Lotus Abandons EV Focus, Unveils Hybrid V8 Supercar by 2028

Welcome to The Downshift, or TDS for short. Your daily source for global automotive headlines, curated for clarity and impact.

Lotus Shifts Gears: Hybrid V8 Supercar ‘Type 135’ Coming by 2028

Lotus has reversed its all-electric business strategy, opting instead to launch a hybrid V8 sports car by 2028. The yet-to-be-named model, codenamed “Type 135,” marks a bold return to internal combustion—albeit with a modern twist. Alongside this, Lotus will refresh its current gas-powered Emira, enhancing power and shedding weight for improved performance. [Autocar]

Ford Launches Ford Energy to Sell Battery Storage Systems

Ford is repurposing excess battery production to launch Ford Energy, a new venture selling energy storage systems. Built in the U.S., these systems will target utilities, data centers, and industrial clients. [Barron’s]

GM to Cut 500–600 IT Jobs Globally Amid Cost-Cutting Push

General Motors announced plans to lay off between 500 and 600 IT workers worldwide as part of a broader cost-reduction strategy. The move aims to “better position the company for the future.” [Bloomberg]

Audi Q9 Unveiling Set for July 29 with U.S.-Focused Design

Audi will debut the new Q9 SUV on July 29, highlighting its interior design tailored for the American market. The automaker has already released teaser images of the cabin. [Audi]

Waymo Recalls 3,800 Robotaxis Over Flooded Road Risk

Waymo is recalling 3,800 robotaxis due to a software fault that could cause vehicles to enter flooded roads with higher speed limits. [Reuters]

Ford Explores Verstappen’s Interest in WEC Hypercar Drive

As speculation grows around Max Verstappen’s future, Ford Performance director Mark Rushbrook confirmed discussions with the four-time F1 champion about piloting its WEC hypercar. Verstappen has expressed strong interest in sports car and endurance racing. [Motorsport.com]

Honda and Acura to Sell Thule Accessories at Dealerships

Honda and Acura will begin selling Thule’s active lifestyle accessories—including roof boxes and bike racks—directly through their dealership networks. [Autoblog]

Tesla Invests $250M to Expand Berlin Battery Plant

Tesla plans to invest $250 million into its battery production facility near Berlin, aiming to boost manufacturing capacity. [Reuters]

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