Jeep maker Stellantis NV and a South Korean battery manufacturer will invest at least $2.5 billion for an electric-vehicle battery plant in Kokomo, Indiana, creating 1,400 jobs, the companies said on Tuesday. The facility being made in a joint venture with Samsung SDI will have an initial annual production capacity of 23 gigawatt hours, though the companies… Continue reading Stellantis, Samsung SDI will invest $2.5 billion for battery plant in Indiana
Category: US Motoring Press
Best British modern classic cars
If you’re looking for a modern classic from Britain, then you’re pretty well-catered for. We managed to find mid-engined sports cars, luxury limousines, practical hatchbacks and off-roaders which could all prove to be a savvy investment for years to come. Investing in a modern classic isn’t just for the wealthy either. We’ve included a wide variety… Continue reading Best British modern classic cars
New Volkswagen Golf R 20 Years is most powerful production Golf
The new Volkswagen Golf R 20 Years is the most powerful version of the Golf ever put into production. As the name suggests, it has been built to celebrate 20 years of Volkswagen‘s R performance division, which first turned its hand to the fourth-generation Volkswagen Golf to create the 3.2-litre V6-engined, four-wheel-drive Golf R32 hot… Continue reading New Volkswagen Golf R 20 Years is most powerful production Golf
BMW M3 and BMW M4 gain limited Jahre Edition models
The BMW M3 and BMW M4 have gained special editions to celebrate 50 years of BMW M, the manufacturer’s performance division. The Jahre BMW M Edition models feature bespoke design features and “individually selectable equipment options”, so each driver can create a unique version of the car. Of the two cars, only the BMW M4 Jahre Edition… Continue reading BMW M3 and BMW M4 gain limited Jahre Edition models
Continental launches new sensors to protect EV batteries
Continental is launching two new sensors for electrified vehicles, the Current Sensor Module (CSM) and the Battery Impact Detection (BID) system. Both new solutions focus on protecting the battery and/or on battery parameter retention. Within 2022, Continental will begin to manufacture the all-new high-voltage Current Sensor Module (CSM). This compact modular sensor design measures the… Continue reading Continental launches new sensors to protect EV batteries
Volvo trucks to incorporate SSAB’s fossil-free steel
A year after Volvo Cars teamed up with Swedish steel maker SSAB to jointly explore the development of fossil-free, high-quality steel, Volvo Trucks, will become the world’s first truck manufacturer to use fossil-free steel in its trucks. SSAB, a Sweden based steel company will be producing and providing the steel for Volvo’s heavy duty electric trucks along with… Continue reading Volvo trucks to incorporate SSAB’s fossil-free steel
Toyota cuts global production
Toyota Motor Corporation said it has cut its production plan by “tens of thousands of units” globally from the number provided to its suppliers at the beginning of 2021. In a statement on its website, the company said: We at Toyota would like to again apologise for the repeated adjustments to our production plans due… Continue reading Toyota cuts global production
MPs call for UK government to do more on soaring fuel costs
In late March, chancellor Rishi Sunak announced a 5p-per-litre cut in fuel duty, to last 12 months, in an effort to reduce prices at the pumps. But the measure has been widely condemned as a failure, having not compensated for sustained price increases as a result of the war in Ukraine and other external factors. In… Continue reading MPs call for UK government to do more on soaring fuel costs
Inside the industry: Will the agency sales model succeed?
Sometimes a buzzword is so ubiquitous that it’s easy to assume its subject will succeed, and today ‘agency model’ is one such example. Referring to the transition from retailers handling car sales to car makers doing so – paying retailers a handling fee rather than commission – it is, in its most boiled-down form, driven… Continue reading Inside the industry: Will the agency sales model succeed?
MoEVing bullish on multi-modal EV charging
MoEVing which recently inaugurated its first multi modal electric vehicle charging space in Yeshwanthpur, a Bengaluru suburb, has outlined plans to build several more multi modal charging stations across India to ensure seamless fleet operations. Its latest outlet in Bengaluru is spread across 12,000 square feet and has high volume electric vehicle (EV) charging points,… Continue reading MoEVing bullish on multi-modal EV charging