Rivian Automotive, an electric vehicle company that had an initial public offering last month, said on Thursday that it planned to spend $5 billion to build its second factory, in Georgia. The announcement, which came on the same day that Rivian said it lost $1.2 billion in the three months ending in September, was the… Continue reading Rivian, an E.V. maker with big ambitions but few sales, will build a new factory in Georgia.
Tag: Nissan
World NM: Electric car firm Canoo drops plans to manufacture vehicles in Born001676
The Canoo minibus won’t be built in Born. Photo: Canoo handout American electric car maker Canoo has pulled out of plans to build vehicles at the VDL Nedcar plant in Born, Limburg. Canoo chief executive Tony Aquila said in a statement on Wednesday that the company would rather invest in ‘creating American jobs and innovation’.… Continue reading World NM: Electric car firm Canoo drops plans to manufacture vehicles in Born001676
Ford Bronco didn’t get coveted crash safety awards: Where it fell short
The 2021 Ford Bronco performed well in most safety tests but failed to provide good protection in two key areas — against whiplash injuries and regarding headlight illumination, which is “inadequate” on curves, according to the U.S. Insurance Institute for Highway Safety. While the 4-door midsize SUV did earn a “good” rating in five out of six crashworthiness tests, it rated just “acceptable” in… Continue reading Ford Bronco didn’t get coveted crash safety awards: Where it fell short
Canoo & VDL Groep Explore Partnership that will Exclude VDL Nedcar
JUSTIN, Texas and EINDHOVEN, Netherlands, Dec. 15, 2021 /PRNewswire/ — Canoo Inc. (NASDAQ GOEV) and VDL Groep B.V. today announced that the two companies are exploring opportunities to partner together. “We appreciate the months of effort VDL Nedcar invested to provide us with a contract manufacturing option, but we have concluded that building in America is… Continue reading Canoo & VDL Groep Explore Partnership that will Exclude VDL Nedcar
Rivian to announce $5 billion electric truck plant in Georgia
Atlanta — Electric vehicle maker Rivian Automotive will announce Thursday that it’s building a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers, sources briefed on the decision told the Associated Press. Rivian, based in Irvine, California, is a startup manufacturer of electric trucks and commercial delivery vans, challenging… Continue reading Rivian to announce $5 billion electric truck plant in Georgia
Electric Vehicle Motor to Record 15.98% of Y-O-Y Growth Rate in 2021 | Continental AG – One of the Leading Companies launched a new loader tire, namely the CompactMaster EM in October 2021 | Technavio
NEW YORK, Dec. 14, 2021 /PRNewswire/ — Electric Vehicle Motor Facts at a Glance- Total Pages: 120 Companies: 10+ – Including Allied Motion Technologies Inc., Continental AG, DENSO Corp., Ford Motor Co., Hitachi Ltd., Nissan Motor Co. Ltd., Robert Bosch GmbH, Siemens AG, Toshiba Corp., and Valeo SA among others. Coverage: Key drivers, trends, and challenges; Product insights… Continue reading Electric Vehicle Motor to Record 15.98% of Y-O-Y Growth Rate in 2021 | Continental AG – One of the Leading Companies launched a new loader tire, namely the CompactMaster EM in October 2021 | Technavio
Toyota to plow $35 billion into accelerating electric car shift
Toyota Motor Corp. wants the world to know it’s serious about competing in the market for battery-based electric vehicles. The world’s biggest carmaker is planning to invest 4 trillion yen ($35.2 billion) to supercharge its EV push, with a target to sell 3.5 million units annually by the end of the decade, Chief Executive Officer… Continue reading Toyota to plow $35 billion into accelerating electric car shift
Nissan wins Car of the Year Japan for first time in a decade
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Toyota’s electric vehicle plans are getting bigger and more expensive
Toyota is ramping up its electric vehicle production schedule, vowing to release 30 electric vehicles by 2030 rather than just 15 EVs by 2025, as was previously promised. The Japanese automaker also vowed to sell 3.5 million battery EVs globally by 2030 and to transform Lexus into an EV-only brand by 2035. The company said… Continue reading Toyota’s electric vehicle plans are getting bigger and more expensive
Toyota Material Handling Announces CEO Retirement and Succession Plan
“On behalf of the entire Toyota family, we would like to thank Jeff for his leadership and impact during his 10 years with the company,” said Brett Wood, President and CEO of Toyota Material Handling North America and Senior Executive Officer of Toyota Industries Corporation (TICO). “Jeff led TMH through some of the largest, most transformational challenges… Continue reading Toyota Material Handling Announces CEO Retirement and Succession Plan