As expected, the 2022 Pininfarina Battista electric hypercar is now in production, boasting 1900 hp and a price of $1.99 million. Get all the latest auto industry news in the Executive Briefing.
Today’s Headlines:
+ General Motors and Pilot Company are partnering to build a network of 2,000 fast electric vehicle chargers at 500 Pilot and Flying J travel center locations in the United States. More at CNBC.
+ According to the weekly financial magazine Barron’s, automobile loan repossessions are on the increase, mainly on new vehicles that were purchased in 2020 and 2021. More at Autoblog.
+ Ford and South Korean battery maker SK On and a subsidiary are putting together a joint venture for building and operating battery production facilities in the United States. More at Reuters.
+ Both Chip Ganassi Racing and Arrow Mclaren claim to have a signed contract with IndyCar driver Alex Palou for 2023, but he will remain in his seat at Ganassi for now. More at IndyStar.
+ Troubled electric truck maker Lordstown Motors has reshuffled its top management team once again, with president Edward Hightower promoted to chief executive officer. More at Cleveland.com.
+ The Apple+ streaming service is backing the production of a dramatic television series with producer Steven Knight that will based on the life of carmaker Enzo Ferrari. More at Motor Authority.
+ According to Horacio Pagani, Italian supercar maker Pagani will abandon its plans to produce high-end electric sports cars and continue to manufacture its V12 gasoline models. More at Autocar.
+ Hyundai unveiled its IONIQ 6 electric sedan, which shares its platform with the IONIQ 5 crossover and is unofficially rated at 376 miles in range with an optional larger battery pack. More at Electrek.
+ The much-anticipated Pininfarina Battista electric hypercar is now in production, boasting 1900 hp, a list price of $1.99 million, and a 0-60 time of less than two seconds. More at Car and Driver.
+ Belgian network RTBF Sport suspended Lionel Froissart, its French-language Formula 1 commentator, after he allegedly called driver Lance Stroll “the autistic.” More at Motorsport Week.
Photo courtesy of Pininfarina.
Review the previous Executive Briefing from July 11 here.