Category: Automotive

@Tata-JLR: JAGUAR LAND ROVER AND BNP PARIBAS ANNOUNCE AN EXCLUSIVE STRATEGIC PARTNERSHIP IN MOBILITY FINANCING IN EUROPE

About Jaguar Land Rover: Reimagining the future of modern luxury by design  Jaguar Land Rover is reimagining the future of modern luxury by design through its two distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as well as the latest diesel and petrol engines. Our class-leading Jaguars and… Continue reading @Tata-JLR: JAGUAR LAND ROVER AND BNP PARIBAS ANNOUNCE AN EXCLUSIVE STRATEGIC PARTNERSHIP IN MOBILITY FINANCING IN EUROPE

@Hyundai: Kia announces January 2022 global sales results

January global sales at 212,819 units, down 5.7% y/y Sales in Korea recorded 37,038 units, down 10.7% y/y Sales outside of Korea recorded 175,781 units, down 4.6% y/y Kia to accelerate transition to sustainable mobility solutions provider and create sales momentum through new models such as EV6 and all-new Niro Kia Corporation recorded total global… Continue reading @Hyundai: Kia announces January 2022 global sales results

In Ford’s transition to EVs, cost-cutting takes center stage

Ford has made cost-cutting a key piece of its EV strategy as the company works to improve profit margins while meeting what CEO Jim Farley has called “incredible demand” of its new electric vehicle models. During the company’s fourth-quarter and full-year earnings call on Thursday, Farley said Ford has set up a task force dedicated to… Continue reading In Ford’s transition to EVs, cost-cutting takes center stage

An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?

By Ashwin ShankarIt is now clear that the future of mobility in India over the next decade is going to be defined by the electrification of personal, public and commercial transport. The sales of EVs over the last year seem to indicate this as there is over 5x growth in the annual sales of electric… Continue reading An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?

Lightning eMotors enters into agreement with GM to electrify Class 3 to 6 commercial vehicle platforms

Lightning eMotors, a specialist in purpose-built commercial EVs and electric conversions, has announced a new agreement with General Motors (GM). Under the terms of the new agreement, Lightning eMotors becomes the first GM Specialty Vehicle Manufacturer (SVM) to develop 100% electric Class 3 through 6 commercial vehicles. Lightning eMotors ($ZEV) is a Colorado-based auto manufacturer specializing in… Continue reading Lightning eMotors enters into agreement with GM to electrify Class 3 to 6 commercial vehicle platforms

Ford starts 2022 with its highest EV sales numbers to date

If the bonkers preorder numbers for both the hybrid Maverick and the EV F-150 Lightning weren’t enough of an indication, Ford’s Q4 earnings results are plenty proof that the company’s electrification efforts are already paying dividends.  “Financial performance is obviously critical,” President and CEO Jim Farley said in a release Thursday. “We’re also proud that… Continue reading Ford starts 2022 with its highest EV sales numbers to date

@Ford: Strategic Progress of Ford+ Growth Plan, Solid Financials in ’21 Position Company for Connected EV Leadership in 2022, Beyond

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams.  The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Strategic Progress of Ford+ Growth Plan, Solid Financials in ’21 Position Company for Connected EV Leadership in 2022, Beyond

GM Ventures invests in startup building fast charge-capable battery tech

Soelect, a battery technology startup based in North Carolina, has closed an $11 million Series A round. It plans to use the fresh capital to scale its fast charge-capable anode technologies that might enable the next generation of batteries for electric vehicles. Alongside lead investor Lotte Chemical and investment company KTB Network, General Motors’ corporate… Continue reading GM Ventures invests in startup building fast charge-capable battery tech

Tesla updates Supercharger map with many new upcoming stations and timelines

Tesla has released an updated version of its Supercharger map with many new upcoming stations added and updated timelines for expected completion. The automaker aims to triple the size of its Supercharger network. Every year, Tesla releases an updated version of its Supercharger map on its ‘find us‘ page. With those updates, the automaker adds… Continue reading Tesla updates Supercharger map with many new upcoming stations and timelines