General Motors will build a new factory in North America as part of an upcoming joint venture with a South Korean chemical manufacturer. GM said Wednesday it signed a “non-binding term sheet” to create a joint venture with POSCO Chemical. The automaker expects to execute definitive agreements soon, likely by the first quarter of next year, said Doug Parks, GM’s executive… Continue reading GM to build a new factory in North America in new joint venture in EVs
Category: US Motoring Press
Stellantis CEO to regulators: ‘Let the automotive industry’ do its job
The CEO of the maker of Jeeps SUVs and Ram pickup trucks said Wednesday automakers are in the highest of high-speed modes in their shift toward electrification and regulators should focus their efforts on the energy industry and building out charging infrastructure. Accelerated electrification goals could lead to job losses, Stellantis NV CEO Carlos Tavares said.… Continue reading Stellantis CEO to regulators: ‘Let the automotive industry’ do its job
Thomas Schafer: ‘India 2.5 is an initial idea but maybe it has a 3.0 and a 4.0’
On October 14, the Volkswagen Group gave Skoda Auto full charge for developing the Group’s existing MQB-A0 Global Platform. The move comes on the heels of Skoda’s specially adapted MQB-A0-IN platform for the Indian market. Skoda is drawing on its high level of development expertise, ability to coordinate complex Group projects and experience in entry-level… Continue reading Thomas Schafer: ‘India 2.5 is an initial idea but maybe it has a 3.0 and a 4.0’
Mercedes-Benz partners Factorial Energy to develop solid-state battery tech
L-R: Markus Schafer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG and Siyu Huang, co-founder and CEO of Factorial Energy. En route towards a fully electric future, Mercedes-Benz is joining forces with US-based Factorial Energy to jointly develop next-generation battery technology with the aim of testing prototype cells as early as… Continue reading Mercedes-Benz partners Factorial Energy to develop solid-state battery tech
Pininfarina reveals Foxconn’s 750hp Model E with 750km range at Hong Kong MotorXpo
Italian styling studio Pininfarina has taken the covers off its new creation, the electric Model E sedan sedan for Hai Technology Group (Foxconn), at the International MotorXpo Hong Kong (IMXHK) 2021. Foxconn is a global leader in smart manufacturing and is diversifying into electric vehicles.The Model E will be on display from December 1-5 in… Continue reading Pininfarina reveals Foxconn’s 750hp Model E with 750km range at Hong Kong MotorXpo
Nissan investing $17.6 billion in EV, battery development
Tokyo — Nissan said Monday it is investing $17.6 billion (2 trillion yen) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup. The Japanese automaker’s chief executive, Makoto Uchida, said 15 new electric vehicles will be available by fiscal 2030. Nissan Motor Co. is aiming for a 50%… Continue reading Nissan investing $17.6 billion in EV, battery development
Ather Energy plans second plant to be ready for 2022
Ather Energy has commissioned its second manufacturing facility in Hosur which is going to be ready by 2022. The company plans to manufacture 400,000 units per annum while the current capacity is at 120,000 units. Ather, had earlier this year, set up its first plant in Hosur. Tarun Mehta, Co-Founder and CEO, Ather Energy said, “Customers… Continue reading Ather Energy plans second plant to be ready for 2022
TVR partners with green lithium firm for future electric cars
TVR has announced a partnership with a lithium mining company to help fund production of its long-awaited Griffith sports car, as well as securing battery supply for future electric car projects. The revived British carmaker has signed a “funding and technology partnership” agreement with Ensorcia Metals Corporation, a company that specialises in environmentally efficient lithium… Continue reading TVR partners with green lithium firm for future electric cars
Inside the industry: does new UK legislation ignore in-car tech?
Perhaps you, like me, were surprised when the government announced plans to tighten the use of phones while driving last month. From next year, anyone caught holding a phone to take photos, pick music or play a game while driving faces a £200 fine and six points on their licence. Previously, police had to prove… Continue reading Inside the industry: does new UK legislation ignore in-car tech?
Volvo XC90 to offer EV version, new look and tech-led cabin
Unlike the vast majority of mixed-powertrain platforms currently on the market, the SPA2 will be offered in two distinct forms. This will allow the electric XC90 successor to benefit from a completely flat floor, shortened overhangs and a more overtly cabforward stance, whereas the combustion-engined versions will have slightly more familiar interior proportions, given the… Continue reading Volvo XC90 to offer EV version, new look and tech-led cabin