A global semiconductor chip shortage is set to spill over into Korean automakers as well, raising concerns that a prolonged supply glitch may derail local carmakers off track amid the pandemic. Global carmakers such as General Motors Co. and Toyota Motor Corp. have temporarily shuttered or cut production at some of their plants as they… Continue reading World NM: (News Focus) With looming chip shortage, Korean automakers set to face output cuts001041
Author: World_Newz Mon
World NM: Korean automotive LED makers up presence in 2020 despite market decline: report001030
South Korea’s two major automotive light-emitting diode (LED) makers saw their revenues increase last year despite an overall market slump amid the pandemic, a report showed Friday. Samsung Electronics, which runs the LED business under its device solutions (DS) unit, logged a revenue of $71 million in 2020, up 18.3 percent from a year earlier,… Continue reading World NM: Korean automotive LED makers up presence in 2020 despite market decline: report001030
World NM: Hyundai to build own EV-charging stations in S. Korea001017
South Korean auto giant Hyundai Motor Group said Tuesday it will establish its own high-speed charging infrastructure under the brand name of “E-pit” for its electric models. Hyundai Motor Co. and Kia Corp., two key affiliates of the automotive group, plan to strengthen their EV lineup for a share in the rapidly growing EV market.… Continue reading World NM: Hyundai to build own EV-charging stations in S. Korea001017
World NM: Fisker Automotive’s flashy electrified cars never went mainstream. Its reincarnation wants to change that.001008
Karma Automotive formed after the bankruptcy of sustainable luxury company Fisker Automotive. Now, Karma’s taking that legacy into the mainstream. Go to Source
World NM: Chip Shortage Pressures Ford to Build F-150 Trucks Without Certain Modules001006
A major automaker such as the Ford Motor Company lives and dies by quarterly figures. In the middle of a semiconductor crisis, the Blue Oval decided to keep making F-150s and Edges “without certain parts, including electric modules that contain scarce semiconductors.” 31 photos The Dearborn-based automaker will build and hold trucks and crossovers for… Continue reading World NM: Chip Shortage Pressures Ford to Build F-150 Trucks Without Certain Modules001006
World NM: SK, Geely to jointly chip in for fund for mobility solutions001001
SK Holdings Co., the holding firm of the South Korean energy-to-telecom conglomerate. SK Holdings and Geely will each chip in $30 million for the proposed fund, and draw the rest to be financed from global investors, including European banks and Asian pension funds. SK Group has a portfolio ranging from semiconductors and batteries to energy… Continue reading World NM: SK, Geely to jointly chip in for fund for mobility solutions001001
World NM: Foxconn considers Mexico or Wisconsin for maiden electric-car plant000999
Foxconnwill decide between Mexico and Wisconsin for the site of its first electric-car plant this year, making a big bet on the nascent business, reported Bloomberg. Foxconn, the world’s largest assembler of iPhones, is hoping to replicate its smartphone success by building clients’ electric vehicles from the chassis on up. More sources Go to Source
World NM: Ford to produce next-generation electric vans in Turkey from 2023000995
Automotive giant Ford has said that its next-generation of Transit van will be produced in Turkey from 2023 and will include electric and hybrid versions, as well as combustion-engine versions. The new vans will be built by Ford Otosan, one of the automaker’s Turkish joint-ventures. With a 15% market share, Ford is Europe’s top brand of commercial… Continue reading World NM: Ford to produce next-generation electric vans in Turkey from 2023000995
World NM: 2022 Ford Maverick Small Pickup Truck Will Enter Production in July 2021000991
Arguably the boldest Ford Motor Company product in a long time, the Maverick is expected to attract new customers to the Dearborn-based automaker for several reasons. One of them is the price, rumored at $20k excluding destination for the base powerplant and FWD. 23 photos Spied time and again, the Maverick is going to enter… Continue reading World NM: 2022 Ford Maverick Small Pickup Truck Will Enter Production in July 2021000991
World NM: New GM Trucks Getting Built Without Cylinder Deactivation Due to Chip Shortage000990
A global semiconductor chip shortage is forcing General Motors to build certain 2021 light-duty full-size pickup trucks without their fuel management module, which negatively impacts fuel economy. Without this module, models equipped with the company’s 5.3-liter EcoTec3 V8 unit will average one mile per gallon less than before. 7 photos According to spokeswoman Michelle Malcho,… Continue reading World NM: New GM Trucks Getting Built Without Cylinder Deactivation Due to Chip Shortage000990