The billion-dollar fund infusion by TPG Rise Climate provided a big boost to the Tata Motors valuations and the stock. Not only did you see the stock locked in circuit but it also hit fresh 52-week highs and found a renewed buzz in the bourses. But the question is can you consider it as a… Continue reading EValuating Tata Motors’ electric bet
Category: US Motoring Press
Tata Motors losses expand on supply side concerns
Tata Motors losses have widened for the third consecutive quarter and the automotive bellwether has posted a consolidated loss of Rs 4,442 crore for in Q2FY2022 compared to a loss of Rs 314 crore in Q2FY2021. The net revenue however came in higher at Rs 61,379 crore, up 14.7 percent from Q2FY2021 revenue of Rs 53,530 crore.… Continue reading Tata Motors losses expand on supply side concerns
Opel Manta and Lancia Delta to lead Stellantis EV attack
The four EV platforms being developed by Stellantis will be used across all 14 of its brands, which also include Alfa Romeo, Citroën, DS, Fiat, Jeep, Lancia, Maserati and Peugeot. The economies of scale enabledby the platform sharing will allow each to rapidly expand its line-up, which will be of particular benefit to marques that… Continue reading Opel Manta and Lancia Delta to lead Stellantis EV attack
I drove a Ford Mustang Mach-E for 10 days — and it was incredible
This content is only available to subscribers. $1 for 6 Months Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at no additional… Continue reading I drove a Ford Mustang Mach-E for 10 days — and it was incredible
Ford promotes 308 workers to full time ahead of schedule at Flat Rock, Ohio Assembly
Ford has notified 308 UAW members who work in Michigan and Ohio that they will be “immediately” changed from temporary to full-time status, the Free Press has learned. Ahead of the schedule outlined by its negotiated labor contract, Ford will be promoting 79 workers at the Flat Rock Assembly Plant in Flat Rock that builds the… Continue reading Ford promotes 308 workers to full time ahead of schedule at Flat Rock, Ohio Assembly
Toyota to invest $461 million in Kentucky plant
Georgetown, Ky. — Toyota is investing $461 million into its first U.S. plant to add new technology, increase production flexibility and reduce its carbon footprint, the company said Friday in a statement. The announcement didn’t include new jobs at the central Kentucky facility, but officials said 1,400 temporary jobs would be converted into permanent positions… Continue reading Toyota to invest $461 million in Kentucky plant
Toyota rolling out new electric SUV for world’s top car markets
Toyota Motor Corp. is kicking off its first series of electric vehicles bound for the global market with a battery-powered SUV that the Japanese automaker says embodies the reliability and efficiency underpinning the Toyota brand. The “bZ4X,” which resembles Toyota’s popular RAV-4, is set for release in North America, Japan, China and Europe in mid-2022,… Continue reading Toyota rolling out new electric SUV for world’s top car markets
Battrixx launches dual power EV smart batteries
Battrixx, a wholly owned subsidiary of KabraExtrusiontechnik (KET) has launched its 4 kWh Dual Power electric vehicle smart batteries. The company says the smart battery packs are highly reliable, safe and robust for Indian drive conditions. The pack uses two 2kWh smart battery packs in parallel or series designed based on a patented European technology… Continue reading Battrixx launches dual power EV smart batteries
Lordstown Motors Will Work With Foxconn, a Contract Manufacturer
Lordstown Motors, a troubled electric truck maker, said on Thursday that it had reached an agreement in principle to work with Foxconn, a contract manufacturer best known for assembling Apple’s iPhone, to develop its electric vehicles and ultimately could sell its Ohio factory to the Taiwanese company. Lordstown said the sale of the factory could… Continue reading Lordstown Motors Will Work With Foxconn, a Contract Manufacturer
Ford Will Build 4 Factories in a Big Electric Vehicle Push
The truck plant is supposed to produce a new battery-powered F-Series pickup truck, following the previously announced F-150 Lightning, but Ford declined to disclose details about it. The two plants in Kentucky will be in Glendale, about 50 miles south of Louisville, and are expected to create 5,000 jobs, at a cost of $5.8 billion.… Continue reading Ford Will Build 4 Factories in a Big Electric Vehicle Push