Stellantis, Samsung SDI will team to build a second EV battery plant in United States

Stellantis NV’s third battery manufacturing plant in North America will be built with Korean battery partner Samsung SDI in the United States, the companies said Monday. The exact location of the second plant under the existing StarPlus Energy joint venture wasn’t disclosed with the announcement of a signed memorandum of understanding, whose execution is subject… Continue reading Stellantis, Samsung SDI will team to build a second EV battery plant in United States

Unplugged: Slow EV sales at odds with automakers’ electric ambitions

This content is only available to subscribers. Get unlimited digital access. $1 for the rest of the year. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics… Continue reading Unplugged: Slow EV sales at odds with automakers’ electric ambitions

Mercedes to unveil entry-level EV concept at Munich motor show

Mercedes will preview a future entry-level model with a new concept car at this year’s Munich motor show in early September. Autocar understands the new concept will preview a follow-up to the new CLA, which has recently been spotted testing ahead of its arrival in 2025 with in-house-developed electric and mild-hybrid petrol drivetrains.  Mercedes-Benz has committed to… Continue reading Mercedes to unveil entry-level EV concept at Munich motor show

London mayor ‘listening’ as calls grow to scrap ULEZ expansion

London mayor Sadiq Khan is said to be in “constructive listening mode” as his plan to expand the city’s Ultra Low Emission Zone (ULEZ) comes under increasing scrutiny.  Under a plan tabled last year, the ULEZ will be dramatically expanded from 29 August, with the M25 orbital road subsequently forming the rough boundary.  A daily £12.50 non-compliance… Continue reading London mayor ‘listening’ as calls grow to scrap ULEZ expansion

Lexus LM luxury MPV receives £112,995 range-topper in the UK

The new Lexus LM will become one of the brand’s most expensive models ever when it arrives in the UK in November, bringing a range-topping variant priced from £112,995. The LM (for ‘Luxury Mover’) is designed to provide a comfortable and luxurious experience for chauffeur-driven executives who don’t want a SUV or saloon. It’s based on Toyota’s GA-K… Continue reading Lexus LM luxury MPV receives £112,995 range-topper in the UK

Prime minister casts doubt on 2030 combustion car ban

READ MORE: JLR owner to build £4bn battery factory in UK by 2026 UK sales ban remains government’s commitment Following the comments, which seemed to leave the door open for a policy change, the prime minister’s official spokesman was asked to give a cast-iron commitment that the ban would be implemented in 2030. He told… Continue reading Prime minister casts doubt on 2030 combustion car ban

Alfa Romeo: Name revealed for 206mph V6 supercar

It is expected to use a derivative of the Giulia Quadrifoglio’s twin-turbocharged 2.9-litre V6, no doubt boosted to give more than the usual 520bhp.  Imparato also said the 33 wouldn’t just be a track car, but one that could still be driven every day, despite its likely price and positioning. “It could be iconic, super-sexy and recognisable as an… Continue reading Alfa Romeo: Name revealed for 206mph V6 supercar

Mobec Innovations looking to raise US $ 2-3 million in seed funding by Q4 FY24

Noida-based Mobec Innovations, which offers mobile electric vehicle charging solutions, is looking to raise US$ 2-3 million in seed funding, by Q4 FY24, the company’s Founder and CEO Harry Bajaj informed Autocar Professional. Bajaj, who founded the mobile EV charging solutions company to address issues of range anxiety, has a revenue projection of over Rs 1… Continue reading Mobec Innovations looking to raise US $ 2-3 million in seed funding by Q4 FY24

PMI inks MoU with REC for Rs 480 crore

Electric commercial vehicle manufacturer, PMI Electro Mobility, has signed a Memorandum of Understanding (MoU) with REC Limited (formerly Rural Electrification Corporation), a public-sector enterprise and a pioneer in providing financial assistance for power sector development. The signing ceremony took place during the “Green Finance” Summit organised by REC Limited on the side-lines of the Clean… Continue reading PMI inks MoU with REC for Rs 480 crore

PMI inks MoU with REC for Rs 480 crore

Electric commercial vehicle manufacturer, PMI Electro Mobility, has signed a Memorandum of Understanding (MoU) with REC Limited (formerly Rural Electrification Corporation), a public-sector enterprise and a pioneer in providing financial assistance for power sector development. The signing ceremony took place during the “Green Finance” Summit organised by REC Limited on the side-lines of the Clean… Continue reading PMI inks MoU with REC for Rs 480 crore