BERLIN, Nov 13 (Reuters) – German Economy Minister Peter Altmaier said on Wednesday that U.S. electric vehicle pioneer Tesla’s announcement that it will build its first European factory near Berlin was a result of Germany being renowned as a carmaking hub. “We take notice of this decision and we see it as recognition of Germany… Continue reading Tesla’s Berlin move reflects Germany’s carmaking prowess – minister
Tag: Manufacturing
Ford Introduces 5-Star Safety to its Electrified Vehicles as Explorer Plug-In Hybrid Gets Maximum Euro NCAP Rating
All-new Ford Explorer Plug-In Hybrid seven-seat SUV awarded maximum 5-star safety rating by Euro NCAP independent crash test authority Innovative, patented processes create components stronger than suspension bridge cables to protect occupants and battery. Collision-mitigation tech also commended by Euro NCAP Explorer Plug-In Hybrid delivers 48 km pure-electric city driving range and 457 PS EcoBoost… Continue reading Ford Introduces 5-Star Safety to its Electrified Vehicles as Explorer Plug-In Hybrid Gets Maximum Euro NCAP Rating
Tesla cites Brexit as Germany chosen over UK for European plant
Tesla US electric carmaker will build battery factory in Berlin, says boss Elon Musk Tesla’s Elon Musk says: ‘Everyone knows that German engineering is outstanding, for sure, and that’s part of the reason why we are locating our gigafactory Europe in Germany.’ Photograph: John Thys/AFP via Getty Images The Tesla boss, Elon Musk, has said… Continue reading Tesla cites Brexit as Germany chosen over UK for European plant
Continental Completes Purchase of Thermoplastic Specialist Merlett Group
Acquisition expands technological expertise and deepens specialist knowledge relating to design, processing and handling of thermoplastics for industrial hoses Combined product portfolio of rubber and thermoplastic hoses for agricultural, construction, transportation and food industries Andreas Gerstenberger, head of Industrial Fluid Solutions: “This is a major step forward to becoming a holistic supplier of systems and… Continue reading Continental Completes Purchase of Thermoplastic Specialist Merlett Group
Chinese Tesla challenger Xpeng raises $400M from investors including Xiaomi
Chinese electric vehicle (EV) maker, Xpeng Motors, announced it has raised $400 million in the latest round of financing, which included a new strategic investor — China’s budget smartphone brand Xiaomi. Local startup Xpeng, backed by Alibaba and Foxconn and seen as a rival to Tesla in China, will work with Xiaomi to develop technologies… Continue reading Chinese Tesla challenger Xpeng raises $400M from investors including Xiaomi
Tesla to focus on Model Y, batteries, and powertrains at Gigafactory 4 in Europe
Tesla is going to focus on Model Y production at its newly confirmed Gigiafactory 4 to be built in the Berlin area and they will also produce batteries and powertrains at the new European factory. As we reported yesterday, Elon Musk confirmed that Tesla is going to build Gigafactory 4 in the ‘Berlin area’. It… Continue reading Tesla to focus on Model Y, batteries, and powertrains at Gigafactory 4 in Europe
Workhorse Announces CFO Transition
Apple Co-Founder Gives Up On Self Driving Cars – Yahoo Finance
”The hurdles to battery electric vehicles and complete autonomous driving are still quite high,” Honda CEO Takahiro Hachigo recently said in an interview at Honda Motor Co.’s global headquarters. His company will focus on gasoline-electric hybrids, not full EVs, through 2030. As for fully autonomous vehicles, Honda will roll out incremental advances that offer real-world safety at… Continue reading Apple Co-Founder Gives Up On Self Driving Cars – Yahoo Finance
Lithium producers hit by first big downturn of electric vehicle era
LOS ANGELES (Reuters) – The burgeoning lithium industry, which produces the powerhouse metal used to make electric vehicle (EV) batteries, has entered its first major downturn, an unwelcome bruising for investors eager to help combat climate change. Albemarle Corp, Tianqi Lithium Corp and others have been producing more lithium than automakers need. Global supply exceeds… Continue reading Lithium producers hit by first big downturn of electric vehicle era
Hyundai Provides Teaser of its Ground-breaking SUV Concept for 2019 AutoMobility LA
“We pursue innovative solutions in design and add emotional value to our product experience through sensuous sportiness design language,” said SangYup Lee, Senior Vice President and Head of Hyundai Global Design Center. The SUV concept is powered by a plug-in hybrid powertrain indicating its eco-lifestyle focus and its inherent balance with the environment in which… Continue reading Hyundai Provides Teaser of its Ground-breaking SUV Concept for 2019 AutoMobility LA