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Author: Nikki News Feed
EV price hikes fueled by battery costs send jolts across China
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Mitsubishi Motors to revive Colt in Europe after 10-year hiatus
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PTT-Foxconn EV project eyes Thai production for Chinese automakers
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India’s Motherson joins bidding to support Marelli restructuring
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Volkswagen, Mercedes and Jeep hike Japan prices as costs soar
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China’s Great Wall Motor staying in Russia ‘for time being’
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Sumitomo Electric to move auto parts production out of Ukraine
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Volkswagen forms Chinese ties to secure EV battery materials
SHANGHAI (Reuters) — Volkswagen will form joint ventures with Huayou Cobalt and Tsingshan Group to secure nickel and cobalt supplies for electric vehicles in China, the world’s No. 1 car market, and to slash costs at a time of surging raw material prices. The move is part of a 30 billion euro ($33 billion) push by the world’s second-largest… Continue reading Volkswagen forms Chinese ties to secure EV battery materials
Suzuki Motor to build new EV battery plant in India
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