Latest news with #CvK
Top Gear
16-07-2025
- Automotive
- Top Gear
Koenigsegg: new car coming in 2026, but not an EV because they're 'like robots'
Interview Every single Koenigsegg is sold out, so CvK is working on a new one Skip 6 photos in the image carousel and continue reading Got a few million rattling around and in search of a super-exclusive Swedish hyperthing? Bad News! Every single Koenigsegg is sold out. 'We have nothing to sell,' Christian von Koenigsegg told Top Gear. 'Which is kind of good, but also annoying, because it's fun to interact [with] and supply enthusiasts with their dreams and make them come true.' Advertisement - Page continues below However, there's also Good News! A new Koenigsegg is on the horizon, and it'll land as soon as 2026 or early 2027. 'We will introduce something new in one or one and a half years, and then we will open up the order books again.' It'll be something unique and special that possibly debuts a shiny new bit of tech, too. 'Doing very limited runs means you need to develop a lot, because they all need to be different,' said CvK. 'And they all need to have meaning, not just [be] the same thing.' You might like What it likely won't be, is electric. For as much as CvK admires electricity powering automobiles, he noted the need for something a little more primal powering his automobiles. Plus, there's the inescapable feeling nobody really wants a powerful EV hypertoy. Advertisement - Page continues below 'The appetite in the market for this level of car, fully electric, is extremely low,' said CvK. 'So that's one aspect. But also, [I've] kind of experienced electric cars myself for many years, and loving the responsiveness, the smoothness, how easy it is to live with it and all of this. 'But, after a while, if you're a car enthusiast, you want to talk to the beast, right? You want to have a dialogue. It's an argumentation. You want to hear how it's feeling and in what mood it is. 'You want the throbbing, the pumping, the heat, the sounds, the shifts, all of these aspects that just make it come alive. I would say an electric car is a bit more of a robot. This is a bit more of an animal. Thank you for subscribing to our newsletter. Look out for your regular round-up of news, reviews and offers in your inbox. Get all the latest news, reviews and exclusives, direct to your inbox. 'And it's a bit like what the watch industry went through, of course. You had the 70s, you have the quartz watch coming in and killing the analogue mechanical watches. But then they came back because people just wanted a hand-built emotional piece. 'Here, it also brings more performance around a track than any EV can because it's lighter. But you have all of those aspects of Swiss watchmaking in the shape of a car.' He hasn't ruled it out in the distant future, mind. 'Maybe one day, who knows. There might be something. But at the moment, we're happy as it is.' 16 minutes 15 seconds
Politico
13-05-2025
- Business
- Politico
The ports are not OK
Presented by With help from Paroma Soni EYES ON THE WEST COAST: President Donald Trump gave West Coast ports a brief reprieve Monday when he agreed to temporarily pull back from sky-high tariffs on imported goods from China — but the industry is still in choppy waters. 'This is still a crisis,' Long Beach Mayor Rex Richardson said at a press conference Monday, where port and labor leaders touted a new study showing the Port of Long Beach's jobs impact (it's tied to one out of every 22 jobs in California, and one out of every 77 jobs in the U.S.). Trump's agreement with China to lower tariffs from 145 percent to 30 percent did little to ease the growing drumbeat of unease from the shipping and logistics industries of Long Beach and Los Angeles. Together, the ports are the busiest in the nation, even discounting the dozen-odd ships that have canceled their trips from China so far, leaving California workers with fewer shifts unloading and transporting the goods. Representatives from across the shipping and agriculture industries detailed layoffs and canceled orders at a Monday afternoon hearing in Sacramento called by California Treasurer Fiona Ma. 'I'm just going to be really frank, I don't know what Trump is trying to do,' said Amanda Blackwood, the president and CEO of the Supply Chain Federation. 'If there is a belief that creating disruption and leverage is going to create opportunity, I love your hope. However, that's not real, right? Disruption in the market just causes disruption.' West Coast import volumes have gone up and down over the past couple of months, most recently spiking over the weekend and into Monday. Mario Cordero, the CEO of the Port of Long Beach, said it would take one to two months for the latest change in tariffs between the U.S. and China to show up in port activity. 'We're still in an uncertain period,' he said. Mike Jacob, the president of the Pacific Merchant Shipping Association, said the uptick was likely from shipping companies responding to last month's 90-day reprieve. 'We do expect there will be some hiccups because the supply chain works best when it's steady and measured, and what's been happening now is anything other than steady and measured,' he said in an interview. He said Trump's latest announcement was good news in that it would likely bring more short-term business. 'People have gone from talking about, 'How many layoffs am I going to have to do?' to 'How am I going to handle additional cargo?'' he said. Still, local elected officials were reckoning with the fallout. 'The damage is done,' Richardson added. 'We've seen ships that never sailed.' — CvK Did someone forward you this newsletter? Sign up here! NO MORE: House Republicans proposed today to undo the electric vehicle and renewable energy tax credits that make up the core of President Joe Biden's landmark climate law, which Trump has derided as a 'Green New Scam.' The tax-writing Ways and Means Committee detailed its proposed rollback as part of its highly anticipated portion of Republicans' mega reconciliation bill, POLITICO's Josh Siegel and James Bikales report. The Ways and Means text, which will get a markup on Tuesday, will act as a starting gun for negotiations with Senate Republicans over the politically sensitive clean energy tax credits that could take months. Party leaders are seeking to satisfy conservative hardliners who want to eliminate all the energy incentives under the climate law to pay for trillions of dollars in tax cuts. But they are also looking to keep the support of moderates who fear cutting them will jeopardize the jobs associated with manufacturing and power generation projects the Democrats' law is creating in Republican states and districts, putting several lawmakers in a vulnerable political position. The Congressional Budget Office and the Joint Committee on Taxation estimated the tax incentives would cost about $370 billion through their expiration in 2032, though other analyses predicted their costs would exceed $1 trillion. The incentives have also sparked hundreds of billions in private sector investment in clean energy. The Ways and Means bill comes less than a day after the Energy and Commerce Committee proposed in their bill to wipe out a wide swath of the clean energy programs and policies Democrats enacted under the Biden administration and reclaim $6.5 billion in unspent IRA funds. — CvK HIGH-SPEED DEBATE: Gubernatorial hopeful and former Rep. Katie Porter came out swinging against California's high-speed rail project just as proponents gear up for a fight for continued funding from the state's cap-and-trade revenues. 'Increasingly, the evidence is showing that this project is not going to be able to be completed remotely on budget or remotely on time. I think we're already past those benchmarks,' Porter told KTLA last week. 'That's why I don't think we should BS California voters. They have noticed that we don't have a high-speed rail. And they have noticed we've spent money on it.' The attack comes as Gov. Gavin Newsom prepares to release his revised budget proposal this week, potentially including a bid to reauthorize the state's cap-and-trade program — which will in turn kick off a discussion of cap-and-trade's proceeds, a quarter of which currently funds the rail project. Newsom didn't respond to a request for comment on Porter's remarks or his cap-and-trade plans. But the High-Speed Rail Authority put out a broad statement this weekend on the program's significance. 'Continued state investment is critical to the success of the project,' chief spokesperson Carol Dahmen said in an email. 'California's Cap-and-Trade program has traditionally been the only source of ongoing funding for high-speed rail. Since its inception, California High-Speed Rail grappled with a lack of full project funding which has resulted in costly delays and inefficient delivery. Under new leadership, the Authority has been engaged in ongoing discussions with the Administration, State Legislature, and private investors to build faster, smarter, and more economically to connect the State's population centers sooner.' — CvK FIRST IN CC: Speaking of cap and trade: A group of cap-and-trade boosters is launching a nonprofit to spread the gospel of carbon markets. The group, Clean and Prosperous California, will be led by executive director and climate economist Clayton Munnings and includes the California Air Resources Board's former chief economist Emily Wimberger, as well as the newest member of California's Independent Emissions Market Advisory Committee, Stanford professor and former Assemblymember Joe Nation. It'll focus on research, education and 'convenings,' like a happy hour scheduled for this Wednesday at Bottle & Barlow, plus wonkier activities online: two webinars on the history of cap and trade and its role in electricity prices, on May 21 (coinciding with the next quarterly auction) and May 28, respectively. 'Through our work at Clean and Prosperous California, we're committed to contributing valuable research insights to ensure that the cap-and-trade program continues delivering reductions affordably and offers certainty that we'll achieve our ambitious climate targets,' Nation said in a statement. — DK NEW COASTAL COMMISH: Chula Vista city councilmember and San Diego State University administrator Jose Preciado is the Coastal Commission's newest member, replacing Imperial Beach Mayor Paloma Aguirre as Assembly Speaker Robert Rivas' appointee to the San Diego coast slot. — DK — California's Inspector General determined state prisons are not ready for natural disasters like the 2023 flood that got dangerously close to Corcoran State Prison. — The closure of the Valero refinery would eliminate 20 percent of the city of Benicia's tax base. — Insurance Commissioner Ricardo Lara didn't rule out an investigation into State Farm following complaints by victims of January's fires in Los Angeles.
