Chinese EV maker Nio to open first overseas plant for power products in SeptThe Hungary plant will develop and manufacture power products such as batt…

Chinese electric car maker Nio plans to open its first overseas plant in September to make power products for the European market as it accelerates expansion abroad. The plant, in Pest, Hungary, will develop and manufacture power products such as battery-swapping stations to serve European users, Nio said in a statement late on Friday. Nio will speed up construction of battery swapping stations in Europe with a view to expanding sales of its cars in countries including Germany, the Netherlands,… Continue reading Chinese EV maker Nio to open first overseas plant for power products in SeptThe Hungary plant will develop and manufacture power products such as batt…

Indo-Thai bilateral trade touched $15 billion in FY’22

The bilateral trade between India and Thailand reached an all time high of around USD 15 billion in 2021-22 as the domestic market remains attractive for Thai investors, said Union Minister of State for External Affairs Rajkumar Ranjan Singh. The economic cooperation between the two countries in trade, investment and tourism have continued to flourish… Continue reading Indo-Thai bilateral trade touched $15 billion in FY’22

Boeing to Open Japan Research Center and Expand Sustainability Partnerships

TOKYO, Aug. 1, 2022 /PRNewswire/ — Boeing [NYSE:BA] will strengthen its partnership with Japan by opening a new Boeing Research and Technology (BR&T) center. The facility will focus on sustainability and support a newly expanded cooperation agreement with Japan’s Ministry of Economy, Trade and Industry (METI). Boeing and METI have agreed to broaden their 2019… Continue reading Boeing to Open Japan Research Center and Expand Sustainability Partnerships

Shenzhen close to turning China’s driverless car dreams into realityRegistered robotaxis will be allowed to operate across a broad swath of the city f…

On a busy downtown street three delivery bikes suddenly dart over the pedestrian crossing ahead of the car. On the car‘s dashboard they look like small 3D blue blocks from a 1990s video game. The steering wheel turns itself a notch and the vehicle slows to a gentle halt, while the safety driver looks on from the… Continue reading Shenzhen close to turning China’s driverless car dreams into realityRegistered robotaxis will be allowed to operate across a broad swath of the city f…

Clean Technica: Tesla Reveals Its Q2 Capital Expenditures & Expectations Moving Forward002144

Tesla has revealed that it focused intensely on its Gigafactories during the second quarter of 2022 — to the tune of about $1 billion in capital expenditures. The announcement came in a Securities and Exchange Commission (SEC) filing. Tesla intends to continue to accentuate its battery development, among other projects, to solidify its corporate plan… Continue reading Clean Technica: Tesla Reveals Its Q2 Capital Expenditures & Expectations Moving Forward002144

Cleantechnica: Is The Tesla Model Y The World’s Best Selling Vehicle Right Now?002143

My answer is “maybe,” depending on how you measure sales and how last year’s leaders’ sales have increased or decreased. Since sales figures lag 3 to 6 months, we won’t know for sure until next year, but I’ll present the evidence I found and you can judge for yourself. The method I used is I… Continue reading Cleantechnica: Is The Tesla Model Y The World’s Best Selling Vehicle Right Now?002143

GM’s Robotaxis Are Losing a Fortune

It’s bleeding $5 million every single day. Bruising Cruise The numbers on General Motors’ Cruise project are looking pretty dark. On Wednesday, InsideEVs reported that the company’s robotaxi unit is losing $5 million every day, for a total of about $5 billion since 2018. GM began charging for select rides in the driverless vehicles in… Continue reading GM’s Robotaxis Are Losing a Fortune

@Hyundai: Hyundai Motor Group Presents HMG Smart City Vision at 2022 World Cities Summit

Hyundai Motor Group presents a human-centered future city vision that is well connected by mobility solutions while coexisting harmoniously with nature HMG Smart City is a sustainable green city concept enabled by autonomous mobility, advanced air mobility, robotics and hydrogen fuel cell technology The Group is uniquely positioned to offer smart and sustainable mobility solutions… Continue reading @Hyundai: Hyundai Motor Group Presents HMG Smart City Vision at 2022 World Cities Summit

DS boss hints 805bhp electric concept could make production

A production version of the 805bhp DS E-Tense Performance prototype could be on the cards, which would be sold as a track-only, limited-run car, packed with Formula E technology.  With a 0-62mph time of just 2.0sec, the electric car would be one of the fastest ever produced, but would command a “very high” price, DS’s… Continue reading DS boss hints 805bhp electric concept could make production

Stellantis fleet boss: Subsidise EVs from more polluting vehicles

Higher-polluting vehicles could be taxed more to encourage the continued take-up of EVs in the fleet sector, according to James Taylor, acting MD and B2B director at Stellantis UK and the person in charge of the fleet strategy of the firm’s brands from Alfa Romeo to Vauxhall. “There should be a taxation system that incentivises… Continue reading Stellantis fleet boss: Subsidise EVs from more polluting vehicles