Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources

By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – MG Motor India, which is owned by China’s SAIC Motor, plans to raise funds to develop its Indian electric mobility business, three sources told Reuters, as Chinese investments face increased scrutiny by the government in New Delhi. MG Motor India may try to sell a… Continue reading Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources

Ford CFO on supply-chain challenges, electric vehicle production

Yahoo Finance anchor Brad Smith talks with Ford CFO John Lawler about the company’s Ford+ plan, supply chain challenges, and production of electric vehicles. Video Transcript BRAD SMITH: Ford announcing the initiation of new internal business units. Ford Model E, which will be dedicated to the electric vehicle business, and Ford Blue whose mission is… Continue reading Ford CFO on supply-chain challenges, electric vehicle production

Polestar’s stunning O2 concept is an electric roadster – Ars Technica

Enlarge / The Polestar O2 evolves the brand’s Precept four-door coupe into a stunning two-door roadster. Polestar For all the talk about the maturity of the electric car, it still has a ways to go before it can cover all the bases in the automotive ecosystem. While you can buy a few electric sedans, a… Continue reading Polestar’s stunning O2 concept is an electric roadster – Ars Technica

Volvo Cars selects Momentum Dynamics for Wireless Charging Pilot Program in Gothenburg, Sweden

GOTHENBURG, Sweden, March 3, 2022 /PRNewswire/ — Momentum Dynamics has been selected by Volvo Cars as its exclusive wireless charging partner as part of a ‘live city environment’ three-year pilot program of EV wireless charging. While Momentum’s technology has been in full commercial use for more than four years on various types of electric vehicles, this… Continue reading Volvo Cars selects Momentum Dynamics for Wireless Charging Pilot Program in Gothenburg, Sweden

Musk invites union UAW to hold vote at Tesla California factory

Tesla Motors CEO Elon Musk talks at the Automotive World News Congress at the Renaissance Center in Detroit, Michigan, January 13, 2015. REUTERS/Rebecca Cook (UNITED STATES – Tags: TRANSPORT BUSINESS)/File Photo Register now for FREE unlimited access to Reuters.com Register March 3 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Thursday… Continue reading Musk invites union UAW to hold vote at Tesla California factory

@Hyundai: Kia presents 2030 roadmap to become global sustainable mobility leader

Kia Corporation has today built on its strategic commitment to become a leader in sustainable mobility with the roadmap to 2030 at the company’s 2022 CEO Investor Day virtual event. The roadmap builds on Kia’s successful ‘Plan S’ strategy first announced in 2020 and reveals further details on how the company will achieve its vision… Continue reading @Hyundai: Kia presents 2030 roadmap to become global sustainable mobility leader

Ford to use Model e name it blocked from Tesla in trademark fight

Adults fighting over the letter E.  It sounds like a “Sesame Street” episode gone bad.  But it really happened. And now the winner of that battle, Ford Motor Co., just announced that Ford “Model e” (intentionally lowercase) is the name of its all-electric auto division. Behind the scenes, it’s a story of an iconic automaker keeping a startup company based… Continue reading Ford to use Model e name it blocked from Tesla in trademark fight

Ford increases electrification spend to $50B in attempt to catch up to Tesla

Ford Motor Company is increasing its electric vehicle investment to $50 billion through 2026, up from the previous $30 billion by 2025. CEO Jim Farley announced the news on Wednesday after the automaker confirmed that it would run its EV unit separately from its combustion engine business, something Ford touched on during its 2021 fourth… Continue reading Ford increases electrification spend to $50B in attempt to catch up to Tesla

Rivian has altered the deal, and now its EVs will cost buyers up to $20K more

Rivian increased the estimated prices of its R1T electric pickup and R1S electric SUV this week by up to 20 percent, as reported by TechCrunch. The company is applying the new estimates to new orders and changing them for reservation holders who don’t yet have a vehicle entering production. This is the first significant change… Continue reading Rivian has altered the deal, and now its EVs will cost buyers up to $20K more