Category: News Site

Dealers recognised by Sunday Times as top employers

TrustFord has been ranked 20th on the Sunday Times Best Big Companies to Work For 2020. This is the fifth year running that the company has made the list. The only automotive company to be named to the list, it employs 3015 staff over 195 sites, with staff turnover of 27%. Staff is 76% men to… Continue reading Dealers recognised by Sunday Times as top employers

Utility EDF acquires EV charging company Pod Point

Low-carbon energy provider EDF has acquired Pod Point, an EV charging company. Pod Point has rolled out 62,000 charging points in the UK and 6,600 in Norway. The acquisition follows EDF’s acquisition last year of Pivot Power, which specializes in grid-scale batteries and provides high-voltage power for EV charge points. Simone Rossi, UK CEO of… Continue reading Utility EDF acquires EV charging company Pod Point

Rich Rebuilds Loses Free Supercharging But Will Make A Cyberquad

Rich Benoit, from the Rich Rebuilds YouTube channel, started a new EV conversion project, but it is not merely about making something powered by a combustion engine go electric. Benoit is curiously following Tesla’s step in creating the Cyberquad, the ATV that went to the Cybertruck bed when the electric pickup truck made its premiere.… Continue reading Rich Rebuilds Loses Free Supercharging But Will Make A Cyberquad

Lucid Picks LG Chem As Cell Supplier For Lucid Air Standard Version

Lucid Motors announced a long-term partnership battery supplier LG Chem, which was selected as an exclusive lithium-ion cell supplier for the “standard version” of the upcoming Lucid Air luxury, sports sedan through 2023. Lucid Air is scheduled to enter production in a new facility in Casa Grande, Arizona in late 2020. We will see the final production… Continue reading Lucid Picks LG Chem As Cell Supplier For Lucid Air Standard Version

Rivian Seeks Direct Sales Well Beyond The Situation In Colorado

Our good friend Sean Mitchell is pushing for the approval of direct sales in Colorado, and Rivian is well-aware of the situation. It’s not only on board with the bill in Colorado, but also aware that it needs to work ahead of production in other states to assure it will actually be approved to sell its… Continue reading Rivian Seeks Direct Sales Well Beyond The Situation In Colorado

Toyota restarts final Chinese plant shut by virus outbreak

NAGOYA, Japan — Toyota Motor restarted its fourth and final Chinese assembly plant Monday following a nearly monthlong shutdown sparked by the deadly coronavirus outbreak. Work resumed at the plant in the city of Chengdu after Toyota delayed the restart three times. All of the Japanese automaker’s factories in China were originally closed for the official Lunar… Continue reading Toyota restarts final Chinese plant shut by virus outbreak

India seeks to curb auto-grade steel imports to encourage local production

MUMBAI (NewsRise) — India plans to curb the import of high-quality auto-grade steel in a bid to push local manufacturing of the alloy, a move that raises concerns such restrictions could disrupt the local automobile industry. Earlier this month, the government said in its budget that it is adopting several measures to tighten the restrictions… Continue reading India seeks to curb auto-grade steel imports to encourage local production

Asian equities tumble as coronavirus spreads outside China

HONG KONG (Nikkei Markets) — Asian shares outside of Japan tumbled Monday amid rising fears that the novel coronavirus is spreading rapidly outside of China. The Nikkei Asia300 index of companies outside Japan fell 2.4% to 1,317.01. Futures on the S&P 500 Index dropped 2.7% on Monday and South Korean equities led Asian shares lower… Continue reading Asian equities tumble as coronavirus spreads outside China