Autocar India, sister magazine of Autocar Professional, has just published first pictures of the all-electric version of the SsangYong Tivoli (codename: E100) undergoing cold-weather testing in Sweden. It’s a significant catch because the SsangYong Tivoli electric is slated to be the first production model on the made-in-India MESMA or Mahindra Electric Scalable Modular Architecture. The… Continue reading Mahindra MESMA EV platform-based Ssangyong Tivoli snapped testing in Sweden
Tag: Manufacturing
Nidec Adds 2 New Traction Motor Systems: 10 Million Units Ordered
Nidec just unveiled two more traction motor systems: the 200 kW Ni200Ex and 50 kW Ni50Ex, based on the company’s original 150 kW E-Axle (fully integrated traction motor system with electric motor, reduction gearbox and inverter). The Ni200Ex (shown above) is envisioned for the D and E segments (large family cars and full-size/executive cars). It… Continue reading Nidec Adds 2 New Traction Motor Systems: 10 Million Units Ordered
All-Electric Porsche 718 Detailed By Motorsport Boss
Frank-Steffen Walliser is Porsche’s head of motorsport, and he alluded to the idea that the manufacturer is seriously considering a battery-powered 718. We already know of plans to launch an all-electric version of the Macan, but it’s the first time a high-ranking Porsche official goes on record to talk about what could end up being… Continue reading All-Electric Porsche 718 Detailed By Motorsport Boss
Tesla locks in stock surge with $2B offering at $767 per share
Tesla has priced its secondary common stock offering at $767, a 4.6% discount from Thursday’s share price close, according to a securities filing Friday. Tesla said in the filing it will sell 2.65 million shares at that discounted price to raise more than $2 billion. Lead underwriters Goldman Sachs and Morgan Stanley have the option… Continue reading Tesla locks in stock surge with $2B offering at $767 per share
Toyota’s Canadian chief argues climate goals not best solved by EVs
Larry Hutchinson, CEO of Toyota Canada, spoke last week at the opening of the 2020 Canadian International Auto Show in Toronto. His comments were captured by Driving.ca’s David Booth, who characterized Toyota as “the industry leader in electrification” and “the biggest, most successful, and most environmentally conscious traditional automaker.” Hutchinson expressed Toyota’s commitment to reducing… Continue reading Toyota’s Canadian chief argues climate goals not best solved by EVs
FCA to halt Serbia plant after coronavirus makes Chinese parts scarce
Daniele Lepido and Gordana Filipovic, Bloomberg Published 11:28 a.m. ET Feb. 14, 2020 | Updated 3:47 p.m. ET Feb. 14, 2020 Fiat Chrysler Automobiles NV will halt operations at its assembly plant in Serbia due to a lack of parts from China, as the coronavirus continues to affect production around the world. The stoppage will… Continue reading FCA to halt Serbia plant after coronavirus makes Chinese parts scarce
@VW Group: ŠKODA AUTO sets production record in Kvasiny
Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, pointed out, “In 2019, we invested heavily in the renovation of the Kvasiny site and, together, we started manufacturing the ŠKODA SUPERB iV. This milestone in the history of both the plant and the company, as well as the new production record of more than 320,000 vehicles,… Continue reading @VW Group: ŠKODA AUTO sets production record in Kvasiny
@VW Group: CASA SEAT is opening its doors on 23rd April
The inauguration will take place on Saint George’s Day, one of the most important dates in the cultural life of Barcelona CASA SEAT will promote debate on the mobility of the future and aims to be a reference point in the city agenda The building is the work of architect Carlos Ferrater and the interior… Continue reading @VW Group: CASA SEAT is opening its doors on 23rd April
Ford halts Puma deliveries due to airbag spring recall
Ford UK has confirmed that the new Puma crossover will be recalled, and deliveries have been halted, due to a potential airbag component problem. The Nissan Juke rival only went on sale late last year, with some buyers of the initially prioritised First Edition models taking delivery last month. However, Autocar obtained confirmation and a… Continue reading Ford halts Puma deliveries due to airbag spring recall
@Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
SHANGHAI, China, Feb. 14, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with two unaffiliated Asia-based investment funds (the “Purchasers”), pursuant to which NIO will issue and sell convertible notes in an aggregate… Continue reading @Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes