STOCKHOLM, Dec. 2, 2020 /PRNewswire/ — Elkem has completed and opened a new production workshop in Shanghai, China, dedicated to the development and manufacturing of specialised silicones for hybrid and electric vehicles. This move further strengthens Elkem’s position as the largest silicones producer in China. China is the world’s largest single market for the production and… Continue reading Elkem opens new workshop in China dedicated to specialised silicones for hybrid and electric vehicles
Author: PR Newswire Online News
Kia Motors America’s Momentum Continues With Selling-Day Adjusted Year-Over-Year Sales Increase Of 8.3-Percent
Kia’s wide range of light trucks – Soul, Seltos, Sportage, Sorento, Telluride and Sedona – accounted for 65-percent of November retail sales volume. November also saw an uptick in midsize sedan sales performance, with the all-new K5 posting an 8.1-percent year-over-year increase in a segment that experienced an 11-percent decrease in sales year-over-year. “Despite increased… Continue reading Kia Motors America’s Momentum Continues With Selling-Day Adjusted Year-Over-Year Sales Increase Of 8.3-Percent
On Track: Battista Hypercar Completes High Speed Test Programme In Nardò
The successful test marks the beginning of the next chapter in the development programme of the most powerful Italian sports car ever produced. This will see nine test and validation versions of the pure-electric Battista driven on public roads and in private test facilities to fine-tune, validate and homologate its bespoke chassis settings, advanced torque… Continue reading On Track: Battista Hypercar Completes High Speed Test Programme In Nardò
Hyundai Motor Group to Lead Charge into Electric Era with Dedicated EV Platform ‘E-GMP’
SEOUL, Dec. 1, 2020 /PRNewswire/ — Continue Reading BEVs based on E-GMP can provide range over 500km on a full charge (WLTP) and be charged up to 80% within 18 minutes through high-speed charging Tweet this Hyundai Motor Group to lead charge into electric era with dedicated EV platform ‘E−GMP’ Hyundai Motor Group reveals E-GMP,… Continue reading Hyundai Motor Group to Lead Charge into Electric Era with Dedicated EV Platform ‘E-GMP’
Lucid Motors Completes Construction on First Greenfield Electric Vehicle Factory in North America; Commissioning Process Underway for Spring 2021 Production Start of Lucid Air
“We broke ground on the 590-acre Lucid AMP-1 site in Casa Grande, Arizona, on December 2, 2019, and slightly less than a year later we have completed the first purpose-built EV factory in North America,” said Peter Rawlinson, CEO and CTO, Lucid Motors. “The effort and agility demonstrated by this team is truly astounding, as… Continue reading Lucid Motors Completes Construction on First Greenfield Electric Vehicle Factory in North America; Commissioning Process Underway for Spring 2021 Production Start of Lucid Air
Timken Acquires Aurora Bearing Co.
NORTH CANTON, Ohio, Dec. 1, 2020 /PRNewswire/ — The Timken Company (NYSE: TKR), a world leader in engineered bearings and power transmission products, has acquired the assets of Aurora Bearing Company (Aurora). Aurora manufactures rod ends and spherical plain bearings, which serve a diverse range of industrial sectors, including aerospace and defense, racing, off-highway equipment and… Continue reading Timken Acquires Aurora Bearing Co.
Hanon Systems Supplies Eco-Friendly R744 Heat Pump Components to VW
SEOUL, South Korea, Nov. 30, 2020 /PRNewswire/ — Global thermal and energy management supplier Hanon Systems (KS: 018880) today announced the company is supplying its innovative R744 heat pump components to the Volkswagen Group for its global MEB platform. Designed specifically for battery-powered and electric vehicles, the first to market R744 heat pump components enable… Continue reading Hanon Systems Supplies Eco-Friendly R744 Heat Pump Components to VW
SEAT electrifies its large SUV as the Tarraco e-HYBRID enters production
“SEAT continues its electrified offensive as it transforms its offering to a more sustainable future, with the introduction of its 3rd electrified model: the SEAT Tarraco e-HYBRID,” said Wayne Griffiths, President of SEAT. “The electrification of our large SUV takes plug-in hybrids to a new segment, shows our commitment to the technology while taking us… Continue reading SEAT electrifies its large SUV as the Tarraco e-HYBRID enters production
General Motors Signs MoU with Nikola to Supply Hydrotec Fuel Cell Systems
DETROIT, Nov. 30, 2020 /PRNewswire/ — Global supply agreement focused on GM’s Hydrotec fuel cell system for Nikola’s Class 7/8 trucks Non-binding MoU replaces previous transaction announced Sept. 8, 2020 General Motors Co. (NYSE: GM) today announced it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide… Continue reading General Motors Signs MoU with Nikola to Supply Hydrotec Fuel Cell Systems
Nikola Signs MOU with General Motors
PHOENIX, Nov. 30, 2020 /PRNewswire/ — Nikola Corporation (NASDAQ: NKLA) today announced the signing of a non-binding Memorandum of Understanding (“MOU”) with General Motors for a global supply agreement related to the integration of GM’s Hydrotec fuel-cell system into Nikola’s commercial semi-trucks. This supersedes and replaces the transaction announced on September 8, 2020. Under the terms… Continue reading Nikola Signs MOU with General Motors