LG Energy Solution, Ford, and Koç Holding signed a non-binding Memorandum of Understanding (MoU) to form a new joint venture subject to final agreement by all the parties to create commercial electric vehicle battery cell facilities near Ankara, Turkey for Ford’s electric vehicles in Europe. The new joint venture will be located in an organized… Continue reading Archive:LG Energy Solution, Ford, and KOÇ Holding to establish a joint venture for battery cell production
Tag: Manufacturing
@GM: General Motors Announces $3 Million in Grants to Nonprofits
General Motors Announces $3 Million in Grants to Nonprofits 2023-05-22 DETROIT – This week, General Motors announced charitable investments in the communities surrounding its U.S. manufacturing facilities, providing grants to 157 nonprofit organizations totaling $3 million. The grants were provided through GM’s Community Impact Grants program, which was created in 2010 to empower local GM… Continue reading @GM: General Motors Announces $3 Million in Grants to Nonprofits
Cadillac announces ESCALADE IQ, another huge, low-volume EV
GM just announced the Cadillac Escalade IQ EV, which is a huge deal in automotive circles and comes coincidentally while Ford is having its Capital Markets Day announcing its own 3 row EVs. GM revealed almost nothing about the vehicle except its existence and its name: The Cadillac ESCALADE IQ will be revealed later this… Continue reading Cadillac announces ESCALADE IQ, another huge, low-volume EV
Audi Q8 e-tron first drive: Notable improvements where it truly counts – in the battery and motor
Last November, Audi announced a rebranding of its flagship e-tron model to the Q8 e-tron, establishing it as its top-of-the-line EV model and solidifying its place in the c-segment without any more confusion. I recently got the opportunity to explore the added performance of both the Audi Q8 e-tron quattro and Sportback through the Redwoods… Continue reading Audi Q8 e-tron first drive: Notable improvements where it truly counts – in the battery and motor
New Tesla Model Y with BYD batteries charges much faster
The new Tesla Model Y, built with BYD batteries at Gigafactory Berlin, charges significantly quicker than the previous version. As we have recently reported, Tesla and BYD have developed into unlikely partners lately. There was a time when they didn’t take each other very seriously; there’s an infamous interview in which Elon Musk literally laughs… Continue reading New Tesla Model Y with BYD batteries charges much faster
After Tesla snub, Oklahoma lands a 3 GW solar factory
Enel North America has officially named Oklahoma as its choice for its 3-gigawatt (GW) solar panel and cell factory – the largest economic development project in the state’s history. The factory, which Enel first announced in November 2022, will be one of the largest in the US to produce solar cells through its affiliate 3Sun… Continue reading After Tesla snub, Oklahoma lands a 3 GW solar factory
Europa Wire: Global Design Competition by Bentley Motors and Dezeen Sets Stage for Sustainable Luxury Retail000629
Global Design Competition by Bentley Motors and Dezeen Sets Stage for Sustainable Luxury Retail (IN BRIEF) Bentley Motors and Dezeen have teamed up to launch a global design competition called ‘The Future of Luxury Retail’. The competition invites architects and designers to explore innovative ideas and experiences that will shape the luxury retail industry in… Continue reading Europa Wire: Global Design Competition by Bentley Motors and Dezeen Sets Stage for Sustainable Luxury Retail000629
Europa Wire: Škoda Auto Demonstrates Dedication to Biodiversity Conservation with Global Sustainability Projects000628
Škoda Auto Demonstrates Dedication to Biodiversity Conservation with Global Sustainability Projects (IN BRIEF) Škoda Auto demonstrates its commitment to biodiversity on the International Day for Biological Diversity by highlighting various initiatives and projects at its global production sites. These efforts include planting over 70,000 trees in 2023, conducting dendrological research and inventory, launching the Krakonoš… Continue reading Europa Wire: Škoda Auto Demonstrates Dedication to Biodiversity Conservation with Global Sustainability Projects000628
Ford’s EV push has its skeptics. After Monday’s investor day, Jim Cramer is still not one of them
Ford ‘s (F) new partnerships with top lithium producers give us more confidence that the automaker can accelerate electric vehicle production and reach its global target of 2 million EVs per year by 2026. We’re also encouraged by Ford’s financial roadmap for getting there, which was discussed at Monday’s investor event. Ahead of its Capital… Continue reading Ford’s EV push has its skeptics. After Monday’s investor day, Jim Cramer is still not one of them
Apple caught on a downgrade based on supply-chain projections. Here’s our take
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks mixed Stocks were mixed Monday morning ahead of negotiations between President Joe Biden and House Speaker Kevin McCarthy over raising the debt ceiling . The U.S. government is… Continue reading Apple caught on a downgrade based on supply-chain projections. Here’s our take