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Recharge Wrap-up: DIY Tesla charging arm, Tesla vs. Maserati smackdown

A Tesla Model S owner built his own version of an automatic charging arm. Assumingly inspired by the creepy, snake-like prototype Tesla previewed a while back, Deepak Mital's autonomous robot – which he calls the Evtron – finds the plug on his Model S and connects the cable to begin charging. Mital says he plans to open source his design once he's finished. It may not be as "sensual" as Tesla's prototype, but people are less likely to flee it in terror. See the Evtron in action in the video above, and read more at Electrek. A Maserati dealership has taken down a comparison between the Ghibli and the Tesla Model S after a thrashing from the EV community. First of all, the Tesla corner pointed out that the listed price of the Model S 60 at $89,320 is misleading, as the current model starts at $66,000 (a loaded 2015 could be optioned up to the price stated by Maserati, but to call that a fair comparison to the $69,800 Ghibli is highly debatable). Other, older Tesla specs also angered the EV supporters. After a Reddit post and a subsequent backlash toward Maserati of Kirkland, the dealership removed the comparison from its website. Read more at Electrek. A new report predicts that the EV charging system market will generate $8.02 billion by 2022. The report from Allied Market Research, titled "World Electric Vehicle Charging System Market," says that the market will see a CAGR of 30.7 percent from 2016 to 2022. In terms of region, Europe will dominate the market, and home charging systems will outpace public chargers. Forces like unstable fuel prices and government programs to reduce carbon emissions will spur EV sales, which, in turn, will boost the market for charging systems. Read more in the press release below. Electric Vehicle Charging System Market is Estimated to Generate $8.02 Billion by 2022 A new report by Allied Market Research titled, "World Electric Vehicle Charging System Market", forecasts that the world electric vehicle charging system market would generate revenue of $8.02 billion by 2022, registering a CAGR of 30.7% during the forecast period, 2016-2022. In 2015, Europe was the highest revenue-generating region owing to the increasing penetration of home and commercial charging systems in countries such as the Netherland, Denmark, UK and France.

Fiat Chrysler's Q3 profit boosted by strong North American earnings

MILAN, Italy — Fiat Chrysler Automobiles (FCA) reported a 17 percent jump in third-quarter adjusted operating profit on Tuesday, helped by a strong performance in its key North American market and improving operations in Europe and Latin America. The world's seventh-largest carmaker still makes the lion's share of its profits in North America, so improving, or at least maintaining, its margins there is a key focus. The carmaker reported an 8 percent adjusted operating profit margin in the region, up from 7.6 percent a year ago, despite a drop in sales and shipments. "FCA's profitability in North America remained strong in the quarter despite a weakening market there," a Milan-based analyst said. FCA's profitability compares with an 8.3 percent North America margin reached in the quarter by bigger U.S. rival GM , showing CEO Sergio Marchionne making progress towards his goal of closing the margin gap with GM and the company's other U.S. rival, Ford, by 2018. The company's confirmation of its full-year outlook also pushed shares higher, a trader added. The stock was up 2.8 percent by 1129 GMT, outperforming a 1 percent rise in the European auto index. FCA has been retooling some U.S. factories to boost output of sport-utility vehicles (SUVs) and trucks while ending production of some unprofitable sedans to strengthen profitability as the U.S. car market comes off its peak. The company said a drop in North America shipments due to lower fleet sales and discontinued models was partially offset by higher deliveries of Ram trucks and two models from the Alfa Romeo stable: the Stelvio sport utility vehicle and Giulia sedan. Profitability also improved in Europe, helped by sales of the Stelvio and the new Jeep Compass, and Latin America, while margins at Maserati remained strong at 13.8 percent due to strong demand for its first SUV, the Levante. In a later conference call, investors are looking for hints on the new strategy to 2022 which the company promised to unveil early next year. Chief Executive Sergio Marchionne said earlier this year that FCA would streamline its portfolio and that components businesses, including Magneti Marelli, would be separated from the group, possibly via a spin-off. While FCA confirmed its targets this year, doubts remain about its exposure to a weakening U.S. market, recall costs and potential fines over emissions after it was targeted by European and U.S.

Orange 2007 Maserati MC12 Versione Corsa is a 755-hp track tiger, and it's for sale

Maserati will enter a new era when it launches an all-new vehicle called the MC20 in May. As the name tips, the upcoming super sports car will be the spiritual successor to the MC12, one of the greatest Maseratis (and greatest cars) ever produced. So the timing couldn't have matched up any better when the ultimate form of the MC12 popped up for sale. Girardo & Co. is currently offering an orange-over-black MC12 Versione Corsa, one of only 12 ever built, and it is undeniably special. Girardo touts the MC12 Corsa as the most powerful Maserati ever built, not surprising considering the Ferrari Enzo-sourced MC12 was related to a race car. The MC12 was the road-going homologated version of the MC12 GT1, which dominated during its time in international GT racing. The GT1 had an air-restricted 6.0-liter V12 that made 580 bhp, while the MC12 made 630. But the Corsa was different. The Corsa, which is not street-legal and is intended for non-competitive track use only, is based on the GT1, but it didn't have to play by all of the rules and regulations required of a race car. That meant no air intake restrictions. With the shackles off, the Corsa's V12 increased its output to 755 horsepower at 8,000 rpm. Weighing in at 2,535 pounds without liquids, thanks in part to the carbon fiber and Nomex honeycomb sandwich monocoque, the Corsa is capable of a 202.5-mph top speed. Maserati claims zero to 124 mph in 6.4 seconds. Gear work is handled by a six-speed sequential semi-automatic Cambiocorsa gearbox, and stopping power comes from carbon ceramic brakes. Whereas Maserati built 50 examples of the MC12 road car, the Corsa model was significantly more limited. In total, 13 examples were built, and one was a prototype. This specific car, chassis No. ZAMDF44B000029631, is No. 8 of 12, and it has an interior plaque that says, "Commemorates the victory at its maiden long distance race the 24hrs of Spa. A first in racing history." Originally, the cars were offered to top-tier customers through invitation to purchase the vehicle for $1.1 million, by today's conversion rates.  Although the price is not listed, we expect today's purchase number to be significantly higher. In 2017, a different Corsa was listed for $2.75 million. Check out more details and photos on Girardo & Co. Related Video: