Ford, GM juggle today’s challenges with tomorrow’s promises

DETROIT, Jan 28 (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) are expected to report next week they turned solid profits for the last quarter of 2021, but rarely has past performance mattered less to investors. The two Detroit automakers are in mid-leap between a combustion-powered present, and a future they have… Continue reading Ford, GM juggle today’s challenges with tomorrow’s promises

Kia’s EV6 is the new benchmark for affordable electric cars

We got our first good look at the EV6 last March and, nearly a year later, finally got to sit in it, drive it, and push every button in the cabin last week during a day-long press event in Northern California. It’s the first Kia vehicle to be produced under the company’s new Plan S… Continue reading Kia’s EV6 is the new benchmark for affordable electric cars

Toyota’s Glanza, Urban Cruiser clock 100,00 units

Toyota officials at the Glanza launch in 2019 Toyota Kirloskar recorded a significant new milestone with its Glanza and the Urban Cruiser, together clocking cumulative wholesales of over 100,000 units. Launched in June 2019 and September 2020 respectively, both the Glanza and the Urban Cruiser clocked 65,000 units and over 35,000 units in wholesales respectively.… Continue reading Toyota’s Glanza, Urban Cruiser clock 100,00 units

@niche: Lucid stock falls after rival Tesla warns about supply chain001603

Lucid shares fell as much as 14% on Thursday amid a selloff in electric vehicle stocks. The high-end EV maker is falling in sympathy with Tesla (TSLA) after the industry giant warned about supply-chain challenges.  Despite Tesla’s top and bottom line beat for its fourth quarter, investors are focused on product delays and parts constraints. … Continue reading @niche: Lucid stock falls after rival Tesla warns about supply chain001603

LG Ensol will produce batteries for 2.8 million electric vehicles yearly in the US

As LG Energy Solution and General Motors (GM) of the United States confirmed the construction of the third electric vehicle battery joint plant, and they have secured an annual 160GWh joint plant in the United States alone. With global automakers declaring the internalization of batteries one after another, LG Energy Solutionhas secured a solid future… Continue reading LG Ensol will produce batteries for 2.8 million electric vehicles yearly in the US

@Mazda: 000427

IRVINE, Calif. (Jan. 26, 2022) – Today, Mazda North American Operations (MNAO) President and CEO Jeff Guyton drives in the first 2023 Mazda CX-50 to roll off the Discovery Line at Mazda’s new Huntsville, Alabama plant. Mazda Toyota Manufacturing (MTM) is a $2.3 billion joint venture partnership between Mazda Motor Corporation and Toyota Motor Corporation.… Continue reading @Mazda: 000427