Ford Motor Co.’s saw its U.S. sales slide in November, but it notched a significant milestone in its electrification strategy: it became the No. 2 brand and manufacturer in electric-vehicle sales behind industry leader Tesla Inc. The Dearborn automaker sold 146,364 new vehicles last month, down 7.8% from November 2021. Truck sales of 81,210 units… Continue reading Ford sales down in November but automaker hits EV milestone
Category: Automotive
Stellantis, French firm form partnership to make gas commercial vehicles electric
Stellantis NV is partnering with a French retrofit company to develop a proof of concept to convert internal combustion engine commercial vehicles to an electric drivetrain without loss of capabilities, the companies said Friday. If successful, Stellantis and Qinomic hope to commercialize the product starting in France in 2024. The effort is part of Stellantis’… Continue reading Stellantis, French firm form partnership to make gas commercial vehicles electric
GM, LG investing $275 million to increase Tennessee battery plant capacity
General Motors Co. and LG Energy Solution are investing $275 million at their Tennessee Ultium Cells LLC joint-venture battery plant to increase cell production there when it opens in late 2023, the company announced Friday. Leaders from both companies made the Spring Hill expansion announcement in Nashville with Tennessee Gov. Bill Lee. The additional investment… Continue reading GM, LG investing $275 million to increase Tennessee battery plant capacity
Dealers “adept at navigating challenges” as sales increase
Dealers have seen a 4.4% increase in enquiries and a 20% increase in sales against the same month last year. The data from iTrackLEADS also shows a 16% increase in test drives. Despite supply issues, handovers rose 46%. Adrian Favill, director of iTrackLEADS, said: “It is heartening to see the data point toward a positive… Continue reading Dealers “adept at navigating challenges” as sales increase
SIGMA LITHIUM ANNOUNCES PARTICIPATION IN LEADING WALL STREET CONFERENCES IN DECEMBER
VANCOUVER, BC, Dec. 2, 2022 /PRNewswire/ — SIGMA Lithium Corporation (“Sigma Lithium” or the “Company”) (NASDAQ: SGML, TSXV: SGML), dedicated to powering the next generation of electric vehicles with high-purity, environmentally and socially sustainable lithium is pleased to announce that its senior finance team, led by Ana Cabral-Gardner, Co-CEO and Co-Chairman will be participating in-person at… Continue reading SIGMA LITHIUM ANNOUNCES PARTICIPATION IN LEADING WALL STREET CONFERENCES IN DECEMBER
Automotive Semiconductor Global Market to Reach $72.52 Billion by 2026 with an 11% CAGR
DUBLIN, Dec. 2, 2022 /PRNewswire/ — The “Automotive Semiconductor Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global automotive semiconductor market is expected to grow from $41.84 billion in 2021 to $47.71 billion in 2022 at a compound annual growth rate (CAGR) of 14.0%. The automotive semiconductor market is expected to reach… Continue reading Automotive Semiconductor Global Market to Reach $72.52 Billion by 2026 with an 11% CAGR
@VW Group: Automobili Lamborghini and Rhude Release Teaser Collaboration006244
Capsule collection feted during Art Basel Miami Sant’Agata Bolognese/Miami, FL, 2 December 2022 – Automobili Lamborghini and Rhude proudly announce the release of a new collaboration designed in honor of the first all-terrain super sports car, the Lamborghini Huracán Sterrato[1]. Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini along with Rhude’s Founder and Creative Director,… Continue reading @VW Group: Automobili Lamborghini and Rhude Release Teaser Collaboration006244
@VW Group: The new ID.3 is ready and raring to go006244
Volkswagen will be unveiling the new ID.3 to the public this coming spring. The second-generation ID.3 is set to be the latest chapter in the ID. family success story: To date, more than half a million ID. models – built on the basis of the modular electric drive matrix (MEB) – have been delivered to… Continue reading @VW Group: The new ID.3 is ready and raring to go006244
@VW Group: Hat-trick for ŠKODA: ENYAQ COUPÉ RS iV named ‘Switzerland’s Favourite Car 2023’006244
This is the twelfth time the magazines ‘Schweizer Illustrierte’, ‘Blick’, ‘L’Illustré’, ‘La Domenica’ and ‘SonntagsBlick’ have teamed up with online portal ‘AutoScout24’ to organise the ‘Swiss Car of the Year’. In the ‘Public Choice’ category, more than 28,000 readers and online users took part in the poll for ‘Switzerland’s Favourite Car’. Receiving 6.8% of the… Continue reading @VW Group: Hat-trick for ŠKODA: ENYAQ COUPÉ RS iV named ‘Switzerland’s Favourite Car 2023’006244
@VW Group: Porsche joins UN Global Compact006246
© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Porsche joins UN Global Compact006246