Toyota announces $5.6 billion investment in battery production in Japan, US

Toyota Motor Corporation  has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is on the rise. The company aims to begin battery production between 2024 and 2026 and the investment is aimed at enabling… Continue reading Toyota announces $5.6 billion investment in battery production in Japan, US

Skoda commits to investing 5.6 billion euros in electric mobility and 700 million euros in digitalization as part of its global makeover

Details of the multi-billion dollar global plan was revealed by Skoda CEO KLauss Zellmer to a global audience. During the presentation Zellmer also unveiled Skoda’s Vision 7S concept, a seven-seater crossover along with a commitment to invest 5.6 billion euros in electric mobility and 700 million euros in digitalization respectively over the next five years. These… Continue reading Skoda commits to investing 5.6 billion euros in electric mobility and 700 million euros in digitalization as part of its global makeover

@BMW: BMW Group commences in-house production of fuel cells for BMW iX5 Hydrogen in Munich.002220

Munich. On 31 August, Chairman of the Board of Management of BMW AG Oliver Zipse and Frank Weber, Member of the Board of Management of BMW AG responsible for Development, will come together to inaugurate fuel cell system production at the company’s competence centre for hydrogen in Munich. The reason for this occasion is the… Continue reading @BMW: BMW Group commences in-house production of fuel cells for BMW iX5 Hydrogen in Munich.002220

Global Passenger Vehicle OEMs’ Customer Service Channels Analysis Report 2022 – Service Segment Leaders and Standout OES Maintenance Offerings

DUBLIN, Aug. 31, 2022 /PRNewswire/ — The “Growth Opportunities from Benchmarking Global Passenger Vehicle OEMs’ Customer Service Channels” report has been added to ResearchAndMarkets.com’s offering. This report profiles, analyzes, and benchmarks conventional and electric OEMs by their OES channel service and maintenance offerings. The geographic scope is global. The base year is 2021; global sales reflect… Continue reading Global Passenger Vehicle OEMs’ Customer Service Channels Analysis Report 2022 – Service Segment Leaders and Standout OES Maintenance Offerings

Segway-Ninebot’s smart electric two-wheelers sales surpass 1 Million Units in 2 years

CHANGZHOU, China, Aug. 31, 2022 /PRNewswire/ — After completing 10 million units production of electric kickscooters this April, on August 29th, Segway-Ninebot celebrated another milestone event——selling out 1 million electric scooters/mopeds in China. “We manage to go from zero to 1 million units in only 2 years after we roll into electric two-wheeler market. We’ve kept… Continue reading Segway-Ninebot’s smart electric two-wheelers sales surpass 1 Million Units in 2 years

A group of Tesla owners claims to go on hunger strike for Elon Musk’s attention, but there’s more

A group of Tesla owners in Norway claims they are going on a hunger strike to get Elon Musk’s attention about a long series of problems they claim to have with their vehicles. However, it looks like there might be another motive. Elon Musk was just in Norway earlier this to attend an energy conference,… Continue reading A group of Tesla owners claims to go on hunger strike for Elon Musk’s attention, but there’s more

Toyota Announces $2.5 Billion Expansion of North Carolina Plant with 350 Additional Jobs and BEV Battery Capacity

Toyota’s global investment climbs up to $5.6 billion, supporting electrification efforts LIBERTY, N.C., Aug. 31, 2022 /PRNewswire/ — Toyota announced an additional investment of $2.5 billion in its newest North American facility, Toyota Battery Manufacturing, North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing… Continue reading Toyota Announces $2.5 Billion Expansion of North Carolina Plant with 350 Additional Jobs and BEV Battery Capacity

@AML: Introducing the new V12 Vantage Roadster: The ultimate expression of style, sound and speed000284

New V12 Vantage Roadster fuses ultimate performance with open-air thrills Production limited to 249 examples globally and a closed order book due to unprecedented demand Unmistakeable looks thanks to dramatic widebody design First Vantage Roadster to feature the 5.2-litre V12 Twin-Turbo powertrain Outputs of 700PS and 753Nm make this the most powerful Vantage Roadster ever… Continue reading @AML: Introducing the new V12 Vantage Roadster: The ultimate expression of style, sound and speed000284

@Daimler: The evolution of the radiator grille – from chrome-edged radiator cover to avant-garde design artefact and sensor hub

How the brand-defining role of the Mercedes-Benz grille has changed over time 1900 was a breakthrough year in the early days of the automobile. It marked the first time Wilhelm Maybach fitted his invention, the honeycomb radiator, to the Mercedes 35 PS. The patented design solved the problem of cooling the internal combustion engine once… Continue reading @Daimler: The evolution of the radiator grille – from chrome-edged radiator cover to avant-garde design artefact and sensor hub