Nio co-founder William Li poses inside a Nio EC7 at the Shanghai auto show on April 19, 2023. Hector Retamal | Afp | Getty Images BEIJING — Chinese electric car brand Nio said Monday it is cutting prices for its cars by the equivalent of $4,200 effective immediately, and ending free battery swaps for new… Continue reading Nio cuts prices for its cars — and delays business expansion plans
Category: US Motoring Press
Tesla chargers win more backers as its plug becomes American standard
Tesla’s charging technology won more backers as a handful of players in the electric-vehicle power industry said they would offer compatible equipment, further solidifying the automaker’s system as the U.S. standard. ChargePoint, Blink Charging and Wallbox each said Monday they will have chargers capable of working with Tesla Inc.’s North American Charging Standard, which is… Continue reading Tesla chargers win more backers as its plug becomes American standard
EVs are offering foreign automakers a second chance in India
This content is only available to subscribers. Get unlimited digital access. $1 a week for the first 52 weeks. 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… Continue reading EVs are offering foreign automakers a second chance in India
GM to invest $632 million at its Fort Wayne, Indiana, truck plant
General Motors Co. plans to invest $632 million at its Fort Wayne Assembly Plant for production of the next-generation internal combustion engine light-duty trucks, the company said Monday. The Fort Wayne announcement comes after GM made investments at its heavy-duty truck plant in Flint, the full-size SUV plant in Arlington, Texas, and another truck plant… Continue reading GM to invest $632 million at its Fort Wayne, Indiana, truck plant
JLR targets Rs 3 lakh in turnover by FY26 and 10% EBIT margin
Tata Motors owned Jaguar Land Rover aims to cross Rs 3 lakh crore or £30 billion in turnover by FY26 in the next three years eyeing a 30% growth in revenues – as part of its mid-term ‘Reimagine Strategy’. The new plan which is focused on revenue and value over volumes at JLR, the company… Continue reading JLR targets Rs 3 lakh in turnover by FY26 and 10% EBIT margin
New Toyota C-HR to be unveiled 26 June
Toyota has given us our first official teaser of the new Toyota C-HR, with the popular crossover apparently retaining the angular and eye-catching design of the original model. We’ve already got a good idea as to how the second-generation C-HR will look, thanks to a series of spy imagery but also the C-HR Prologue model… Continue reading New Toyota C-HR to be unveiled 26 June
Hilo One smart e-scooter launches with AI tech
A new e-scooter has been launched by former Aston Martin and Nissan boss Andy Palmer. The Hilo One has been partly developed by Lotus Engineering and features AI technology to alert the rider and pedestrians to potential dangers. The Hilo One’s unique scooter design features a 12.5-inch front wheel that is said to aid stability… Continue reading Hilo One smart e-scooter launches with AI tech
Volvo’s estate car future in the balance: all-electric model considered
Volvo is considering whether it should commit to an all-electric estate car or face leaving the zero-emissions wagon market to rivals like Skoda and Volkswagen, the firm’s boss has admitted. The Swedish brand is launching a new model every year for the next five years, as it aims to make half of its sales EVs… Continue reading Volvo’s estate car future in the balance: all-electric model considered
Toyota GR H2 Racing Concept: track bred hydrogen hypercar revealed at Le Mans 2023
Toyota GR has revealed a hydrogen-powered endurance racer, called the GR H2 Racing Concept ahead of the 2023 Le Mans 24h race. The new concept race car arrives in the wake of the Automobile Club de l’Ouest (ACO) announcing that it would allow hydrogen-powered and hydrogen fuel cell electric vehicles to compete in the FIA… Continue reading Toyota GR H2 Racing Concept: track bred hydrogen hypercar revealed at Le Mans 2023
Fiat 600 crossover revealed as Italian firm’s Jeep Avenger rival
Fiat has revealed the electric successor to the 500X crossover – the Italian firm’s answer to the Jeep Avenger, which will go on sale later this year. Expected to use the e-CMP2 platform from parent firm Stellantis, the crossover is named the Fiat 600 and will share much of the Avenger’s underpinnings. The Fiat 600… Continue reading Fiat 600 crossover revealed as Italian firm’s Jeep Avenger rival