Latest news with #EQC
Auto Car
5 days ago
- Automotive
- Auto Car
A new era of Mercedes will begin the new GLC EV – here's all you need to know
Successor to EQC will go toe-to-toe with forthcoming BMW iX3 in Europe's most hotly contested segment Close Mercedes-Benz will launch a radical new GLC next year, an important new model for the German firm as it looks to gain a foothold in Europe's most hotly contested new car segment. Launching at the same time as the new BMW iX3, its key segment rival, the electric GLC not only marks Mercedes' next step in electrification but also will be the first car to embody the brand's bold new-era design language – something that will be adopted across the rest of the range in the coming years. It will be sold alongside the current, second-generation combustion-engined GLC, which was launched in 2022. That car has regularly been Mercedes' best-selling model since its introduction in 2015 and the firm hopes the new GLC EV – successor to the discontinued EQC SUV – can leverage the equity built by the GLC name and be a catalyst for Mercedes' EV sales. Going on sale in early 2026, the electric GLC – which we've already driven in prototype form – will become the first model to use the Mercedes-Benz Electric Architecture ( which will also form the basis of the upcoming electric C-Class, due at the end of 2026 or start of 2027. It supports an 800V electrical architecture and has an expected maximum charging speed beyond the 320kW of the new MMA-based CLA EQ – the longest-range and most efficient EV currently on sale. Mercedes officials have confirmed to Autocar that the electric GLC will draw electricity from a 94.5kWh battery, which will provide up to 435 miles of range in its most efficient form. While that is a significant amount of range for an SUV, matching today's class-leading Peugeot e-3008, it will be beaten by the new iX3, which is promised to offer 497 miles. The electric GLC will be sold with single- and dual-motor powertrains, offering up to 482bhp in dual-motor guise. An AMG performance flagship is due in 2027 and is tipped to offer up to 600bhp. In styling terms, the GLC will introduce Mercedes' new look. A key aspect of this is the new nose. Official pictures from the German firm show a reinvented grille design that fuses classic styling with bold lighting elements. This includes a chrome front perforated with 942 small holes. Behind the panel are more than 100 LEDs, which enable the grille to light up in a variety of customisable ways. The central star logo is also illuminated, although the extent to which it is will be dependent on local regulations. Mercedes boss Ola Källenius said the new design would ensure Mercedes could maintain its identity through its EVs 'in current times, with 100-plus Chinese firms' and others entering the market; and ensure it could carry 'the calling card of Mercedes, the unmistakable Mercedesness' into the future when new ICE cars finally go off sale from 2035. Like the smaller CLA, the GLC's overall design is of a progressive look. It draws heavily on Mercedes' Vision EQXX concept car in terms of aerodynamic performance and minimising the loads on the motors to maximise efficiency. For reference, the streamlined EQXX extracted 627 miles from a 100kWh battery pack last year. As a result, this approach will yield a futuristic-looking design, with a rakish bubble-like roofline. According to Mercedes design chief Gorden Wagener, the ambition is to give the new model 'a strong identity' in the 'sea of sameness' that he perceives among today's EVs. Much of the GLC's cockpit design remains under wraps, but the new CLA hints at what to expect. That car's dashboard is designed around the latest iteration of Mercedes' Superscreen, which spans the width of the dashboard with three digital displays – a 10.25in screen for driving information, a 14.6in infotainment screen in the middle and a 14in screen for the front passenger. Like its iX3 rival, the GLC will dispense with many physical buttons and instead use voice controls backed by artificial intelligence systems. Join our WhatsApp community and be the first to read about the latest news and reviews wowing the car world. Our community is the best, easiest and most direct place to tap into the minds of Autocar, and if you join you'll also be treated to unique WhatsApp content. You can leave at any time after joining - check our full privacy policy here. Next Prev In partnership with
ArabGT
7 days ago
- Automotive
- ArabGT
The 2026 Mercedes GLC EV Unveils a Game-Changing Futuristic Grille
Mercedes-Benz is setting the stage for the future of its design language—starting at the very front. Leading the charge is the striking new front grille that will debut on the upcoming 2026 Mercedes GLC electric SUV. Teased in official previews, this grille isn't just a facelift—it marks the beginning of a new chapter in Mercedes' design evolution. This is more than a design refresh. It's a visual manifesto. With the release of detailed teaser images, the direction Mercedes-Benz is heading with the all-electric 2026 GLC has come into focus. And while the specs are impressive, what's making headlines is the radical redesign of the front grille—a bold, unmistakable statement that signals where the brand is headed. A Grille That Redefines Identity The new GLC will arrive as a fully electric model, stepping in to replace the outgoing EQC. But this isn't just an EV version of an existing SUV—it's the flagship of a new design language that moves away from the separate EQ aesthetic. At the center of this identity is the grille, which seamlessly blends luxury, heritage, and future-forward thinking. Far from being a blanked-out front panel, this grille reinvents the idea entirely. Mercedes draws inspiration from its design heritage—particularly the iconic Ponton era—but reinterprets it through a futuristic lens. Advanced LED lighting is integrated directly into the grille, creating a dramatic visual signature that's as expressive as it is elegant. The illumination isn't just eye-catching—it's emotional, changing the atmosphere and creating a visual rhythm that connects car and environment. The Beginning of a Brand-Wide Shift The 2026 GLC EV won't be a one-off. Mercedes confirms this new front-end design will shape the look of its entire future lineup—electric and hybrid alike. It marks the brand's departure from the now-retired EQ design language, opting instead for a unified, sophisticated identity that feels both rooted in the brand's DNA and daringly new. Launching this design philosophy with the GLC makes sense: it's one of Mercedes' best-selling and most versatile models, and serves as the ideal entry point to showcase this transformation to the world. Engineering Meets Expression Built on the Mercedes-Benz electric platform, the GLC EV will support ultra-fast charging up to 320 kW and deliver over 700 km of range in its top configuration (WLTP). Performance enthusiasts will also have an AMG variant to look forward to, promising thrilling capability in the luxury electric SUV segment. Inside, the tech revolution continues. Expect a massive Hyperscreen stretching across the dashboard, powered by the next-generation operating system—delivering a user experience that's just as forward-looking as the exterior. This Is Not an Upgrade—It's a Statement With the new GLC EV, Mercedes isn't tweaking its existing formula—it's rewriting it. The brand is signaling that its electric future isn't just about switching drivetrains—it's about reshaping the entire ownership experience. The GLC EV embodies a design philosophy that respects heritage while embracing the full potential of electric innovation. It's more than a car. It's the face of a new era. And that face is striking, futuristic, and undeniably Mercedes. As 2026 approaches, one thing is clear: the electric GLC isn't just another model. It's the vehicle that will carry Mercedes-Benz into a new design generation—and possibly redefine what German luxury means in the EV age. Are you ready for the next chapter in electric luxury?
Yahoo
30-07-2025
- Business
- Yahoo
QUBT or RGTI: Which Quantum Stock Offers the Better Upside Now?
Quantum Computing Inc. QUBT and Rigetti Computing RGTI are two early-stage players in the evolving quantum computing landscape. QUBT is positioning itself around enterprise software and AI integration, buoyed by the commercial launch of its Dirac-3 Entropy Quantum Computer and recent capital raises. While revenues remain negligible, the company is aggressively marketing its quantum solutions across aerospace, defense and AI, banking on hardware-software co-development for early adoption. Rigetti, on the other hand, reported more substantial revenues in the last-reported quarter, 50 times higher than QUBT's top line. With the 84-qubit Ankaa-2 system now in commercial operation and a clear technical roadmap leading to 336-qubit Lyra systems, Rigetti is focusing on cloud partnerships and hybrid quantum-classical architectures. However, widening losses and an ongoing restructuring effort may continue to result in operational challenges in the coming days. As both companies race to gain a commercial footing in the quantum computing sector, it's time for investors to examine their financial performance, product milestones and commercialization strategies to determine which stock is making tangible progress toward sustainable profit. Let's find out. Key Reasons to be Bullish on QUBT Capital Raise Secures Multi-Year Runway: In the first quarter of 2025, Quantum Computing raised net proceeds of $93.6 million, which boosted cash and cash equivalents to $166.4 million as of March 2025. In June again, QUBT closed a much larger $200 million private placement (14,035,089 shares at $14.25 per share), which lifted its total cash position to over $350 million. This substantial fund accumulation is intended to fuel go-to-market efforts for its Dirac-3 Entropy Quantum Computer, AI-integrated software and sector-specific solutions targeting aerospace, defense and advanced analytics. From Lab to Market: Quantum Computing is making a significant leap from research to commercialization with the launch of its fully operational quantum photonic chip foundry in Tempe, AZ. The facility is now producing thin-film lithium niobate (TFLN) chips, a foundational component of QUBT's proprietary Entropy Quantum Computing (EQC) architecture. As per the last update, the foundry is already fulfilling commercial orders, with chips being delivered to both corporate clients and academic institutions. This positions QUBT as one of the few quantum companies globally with in-house photonic chip manufacturing capabilities. Complementing its manufacturing progress, QUBT is also gaining traction through early-stage commercial deployments. The company has delivered a quantum vibrometer to Delft University of Technology and an EmuCore quantum computing system to a leading global automotive manufacturer. Additionally, QUBT is executing a $406,000 subcontract with NASA focused on improving LiDAR system accuracy through quantum noise reduction. These are not speculative pilot programs but funded, real-world deployments. Image Source: Zacks Investment Research Key Reasons to Be Bullish on RGTI Strategic Capital Boost: At the end of April 2025, Rigetti held $237.7 million in cash, cash equivalents, and available-for-sale investments, up from $209 million at first-quarter-end, following a $35 million strategic equity investment from Quanta Computer, a major Taiwanese OEM, which purchased shares at a premium price of $11.59 per share. This strong cash position provides Rigetti with a multi-year financial runway, enabling it to pursue core goals such as R&D advancement, scaling chip fabrication and expanding collaborative partnerships without near-term dilution. Image Source: Zacks Investment Research Government-Funded Momentum and Scalable Technical Progress: Rigetti is strengthening its quantum computing position through strategic government collaborations and technical advancements. The company secured non-dilutive funding from major programs, including DARPA's Quantum Benchmarking Initiative, a $5.48 million U.S. Air Force grant for ABAA chip fabrication and leadership of a £3.5 million Innovate U.K. project focused on quantum error correction. On the technical side, Rigetti demonstrated optical control of superconducting qubits using a hybrid transducer and applied a quantum preconditioning algorithm on its 84-qubit Ankaa-3 system, outperforming classical methods in power grid optimization. It is also upgrading its Novera QPU platform from 24 to 36 qubits to support multi-chip scaling. QUBT Outperforms RGTI and Benchmark in a Year Over the past year, shares of Quantum Computing have surged 2336%, handily outperforming the S&P 500's 19.4% rise. Rigetti shares jumped 1116% during the said period. These explosive gains reflect investor enthusiasm around both companies' tangible progress toward scalable quantum technologies. One-Year Price Comparison Image Source: Zacks Investment Research Which Stock to Bet on Now? While both QUBT and RGTI carry a Zacks Rank #3 (Hold) and have seen explosive stock gains, Rigetti emerges as the stronger near-term bet. QUBT's photonic chip advances and early deployments are promising, but its revenues remain minimal and its outlook is not fully clear. Rigetti, by contrast, delivers higher revenues, a clearer technical roadmap with its Ankaa-3 and Lyra systems and strong backing from government programs. All these make it a more credible long-term play in quantum computing. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quantum Computing Inc. (QUBT) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-02-2025
- Business
- Yahoo
Equity Commonwealth (EQC) Q4 2024 Earnings Call Highlights: Strategic Asset Sales and Wind-Down ...
Release Date: February 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Equity Commonwealth (NYSE:EQC) successfully completed the sale of all its real estate assets, including the recent sale of 12,225 17th Street Plaza in Denver for $132.5 million. Since 2014, EQC has sold over $7.9 billion in assets, including 168 properties and three land parcels, demonstrating effective asset management. The company has retired $3.4 billion of debt and preferred shares, strengthening its financial position. EQC has returned significant value to shareholders, with $3.8 billion in distributions and $652 million in common share repurchases. Shareholders approved the plan of sale with 99% of votes in favor, indicating strong shareholder support for the company's strategic direction. The company is in the process of winding down, which includes delisting from the New York Stock Exchange and deregistering with the SEC, signaling the end of its public company status. Future distributions are expected to be limited, with the final distribution anticipated in mid-April, and no future distributions from the liquidating trust. The liquidation basis of accounting has been adopted, which may lead to uncertainties in financial reporting and asset valuation. The estimated aggregate shareholder liquidating distribution range has been slightly adjusted, which may affect shareholder expectations. The transition to a Maryland liquidating trust and conversion of common shares into beneficial interest units may introduce complexities for shareholders. Warning! GuruFocus has detected 2 Warning Signs with EQC. Q: Can you provide an update on the recent sale of the 17th Street Plaza in Denver? A: Bill Griffiths, CFO, stated that the sale of 17th Street Plaza in Denver was completed on February 25th for a gross sale price of $132.5 million, with a net purchase price of approximately $124.4 million after credits for contractual lease costs. This sale marks the completion of the sale of all of the company's real estate assets. Q: What has been the total impact of asset sales since 2014? A: Bill Griffiths, CFO, reported that since 2014, Equity Commonwealth has sold over $7.9 billion in assets, including 168 properties and three land parcels totaling 45.8 million square feet, for an aggregate gross sales price of $7.2 billion. Additionally, the company has retired $3.4 billion of debt and preferred shares, repurchased $652 million of common shares, and paid $3.8 billion in distributions to common shareholders. Q: What are the details of the recent shareholder distributions and future expectations? A: Bill Griffiths, CFO, explained that in December, the company paid an initial liquidating distribution of $19 per share to common shareholders. The estimated aggregate shareholder liquidating distribution range has been updated to $20.55 to $20.70 per common share, inclusive of the $19 per share distribution already paid. The final distribution is anticipated in mid-April. Q: What is the company's plan following the final distribution? A: Bill Griffiths, CFO, mentioned that after the final distribution, the company's common shares will be delisted from the New York Stock Exchange. The remaining assets and liabilities will be transferred to a Maryland liquidating trust, and common shares will be converted into beneficial interest units in the trust on a one-for-one basis. The company will also be deregistered with the SEC. Q: How has the company approached the wind-down process? A: Bill Griffiths, CFO, stated that the company has focused on executing the wind-down process prudently and efficiently. They are proud of the progress made, particularly with the sales of the remaining assets over the last few months, and appreciate the support from shareholders and the dedication of the EQC team. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
