GM Is Thinking About Building an Electric Hummer

A zero-emission Hummer sounds as paradoxical as non-alcoholic whiskey, but General Motors Co. is mulling over the idea of building an electric vehicle that would bring the defunct gas-guzzling brand back to life.

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CATL grows business into e-bike sector

CATL, the world’s largest power battery producer, has started to diversify its sources of revenue as rivals are quickly catching up and the new energy vehicle market has shown signs of slowing down.To making things worse, international battery makers are starting to make their foray into the world’s largest new energy vehicle market.LG Chem, the world’s fourth largest battery maker, announced Thursday its plans to build a $188 million joint venture with Chinese carmaker Geely to produce and sell batteries for new energy vehicles.

South America close to EU trade deal, says Brazil

…negotiations stray into deeply sensitive political territory for both sides, including the prospect of greater competition for Europe’s beef farmers and for Mercosur’s car manufacturers. There has also…

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Exclusive: Evergrande’s EV Drive Hits Another Speed Bump

Evergrande Group, China’s second-largest real estate developer by sales, has shown its ambition in the electric vehicle business with billions dollars of investments.The company also poured 14.4 billion yuan into Xinjiang Guanghui Industry Investment Group for access to its auto sales network.Evergrande also signed an agreement with the Guangzhou city government this week to invest 160 billion yuan to build factories to produce 1 million electric cars and 500 GWh of batteries a year.

Swedish battery maker secures $1bn funding for Europe’s first ‘gigafactory’

Swedish start-up Northvolt Wednesday (12 June) announced it had secured funding.In 2017 Northvolt announced plans for battery factory “Northvolt Ett”, to employ between 2000 to 2500 people and be located in Skelleftea, a coastal town in Sweden’s industrial north-east.In May, Volkswagen already announced it would spend close to €1 billion building a factory for battery cells in Salzgitter.

Proton-Geely SUV X70 begins local assembly trials in Malaysia

KUALA LUMPUR, June 12 (Xinhua) — Malaysian national carmaker Proton has begun local assembly trials of its X70 Sports Utility Vehicle (SUV) at its manufacturing plant in Tanjung Malim, the company said on Wednesday.
The vehicle, jointly manufactured with China's Geely, will be put together at Proton's new 1.2 billion ringgit (290 million U.S. dollars) assembly plant, which is currently in its final stages of completion, said Proton chairman Syed Faisal Albar who spoke during a signing ceremony at the plant.
“Proton aims to start the production of the X70 in Tanjung Malim in the second half of this year so we are working hard to ensure we hit the target,” he said, adding that it was significant this was achieved within two years of cooperation.
Syed Faisal also said Proton had seen its sales jump from the fourth place on the Malaysian market to the second during the second quarter of this year, attributing this to the introduction of the X70, with its advanced features, to th..