Two: Stellantis, Ford/Polestar, and Red Bull

Stellantis Gains AI, but Sheds Brands

• SoundHound AI Partnership: SoundHound AI's voice technology, integrated with ChatGPT, is now live in Stellantis-owned brands like Peugeot, Opel, and Vauxhall across 11 European markets, with further expansion planned. This collaboration marks a significant innovation in the automotive sector.

• Defunct Brands: Italy's government is considering taking over defunct Stellantis brands, Innocenti and Autobianchi, to offer them to Chinese companies for manufacturing in Italy. This move aims to boost Italy's auto industry. Stellantis, currently in talks with the government to increase Italian production, has not been informed of these plans.

Ford-Star?

Ford Capri EV: Ford unveiled the all-electric Capri EV, featuring up to 390 miles of range and sports car-like performance. Built on Volkswagen's MEB platform, the Capri EV offers impressive features such as fast charging and advanced driver assist functions, aiming to revive the iconic Capri brand with modern technology and design.

Polestar Reaction: Polestar's CEO, Thomas Ingenlath, noted the Capri EV's striking resemblance to the Polestar 2, highlighting the competitive nature of the electric vehicle market.

Polestar'sPolestar's Growth and Expansion

Polestar reported an 80% growth in global deliveries for Q2 2024, with significant expansions planned. Production of the Polestar 3 will start in South Carolina by the summer of 2024, and the Polestar 4 will begin in South Korea in 2025. Polestar also announced new market expansions and leadership changes, aiming to strengthen its position in the global EV market.

Red Bull Made A Car: It's Exactly What You’d Expect

Well, exactly what you’d expect minus real wings…

Red Bull has launched its first production car, the RB17, a 1,200-horsepower V10 hybrid hypercar designed for track days only. The RB17 promises F1-like performance with a 0-62 mph time of 5.3 seconds and a top speed of 217 mph.

Each car, priced at $7.5M, offers a bespoke experience for 50 lucky customers, including personalized driver development and customization options. This bold venture reflects Red Bull's commitment to power, speed, and innovation, mirroring its energetic spirit.

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