New York (CNN Business)General Motors’ very expensive Chevy Bolt recall highlights one big risk of building electric vehicles. The challenge for the Bolt and other electronic vehicles is that the large batteries are by far the most expensive component — so replacing the battery is comparable to replacing the entire engine in a traditional car.… Continue reading World NM: GM’s Chevy Bolt recall comes with a huge price tag001431
Author: World_Newz Mon
World NM: Battery life expected to put Nissan ahead, says top executive001430
As the automotive industry advances toward an all-electric era, driven by the goal of a sustainable, zero-emission future, carmakers are seeking to ensure vehicle batteries get a second life by being recycled, refurbished, and reused. With the technology currently available, several electric vehicle components have a limited lifespan, and the most important of them is… Continue reading World NM: Battery life expected to put Nissan ahead, says top executive001430
World NM: MG Motor, Jio bring connected car solutions to Indian SUV market001426
MG Motor India on Tuesday announced a partnership on the Internet of Things (IoT) space with digital services provider Jio. The car maker will provide seamless integration of IT systems enabled by Jio’s IoT solution in its upcoming mid-size SUV. MG Motor India had begun its journey in India with the launch of the country’s… Continue reading World NM: MG Motor, Jio bring connected car solutions to Indian SUV market001426
World NM: Jeep Gladiator Production Halting One Week Over Chip Shortage001414
From the PlayStation 5 to the Huawei P50 that ships with fourth-generation connectivity instead of 5G technology, the chip shortage affects many industries. The auto sector is especially incapacitated, and the latest automobile to feel the semiconductor crunch is the Gladiator. Accord… (continue reading…) Go to Source
World NM: Hyundai union votes to accept wage deal, won’t strike001413
The trade union of South Korean automaker Hyundai Motor said its members have accepted a pay deal and will not go on strike. Since its formation in 1987, the union has staged strikes every year up to 2008, except in 1994. Originally, the union had threatened to go on strike, requesting 30 percent of Hyundai’s… Continue reading World NM: Hyundai union votes to accept wage deal, won’t strike001413
World NM: Ford Has Over 60,000 Incomplete Vehicles Because of the Global Chip Shortage001410
Ford has been stockpiling vehicles for some time now, as the American automaker is no stranger to the global chip shortage. According to chief financial officer John Lawler, the Blue Oval still has 60,000 to 70,000 vehicles waiting for semiconductors. Once those parts are fitted, the vehicles will be ready for delivery. In early July,… Continue reading World NM: Ford Has Over 60,000 Incomplete Vehicles Because of the Global Chip Shortage001410
World NM: JLR deepens localization efforts in China with new model001407
British premium carmaker Jaguar Land Rover has launched a long wheelbase Range Rover model in China, as part of its efforts to deepen localization in the world’s largest vehicle market. The Range Rover Evoque L, produced at Chery Jaguar Land Rover Automotive in East China’s Jiangsu province, has a wheelbase 160 mm longer than the… Continue reading World NM: JLR deepens localization efforts in China with new model001407
World NM: Chevrolet Camaro to be replaced by electric sedan, report says001404
The Chevrolet Camaro has seen better days. Interestingly, the current Camaro is built on a platform that also underpins the four-door Cadillac CT4 and CT5 models, while all of GM’s future electric models will share a common architecture it calls Ultium. The Dodge Challenger sedan has been a stronger seller than the Challenger, so the… Continue reading World NM: Chevrolet Camaro to be replaced by electric sedan, report says001404
World NM: Chinese Truck-Maker Says Unpaid Stake Sale of German Auto Brand Sinks Earnings001398
Beiqi Foton Motor Co. Ltd. (600166.SH) said its gross profit for the first half of this year stood at 554 million yuan ($85 million), but that the figure would have been a little over 1 billion yuan if the company not still embroiled in “Borgward-related matters,” referring to the sale of a 67% stake in… Continue reading World NM: Chinese Truck-Maker Says Unpaid Stake Sale of German Auto Brand Sinks Earnings001398
World NM: U.S. firm HAAH to submit LOI for SsangYong Motor: sources001394
The head of U.S.-based vehicle importer HAAH Automotive Holdings Inc. has said the company is set to submit its letter of intent this week to acquire SsangYong Motor Co., industry sources said Sunday. China-based SAIC Motor Corp. acquired a 51 percent stake in SsangYong in 2004 but relinquished its control of the carmaker in 2009… Continue reading World NM: U.S. firm HAAH to submit LOI for SsangYong Motor: sources001394