MEXICO CITY, Feb 27 (Reuters) – President Andres Manuel Lopez Obrador is holding a call on Monday morning with Tesla Inc. Chief Executive Elon Musk, two officials said, after the Mexican leader revealed he would be talking to the “owner” of the electric vehicle maker. Lopez Obrador made his remark as he was finishing a… Continue reading Mexican president to speak to Tesla’s Musk on Monday morning, article with image
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Stellantis, unions agree 2,000 voluntary exits in Italy this year, article with image
MILAN, Feb 27 (Reuters) – Stellantis (STLAM.MI) and unions signed an agreement to cut up to 2,000 workers from the carmaker’s Italian operations this year through voluntary redundancies, workers’ representatives said on Monday. The redundancies amount to over 4% of Stellantis workforce in Italy, currently, around 47,000 people, FIM, UILM, Fismic, Uglm and Aqcfr unions… Continue reading Stellantis, unions agree 2,000 voluntary exits in Italy this year, article with image
Fisker reports higher orders, maintains annual production target, article with image
Feb 27 (Reuters) – Electric-vehicle startup Fisker Inc (FSR.N) on Monday flagged increased orders for its sports utility vehicle Ocean and maintained its production forecast for the year, sending its shares higher by 7% in trading before the bell. Demand for electric vehicles has surged globally as countries seek to tackle climate change by opting… Continue reading Fisker reports higher orders, maintains annual production target, article with image
Explainer: Biden’s EV highway takes shape, article with gallery
Feb 27 (Reuters) – Armed with billions of dollars, the Biden administration is embarking on the biggest transformation of the U.S. consumer driving landscape in generations, hoping to blanket the nation’s highways with electric vehicle chargers. The goal is to grow the nationwide network of chargers to 500,000, including high-speed chargers – no more than… Continue reading Explainer: Biden’s EV highway takes shape, article with gallery
Tesla’s German plant hits 4,000 cars per week ahead of schedule, article with image
BERLIN, Feb 27 (Reuters) – Tesla’s (TSLA.O) plant in Brandenburg near Berlin is now producing 4,000 cars per week, the company said on Monday, three weeks ahead of schedule according to a recent production plan reviewed by Reuters. Output from the plant is now a third of Model Y output in Shanghai, where Tesla planned… Continue reading Tesla’s German plant hits 4,000 cars per week ahead of schedule, article with image
Nissan raises global EV targets; to increase U.S. localisation, article with image
TOKYO, Feb 27 (Reuters) – Nissan Motor Co Ltd (7201.T) on Monday raised its electrified car sales goals and said it will increase power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla Inc (TSLA.O). The Japanese automaker was a pioneer in… Continue reading Nissan raises global EV targets; to increase U.S. localisation, article with image
Nissan considering second battery source in U.S., Gupta says, article with image
TOKYO, Feb 27 (Reuters) – Nissan Motor Co Ltd (7203.T) is considering securing a second battery source in the United States to help the Japanese automaker meet requirements for the Inflation Reduction Act, Chief Operating Officer Ashwani Gupta said on Monday. Gupta made the comment during briefing about Nissan’s electrification strategy. The company aims to… Continue reading Nissan considering second battery source in U.S., Gupta says, article with image
Cisco works with Mercedes-Benz to create mobile office, article with gallery
BARCELONA, Feb 27 (Reuters) – Cisco (CSCO.O) is working with Mercedes Benz (MBGn.DE) to add its Webex conferencing tools to the dashboard of vehicles arriving in dealerships in the coming weeks, the company said on Monday, as it seeks to turn the car into a mobile office. The 2024 Mercedes-Benz E Class will be equipped… Continue reading Cisco works with Mercedes-Benz to create mobile office, article with gallery
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Toyota’s vehicle production up by 8.8% in January, still short of plan, article with image
TOKYO, Feb 27 (Reuters) – Toyota Motor Corp (7203.T) boosted global vehicle production by 9% in January, it said on Monday, marking its first increase in three months but still coming short of its plan due to COVID-19-related parts shortages. Toyota, the world’s largest automaker by volume, said it produced 689,090 vehicles globally in January,… Continue reading Toyota’s vehicle production up by 8.8% in January, still short of plan, article with image