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Dacora Motors unveiled its first ultra-luxury car

In an automotive industry increasingly dominated by new Chinese brands, an unexpected contender has emerged—this time from the United States. Dacora Motors, a start-up founded and led by a woman, is making waves with its ultra-luxury electric vehicle (EV), marking the first American-made high-end car of its kind in nearly a century.

Dacora Motors is not just another EV manufacturer—it’s a trailblazer. Founded by Kristie D’Ambrosio-Correll, an MIT-trained engineer serving as CEO, alongside her partner Eric as CTO, the company claims to be the first car manufacturer in history founded and led by a woman. Their debut model, yet to be named, is positioned as one of the most expensive electric cars in the world, with a starting price of $500,000.

Collaborating with the legendary Italian car design firm Pininfarina, Dacora’s first vehicle draws inspiration from the Streamline Moderne aesthetic of the 1930s, blending retro-futurism with cutting-edge technology. While full specifications remain under wraps, the company has revealed impressive figures: over 400 miles of range, 800+ horsepower, and a lavish 45 inches of rear legroom.

Dacora is distancing itself from the tech-heavy, plastic-laden cabins of modern EVs. Instead, the brand emphasizes artisan craftsmanship, boasting an interior free of plastic—only hardwood, woven wool, and hand-stitched leather—chosen for their breathability, durability, and tactile quality.

Unprecedented personalization for discerning buyers
given its ultra-luxury positioning, Dacora offers unmatched customization. The interior is fully modular, allowing owners to reconfigure seating (from 3 to 7 seats), swap upholstery seasonally (wool for winter, linen for summer), and even adjust the flooring. The company describes it as “a tactile, emotional, and evolving relationship with the car over time.” There is also a semi-transparent, non-touchscreen display and tactile mechanical controls, rejecting the trend of all-digital dashboards.

Each Dacora will be hand-built in New York’s Hudson Valley, where the company plans to open a 100-acre “automotive campus” in 2026. This facility will include manufacturing, a design studio, and guest accommodations for exclusive client experiences.

Despite not yet announcing a delivery date, Dacora reports that reservations have already surpassed 150% of its first-year production capacity, signaling strong demand among elite buyers.

Dacora Motors is more than a car company—it’s a statement. By combining heritage design, sustainable luxury, and female leadership, it challenges the status quo of the auto industry. Whether it can compete with established giants remains to be seen, but one thing is clear: Dacora is redefining what an American luxury car can be.

Source: Dacora Motors

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2025 Renault 5 E-Tech Five costs under 25,000 euros

After months of anticipation, Renault has officially unveiled the most budget-friendly version of its retro-inspired electric car—the Renault 5 E-Tech Five. Priced at €24,900 before incentives, the French automaker has fulfilled its promise to keep the model under the symbolic €25,000 threshold, although with some compromises in features compared to higher-end variants.

Positioned as an accessible EV, the 5 E-Tech Five is built on Renault’s AmpR Small platform, sharing its foundation with other R5 models. The basic version comes with a distinctive green exterior, full LED lighting, 18-inch steel wheels, 7-inch digital instrument cluster with 10-inch touchscreen, manual air conditioning, rear parking sensors, an electric parking brake, and a 60/40 split-folding rear seat. For those seeking personalization, Renault offers an optional black paint finish, a 22 kW charging cable, and an anti-theft system.

When it comes to the powertrain, the Renault 5 E-Tech Five is powered by a single electric motor with a 95 hp and 215 Nm of torque, paired with a 40 kWh battery. While performance is modest—0-100 km/h in 12 seconds and a top speed of 130 km/h—the car offers a claimed range of 310 km (WLTP) with an energy consumption of 14.6 kWh/100 km.

Charging is supported at 11 kW AC, with a 15-80% recharge taking 2 hours and 37 minutes. Buyers can opt for a 22 kW Type 2 cable as an extra, improving charging flexibility.

With this model, Renault completed its offer, spanning from €24,900 for the entry-level version up to €36,400 for the high-end 150 hp Comfort Range Roland-Garros edition. Thanks to various European incentives, buyers in some countries could drive home the retro-styled EV for as little as €20,000.

As Renault strengthens its position in the affordable EV segment, the 5 E-Tech Five is expected to boost sales further, potentially securing a spot among Europe’s top 10 best-selling electric cars this year. Renault’s move is also a clear signal to Chinese EV manufacturers, which have been expanding aggressively in Europe.

Source: Renault

Toyota Boss Warns Against Full EV Shift: ‘Millions of Jobs at Risk’

Akio Toyoda, chairman of Toyota and grandson of the company’s founder, has once again challenged the global push for rapid electrification, presenting data that questions the environmental benefits of a full shift to electric vehicles (EVs).

While most automakers race toward an all-electric future, Toyoda remains a vocal skeptic. At a recent industry event, he argued that forcing consumers into EVs too quickly could have severe economic and ecological consequences.

“The automotive industry is not ready for a full EV transition. Millions of jobs in the supply chain are at risk if we abandon internal combustion engines prematurely. And from an environmental standpoint, EVs are still dirtier than hybrids when you consider production and battery manufacturing,” said Toyoda.

Toyoda backed his claims with striking figures:

  • Toyota has sold 27 million hybrids since the first Prius launched in 1997.
  • According to Toyota’s calculations, these hybrids have had the same carbon impact as just 9 million EVs when factoring in battery production and vehicle manufacturing.
  • “One EV is as carbon-intensive as three hybrids,” he asserted.

While critics acknowledge that EV production emits more CO₂ upfront, studies show that over their lifetime, EVs typically offset these emissions with cleaner operation—especially in regions with renewable energy. Toyoda, however, insists that hybrids remain a more balanced solution for now.

“The enemy is carbon, not a particular technology. We should keep all options open,” said Toyoda.

Toyoda’s stance has drawn mixed reactions. Some applaud Toyota for resisting “groupthink” on EVs, while others argue the company is lagging behind competitors like Tesla and BYD.

As governments push for stricter emissions regulations, Toyota’s strategy will face increasing scrutiny. But for now, Toyoda remains steadfast: “The future isn’t just electric—it’s multi-faceted.”

Source: Reuters