Category: US Motoring Press

Hyundai to set up ICE and EV manufacturing plant in Saudi Arabia  

The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.  PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Hyundai will also act as a strategic technology… Continue reading Hyundai to set up ICE and EV manufacturing plant in Saudi Arabia  

Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

Suzuki Motor Corporation has invested in Canada-based Inmotive Inc through Suzuki’s corporate venture capital fund, Suzuki Global Ventures. In December 2022, Suzuki and Inmotive tied up for joint development of a two-speed EV transmission, and have since been working together for its development for use in a future Suzuki electric vehicle. The two companies believe… Continue reading Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

Suzuki Motor Corporation has invested in Canada-based Inmotive Inc through Suzuki’s corporate venture capital fund, Suzuki Global Ventures. In December 2022, Suzuki and Inmotive tied up for joint development of a two-speed EV transmission, and have since been working together for its development for use in a future Suzuki electric vehicle. The two companies believe… Continue reading Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week

Jim Farley, CEO, Ford, left, and Mary Barra, CEO, General Motors Reuters; General Motors DETROIT — Ready for a tightrope walk? General Motors and Ford Motor report third-quarter earnings and future guidance this week amid ongoing strikes and contract negotiations with the United Auto Workers union. And it’s a difficult balance. If the automakers are… Continue reading GM and Ford will answer to Wall Street and the UAW with third-quarter earnings this week

EVs get designer touches

It’s no secret that automotive shows are great places to get captive audiences when it comes to showcasing production models and futuristic concept ideas, be it design or technologies or both. The IAA Mobility 2023 event in Munich, Germany, served as the perfect platform for domestic and international brands to highlight their respective products and… Continue reading EVs get designer touches

EVs get designer touches

It’s no secret that automotive shows are great places to get captive audiences when it comes to showcasing production models and futuristic concept ideas, be it design or technologies or both. The IAA Mobility 2023 event in Munich, Germany, served as the perfect platform for domestic and international brands to highlight their respective products and… Continue reading EVs get designer touches

EVs get designer touches

It’s no secret that automotive shows are great places to get captive audiences when it comes to showcasing production models and futuristic concept ideas, be it design or technologies or both. The IAA Mobility 2023 event in Munich, Germany, served as the perfect platform for domestic and international brands to highlight their respective products and… Continue reading EVs get designer touches

Delhi Cabinet gives nod to extend Delhi’s EV policy till December 31:ANI

The Delhi cabinet today gave approval to extend the existing Delhi EV policy till December 31, 2023, or the notification of Policy 2.0. whichever is earlier, ANI reported.  All incentives including subsidies under the existing policy will also continue in this extension period.  “It is to inform that the two Aggregator schemes namely Delhi Motor… Continue reading Delhi Cabinet gives nod to extend Delhi’s EV policy till December 31:ANI