Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion Hyundai has earmarked for its new EV plant and battery manufacturing facility in Georgia announced Friday. Non-affiliated suppliers are contributing another $1 billion into that… Continue reading Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025
Tag: Electric vehicles
GreenPower Enters into Joint Venture with Jupiter Group in India to Market the Right Hand Drive EV Star Cab and Chassis
Jupiter is a premier manufacturer of railway wagons, passenger coaches, wagon components and castings in India with customers such as the Ministry of Defence, Ministry of Shipping, Tata Motors, VOLVO Eicher Motors, Bharat Benz and Avia Motors. Jupiter owns manufacturing facilities across India. “GreenPower has joined forces with Jupiter Wagon Group to bring GreenPower’s EV… Continue reading GreenPower Enters into Joint Venture with Jupiter Group in India to Market the Right Hand Drive EV Star Cab and Chassis
Tesla lobbies for anyone with solar and batteries to participate in Texas’ energy market
Tesla has filed to change rules for grid operators in Texas in order to enable anyone with solar and batteries, including residential homeowners, to participate in the state’s energy market. Since moving to Texas, Tesla has been lobbying to change several energy market rules in order to more efficiently deploy its energy products on the… Continue reading Tesla lobbies for anyone with solar and batteries to participate in Texas’ energy market
Tesla is back to ramping up Gigafactory Shanghai to new production records
Tesla is back to ramping up production at Gigafactory Shanghai. The automaker could reportedly be back to pre-shutdown level as soon as tomorrow and plans to ramp up to new records later this week. Like many other companies, Tesla had to shut down production at its Shanghai factory last month after local authorities imposed serious… Continue reading Tesla is back to ramping up Gigafactory Shanghai to new production records
Europa Wire: Rheinmetall and its joint venture in China to deliver millions of transmission housings for a world-leading maker of electric vehicles000316
Rheinmetall and its joint venture in China to deliver millions of transmission housings for a world-leading maker of electric vehicles (PRESS RELEASE) DÜSSELDORF, 23-May-2022 — /EuropaWire/ — Rheinmetall AG (ETR: RHM), a German integrated technology group active in the automotive and defence industries, has announced a major order for the supply of millions of transmission… Continue reading Europa Wire: Rheinmetall and its joint venture in China to deliver millions of transmission housings for a world-leading maker of electric vehicles000316
Survey: Shoppers trust legacy automakers over Tesla, find all EV offerings lacking
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Energy Grids Plug into AI for a Brighter, Cleaner Future
Electric utilities are taking a course in machine learning to create smarter grids for tough challenges ahead. The winter 2021 megastorm in Texas left millions without power. Grid failures the past two summers sparked devastating wildfires amid California’s record drought. “Extreme weather events of 2021 highlighted the risks climate change is introducing, and the importance… Continue reading Energy Grids Plug into AI for a Brighter, Cleaner Future
New Mercedes MMA all-electric platform to make its debut in 2024
Mercedes’s new MMA electric vehicle platform will make its debut in 2024 on a new model, which will also signify a change to the entry point in the firm’s line-up, according to CEO Ola Kallenius. On a recent investor call the German brand confirmed that the MMA platform, which will focus on “entry luxury” models,… Continue reading New Mercedes MMA all-electric platform to make its debut in 2024
New Polestar 3 to debut in October 2022
Polestar has announced that its new 3 model will launch in October this year, with customers being able to order the all-electric SUV from the day of its premiere. It’ll provide fresh competition in the rapidly growing large electric SUV segment, rivalling the likes of the Audi e-tron and BMW iX. Thomas Ingenlath, Polestar CEO,… Continue reading New Polestar 3 to debut in October 2022
“Almost 800,000 people are still working in Britain’s automotive industry”
Two years after Covid first clobbered us, the car business in the UK remains badly bruised, but still alive and kicking. It’s down, but not out. And believe it or not, in some departments, it’s healthier today than two years back. I’ve accessed the like-for-like (Spring 2020 vs Spring 2022) figures. Thankfully, they state that… Continue reading “Almost 800,000 people are still working in Britain’s automotive industry”