“Lucid aspires to be a catalyst for change wherever we go, so it makes perfect sense that we are bringing electric vehicles to one of the world’s biggest oil producing nations. Establishing a global manufacturing footprint is a practical, natural step and enables us to grow our brand, scale our business, and address worldwide and… Continue reading Electric Vehicle Manufacturer Lucid Group Gearing Up for First International Plant in Saudi Arabia After Signing Agreements with Multiple Agencies
Category: Newswire
Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030
Hyundai Motor CEO Jaehoon Chang unveiled the company’s electrification roadmap and strategies at the 2022 CEO Investor Day forum today Hyundai targets to sell 1.87 million BEVs annually by 2030 by strengthening line-up ⋯ To introduce 17 new BEV models by 2030; 11 for Hyundai models and six for Genesis luxury brand To strengthen competitiveness… Continue reading Hyundai Motor Accelerates Electrification Strategy, Targeting 7% of Global EV Market by 2030
ALYI Looks To Expand EV Sales By Accepting Cryptocurrency
DALLAS, March 1, 2022 /PRNewswire/ — Alternet Systems, Inc.’s (USOTC: ALYI) together with Revolt Token Corporation (RVLT) today announced ALYI will accept RVLT in exchange for the purchase of ALYI electric motorcycle taxis in a managed commercial purchase program. RVLT can be purchased in exchange for cash or another cryptocurrency. In turn, RVLT can be exchanged… Continue reading ALYI Looks To Expand EV Sales By Accepting Cryptocurrency
Kongsberg Automotive completes the sale of Interior Comfort Systems business unit to Lear Corporation
Zurich, February 28, 2022: Kongsberg Automotive (KA) has completed the sale of its Interior Comfort Systems (ICS) business unit to Lear Corporation (‘Lear’), following the approval by the European Commission on February 25, 2022. The ICS business unit supplies seat climate and comfort systems to major car and seat manufacturers. Lear and KA entered into… Continue reading Kongsberg Automotive completes the sale of Interior Comfort Systems business unit to Lear Corporation
Jeep® Brand Reveals Image of First-ever Fully Electric Jeep SUV
AUBURN HILLS, Mich., March 1, 2022 /PRNewswire/ — Today, during Stellantis’ Dare Forward 2030 strategic plan presentation, Carlos Tavares, chief executive officer (CEO) of Stellantis, revealed images of the first-ever 100% battery-electric Jeep® SUV, as the brand continues its global initiatives toward the full electrification of its SUV portfolio. This new fully electric Jeep vehicle will… Continue reading Jeep® Brand Reveals Image of First-ever Fully Electric Jeep SUV
ONE Raises Additional $65M to Expand R&D, Planning US Battery Factory
“This most recent investment accelerates the timeline for ONE’s GeminiTM battery technology following our recent 752-mile range demonstration. We are excited to have BMW i Ventures lead this round and we are thrilled to welcome Coatue Management and their support as we raise the capital required to build a U.S. cell factory that supports Aries… Continue reading ONE Raises Additional $65M to Expand R&D, Planning US Battery Factory
Hyundai Motor America Reports Record-Breaking Retail February 2022 Sales
Hyundai Motor America Reports Record-Breaking Retail February 2022 Sales Tweet this “Our recent marketing efforts with Tucson and IONIQ 5 have worked well to generate awareness in competitive segments,” said Randy Parker, senior vice president, national sales, Hyundai Motor America. “Shoppers are recognizing our award-winning SUV line-up and we intend to keep the momentum and… Continue reading Hyundai Motor America Reports Record-Breaking Retail February 2022 Sales
Valmet Automotive’s operations are CO2 neutral since beginning of 2022
Valmet Automotive Group is confirmed by the international classification society DNV to be CO2 neutral in its operations since January 1, 2022. Carbon neutrality is a strategic goal of Valmet Automotive, and the company has significantly reduced emissions from its operations in recent years. Valmet Automotive is a leading player in the automotive industry in climate… Continue reading Valmet Automotive’s operations are CO2 neutral since beginning of 2022
Workhorse and GreenPower Sign Supply Agreement for Delivery of 1,500 GreenPower EV Star Cab and Chassis for Workhorse W750 Step Vans
CINCINNATI and VANCOUVER, BC, March 1, 2022 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse”), an American technology company focused on providing sustainable and cost-effective electric vehicles to the last-mile delivery sector, and GreenPower Motor Company Inc. (NASDAQ: GP, TSXV: GPV) (“GreenPower”), a leading manufacturer and distributor of zero-emission electric-powered vehicles serving the cargo and delivery, shuttle,… Continue reading Workhorse and GreenPower Sign Supply Agreement for Delivery of 1,500 GreenPower EV Star Cab and Chassis for Workhorse W750 Step Vans
Henniges Automotive and Guizhou Guihang Automotive Components Form Strategic Joint Venture
AUBURN HILLS, Mich., March 1, 2022 /PRNewswire/ — Henniges Automotive Holdings, Inc., a leading supplier of highly engineered sealing systems for the global automotive market, today announced it has formed a strategic joint venture with Guizhou Guihang Automotive Components Co., Ltd., a manufacturer of automobile components in the China market. This strategic joint venture will… Continue reading Henniges Automotive and Guizhou Guihang Automotive Components Form Strategic Joint Venture