Author: World_Newz Mon

World NM: Next-generation Honda Civic prototype teased, to be revealed on November 17000429

Honda is giving automotive enthusiasts the first glimpse with the world debut of the all-new 11th-generation Civic. A teaser image and video released to give viewers a glimpse of the all-new Honda Civic through a geometric looking glass. The Japanese carmaker decided to give a proper glimpse of the car in a few days and… Continue reading World NM: Next-generation Honda Civic prototype teased, to be revealed on November 17000429

World NM: GM recalls EVs equipped with LG Chem batteries000423

General Motors Co. said Saturday it has decided to recall electric vehicles equipped with batteries made by South Korean producer LG Chem Ltd. due to safety concerns. The recall covers the Bolt EV produced from 2017 to 2019, installed with LG Chem’s batteries made from Ochang, 120 kilometers south of Seoul. The company, meanwhile, advised… Continue reading World NM: GM recalls EVs equipped with LG Chem batteries000423

World NM: Indus Motor Company shuts plant for three days on parts shortage000413

A leading Japanese automaker has announced to stop production for three days due to non-availability of parts, while assemblers and vendors are opting for costly air shipments of parts and accessories due to huge delays caused by congestion at ports all over Asia. The country’s overall car production fell by 14.4 per cent to 39,175… Continue reading World NM: Indus Motor Company shuts plant for three days on parts shortage000413

World NM: VW could make EU CO2 targets by “a gram or so,” says CEO000370

German automotive giant Volkswagen will make the new EU carbon emissions limits within just “a gram or so” even if its low-emission vehicles sales are lower than expected due to the pandemic. The fines for missing emissions targets are high – €95 for every gram of CO2 per kilometre over the limit, multiplied by the number of… Continue reading World NM: VW could make EU CO2 targets by “a gram or so,” says CEO000370

World NM: Slovak car-plane developers look to cash in on changing views of flying cars000365

Since they began to roll off production lines, cars have often been touted as a symbol of personal freedom, allowing their drivers and passengers to travel when and where they want, unfettered by the constraints of rail or other forms of transport. And Slovakia has not one, but two companies leading the field in the… Continue reading World NM: Slovak car-plane developers look to cash in on changing views of flying cars000365

World NM: BMW’s Chinese Venture Partner Defaults on 1 Billion Yuan Bond000331

Brilliance Auto Group Holdings Co. Ltd., parent of BMW AG’s main Chinese joint-venture partner, failed to repay a 1 billion yuan ($149 million) bond that came due Friday. In 2003, Brilliance China Automotive Holdings Ltd., a Brilliance Auto subsidiary, established a joint venture with the German luxury automaker to make passenger cars with the BMW… Continue reading World NM: BMW’s Chinese Venture Partner Defaults on 1 Billion Yuan Bond000331

World NM: Why building an electric car is so expensive, for now000317

At Tesla Inc’s ballyhooed Battery Day event in September, chief executive Elon Musk set himself an ambitious target: to produce a US$25,000 electric car in three years. Like all batteries, have the same basic components: two electrodes – a cathode and an anode – and an electrolyte that helps shuttle the charge between them, there… Continue reading World NM: Why building an electric car is so expensive, for now000317

World NM: New lease of life for BMW EV batteries000312

The UK division of BMW Group has begun a partnership with Off Grid Energy to provide a second life to batteries used in BMW and Mini electric vehicles. After this time, the battery can still retain as much as 80% of initial capacity, and could continue to have a ‘secondary use’ as a mobile power… Continue reading World NM: New lease of life for BMW EV batteries000312

World NM: E-motorbike startup ION Mobility raises US$3.3m in seed funds000297

ION Mobility, a Singapore-based smart electric motorbike startup has clinched US$3.3 million in seed funding to launch its first motorbike in Indonesia in 2021, as well as to expand regionally. The investors in the seed round included venture firms Monk’s Hill Ventures, TNB Aura, Village Global, kipleX, 500 Startups’ South-east Asia-focused 500 Durians fund, an… Continue reading World NM: E-motorbike startup ION Mobility raises US$3.3m in seed funds000297