Eblogtip.com
  • Categories
    • News
    • Technology
    • Domains
    • Hosting
    • Promotions

Archives

  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • December 2022

Categories

  • News
  • Technology
  • Uncategorized
eBlogTip
  • Categories
    • News
    • Technology
    • Domains
    • Hosting
    • Promotions
  • Technology

Aston Martin’s deal with Lucid kicks AMG to the curb

  • June 28, 2023
Total
0
Shares
0
0
0

Few places exemplify the peak of the internal combustion engine better than the Mercedes-AMG factory in Affalterbach, Germany. There, individual workers assemble entire engines by hand, capping each one off with an emblem bearing their signature. The company’s philosophy? “One man, one engine.”

For decades, that philosophy helped build AMG’s brand. The Mercedes subsidiary is known for taking luxury cars and turning them into the German equivalent of muscle cars: fast, loud and a bit brutish. Its hand-built engines were sought after not only by consumers, but other companies. A decade ago, it signed a deal with Aston Martin to supply the British marque with its 4.0-liter V8.

Now, that deal is living on borrowed time. On Monday, Aston Martin announced that it was entering into a partnership with Lucid. The upstart automaker would supply electric motors, powertrains, and battery systems as Aston Martin transitions its core models to EV powertrains by 2030. Mercedes is out, and its stake in Aston Martin, which could have grown to 20%, is frozen just shy of 10%.

For over a century, automakers used engines to differentiate themselves from the competition. AMG was long known for hand-built, high-output V8s. BMW’s reputation stems in no small part from its silky-smooth inline-6s. Dodge’s muscle-car image was built on the back of the Hemi brand of V8s. Honda made a name with VTEC, GM with the small-block V8, and Audi got weird with inline-5s. There are more, but you get the picture.


Source link

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Previous Article
  • Technology

TikTok could soon bring its new e-commerce store to the U.S.

  • June 28, 2023
View Post
Next Article
  • Technology

US Patent and Trademark Office notifies filers of years-long data leak

  • June 28, 2023
View Post
You May Also Like
View Post
  • Technology

Disability tech startups kill the cynic in me

  • September 23, 2023
View Post
  • Technology

Walmart’s PhonePe launches app store with zero fee in challenge to Google

  • September 23, 2023
View Post
  • Technology

How CFOs can reduce SaaS spend by 30% in these tough times

  • September 22, 2023
View Post
  • Technology

LimeLoop’s sleek reusable mailers seek to replace cardboard boxes

  • September 22, 2023
View Post
  • Technology

AquaLith might have an answer to the US battery material shortage problem

  • September 22, 2023
View Post
  • Technology

Bay Area baby belly beholding Battlefield bounty

  • September 22, 2023
View Post
  • Technology

Unity U-turns on controversial runtime fee and begs forgiveness

  • September 22, 2023
View Post
  • Technology

Pitch Deck Teardown: Transcend’s $20M Series B deck

  • September 22, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

eBlogTip.com
  • Categories

Input your search keywords and press Enter.