Israel-based REE Automotive, which recently announced its merger with 10X Capital Venture Acquisition to go public, has announced setting up of a new state-of-the-art Engineering Centre of Excellence in MIRA Technology Park in the UK. The new centre will expedite REE’s strategic plans to meet anticipated global demand for its REEcorner and electric vehicle (EV)… Continue reading REE Automotive to set up engineering centre at UK’s MIRA Technology Park
Category: Automotive
Autoliv Announces New Inflator Manufacturing Plant in India
BANGALORE, India, Feb. 16, 2021 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announced its plan to build a new inflator manufacturing plant in India, focused toward supporting its strong Indian market position. This is the latest development in Autoliv’s long commitment to the Indian market through… Continue reading Autoliv Announces New Inflator Manufacturing Plant in India
Electric car battery plant plan for airport
Go to Source
Ampere Electric to invest Rs 700 crore in new EV plant in Tamil Nadu
The state of Tamil Nadu is on a roll when it comes to investment in electric mobility. Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton, is the latest to do so. The company has announced a phased investment of Rs 700 crore over 10 years to set up a world-class electric mobility manufacturing… Continue reading Ampere Electric to invest Rs 700 crore in new EV plant in Tamil Nadu
@BMW: THE KOA PHANTOM – A RARE COMMISSION OF TRUE LUXURY000902
First ever Bespoke Koa Wood Phantom Extended Naturally harvested Koa Wood sourced from rare private collection in Hawaii Bespoke Commission inspired by family Koa Wood rocking chair Exterior hue colour-matched to rare 1934 heritage car The Koa Phantom is the fifth Rolls-Royce to join The JBS Collection of Jack Boyd Smith, Jr. in Elkhart, Indiana… Continue reading @BMW: THE KOA PHANTOM – A RARE COMMISSION OF TRUE LUXURY000902
Coventry to seek planning permission for electric car battery ‘gigafactory’
Coventry city council intends to secure pre-emptive planning permission for a “gigafactory” beside the city’s airport to make electric car batteries, in the latest effort by UK authorities to attract investment. The government has identified investment in battery factories as a key goal to keep automotive jobs as the sector moves away from the internal… Continue reading Coventry to seek planning permission for electric car battery ‘gigafactory’
@Geely: Tue 16 Feb 2021The Lotus E-R9: next-generation EV endurance racer showcases innovation in powertrains and aerodynamicsLotus has unveiled the E-R9, a d…
(Hethel, UK – 16 February 2021) – Lotus has unveiled the E-R9, a dramatic new design study for a next-generation pure electric endurance racer that could be on the starting grid of circuits around the world for the 2030 season. Finished in striking black and gold – a clear nod to Lotus’ pioneering motorsport heritage… Continue reading @Geely: Tue 16 Feb 2021The Lotus E-R9: next-generation EV endurance racer showcases innovation in powertrains and aerodynamicsLotus has unveiled the E-R9, a d…
Going public may boost Grab, Gojek valuations by billions
Going public could drive up valuations for Grab, Gojek, and Tokopedia by almost US$24 billion. We run the numbers to show how this is possible. Go to Source
Hyundai Motor Company Decides to Replace Batteries of 77,000 Units of KONA Electric
Hyundai Motor Company has decided to replace batteries of all “KONA Electric” that has caused a great pain on the company due to a string of fires involving the vehicle. The cost alone will be over $907 million (1 trillion KRW). Although it still needs to coordinate with LG Energy Solution on how they are… Continue reading Hyundai Motor Company Decides to Replace Batteries of 77,000 Units of KONA Electric
Ford stops F-150, Transit Van production at Kansas City Assembly plant due to gas shortage
Ford Motor Co. is shutting down production of its highly profitable 2021 F-150 pickup trucks and Transit Vans for a full week in Missouri, the company confirmed Monday. “Due to unseasonably cold temperatures in the midsection of the United States, Ford was warned that the availability of natural gas could be restricted in the Kansas City area… Continue reading Ford stops F-150, Transit Van production at Kansas City Assembly plant due to gas shortage