KARMA AUTOMOTIVE’S NEW POWER INVERTERS ENHANCE ELECTRIC VEHICLE CHARGING 

VIEW ALL () x Apr 02,2020 New Karma Traction Inverter Uses Silicon Carbide Semiconductors (SiC) to Deliver High Efficiency and Performance Enhancement for Karma and Partnered Electric Vehicles Flexible Architecture Design in 400V System Can Be Customized to Fit Various Vehicle Platforms Without Compromise Also Available in 800V Power Level to Leverage Higher Voltage for… Continue reading KARMA AUTOMOTIVE’S NEW POWER INVERTERS ENHANCE ELECTRIC VEHICLE CHARGING 

Traton sees some order cancellations, can’t rule out job cuts: WiWo

FILE PHOTO: Visitors stand at the booth of Volkswagen’s truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) Traton (8TRA.DE) commercial truck unit has seen cancellations of orders due to the coronavirus outbreak but these are manageable, its chief told a… Continue reading Traton sees some order cancellations, can’t rule out job cuts: WiWo

BYD, Toyota finalize 50:50 JV to develop EV batteries

For the new company, headquatered in Shenzhen Hirohisa Kishi from Toyota will serve as chairman, and Zhao Binggen from BYD will be the chief executive officer (CEO). New Delhi: Toyota Motor Corp on Thursday has formally incorporated a joint venture with Chinese electric vehicle maker BYD to conduct the research and development for battery electric… Continue reading BYD, Toyota finalize 50:50 JV to develop EV batteries

Honda extends North American auto plant shutdowns

FILE PHOTO: The Honda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy WASHINGTON (Reuters) – Honda Motor Co (7267.T) said Thursday it will extend a shutdown of all U.S. and Canadian auto plant production through April 10 and at its plant in Celaya, central Mexico,… Continue reading Honda extends North American auto plant shutdowns

Daimler secures $13 billion loan facility

FRANKFURT, April 2 (Reuters) – Daimler said on Thursday it has signed an agreement for a 12 billion euro ($13 billion) credit line to increase its financial flexibility in the current coronavirus crisis. The credit line comes in addition to an 11 billion euro revolving credit with a term until 2025, including extension options. The… Continue reading Daimler secures $13 billion loan facility

Ford says post-crisis support for U.S. customers ‘would be appropriate’

(Reuters) – Ford Motor Co’s (F.N) U.S. sales chief said on Thursday the automaker believes some level of government stimulus will be needed for consumers once the coronavirus pandemic recedes and that the crisis will spur a permanent shift toward more online vehicle sales in America. FILE PHOTO: The front grill logo of a Ford… Continue reading Ford says post-crisis support for U.S. customers ‘would be appropriate’

Honda extends U.S., Canada auto plant shutdown through April 10

FILE PHOTO: The Honda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy WASHINGTON (Reuters) – Honda Motor Co (7267.T) said Thursday it will extend a shutdown of all U.S. and Canadian auto plant production through April 10 because of the ongoing coronavirus outbreak. A growing… Continue reading Honda extends U.S., Canada auto plant shutdown through April 10

Fiat Chrysler to start three Italian sites immediately after lockdown ends: union

FILE PHOTO: New Fiat 500 electric cars are displayed at a Fiat Chrysler event held to unveil its first electric model, in Milan, Italy, March 4, 2020. REUTERS/Flavio Lo Scalzo MILAN (Reuters) – Fiat Chrysler (FCHA.MI) aims to restart operations at three Italian sites as soon as the government lifts coronavirus restrictions on manufacturing, a… Continue reading Fiat Chrysler to start three Italian sites immediately after lockdown ends: union

BYD and Toyota BEV R&D JV to begin operations next month

BYD Company (BYD) and Toyota Motor Corporation have announced today that preparations have proceeded since they signed an agreement for the establishment of a joint venture company to conduct research and development of battery electric vehicles (BEVs) on November 7, 2019, and registration of the new company has been completed. Operations are scheduled to commence… Continue reading BYD and Toyota BEV R&D JV to begin operations next month

March 2020 strongest month so far: Purchase premium drives demand for electric cars to record highs

Jan Woitas / dpa central image An electrically powered BMW i3 in downtown Leipzig Last March, more applications were made for the electric car and plug-in hybrid purchase premium than ever in a month. A total of 12,365 people or companies registered with the responsible Federal Office of Economics and Export Control, as can be… Continue reading March 2020 strongest month so far: Purchase premium drives demand for electric cars to record highs