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Browsing Category
auto
Can EVs proliferate with or without Build Back Better Act?
The EV tax credit proposal — championed by Michigan Sen. Debbie Stabenow and Rep. Dan Kildee, both Democrats, but opposed by Manchin — would boost consumer tax credits to as much as $12,500 for EVs assembled in a factory represented by a…
Daimler eyes tech valuations as it rebrands to Mercedes-Benz
Daimler CEO Ola Kallenius is pursuing a higher valuation for the luxury-car maker as the manufacturer shifts deeper into EVs packed with digital gadgets.
Following the spinoff of Daimler's truck unit in December, the automaker is changing…
GM EV pickups threaten Chevy Bolts’ future
Bolt output will continue as the automaker converts Orion for electric pickup production, but Reuss said GM had nothing to announce related to the Bolt's future beyond that.
AutoForecast Solutions expects GM to discontinue the Bolt EV in…
Daimler rebranding as Mercedes-Benz Feb. 1
BERLIN -- Daimler will be formally renamed Mercedes-Benz Group on Tuesday -- nearly a year after the spin-off of its truck and bus division was announced -- in a move that CEO Ola Kallenius hopes will unlock shareholder value for the…
Stellantis JV with Dongfeng Motor doubled vehicle sales in 2021
"Since day one of Stellantis, we analyzed the situation together with our partners and we are now finalizing our plans for China, which we consider as a strategic market in terms of untapped potential," Olivier said.
The DPCA joint…
Ignitron Motocorp Unveils GT 120 Electric Bike in India
New Delhi: Ignitron Motocorp, a new electric vehicle start-up, on Friday unveiled its third electric sports bike 'GT 120' in the Indian market. According to the company, GT 120 has been designed and built…
Stellantis suspends COVID-19 vaccine mandate for salaried U.S. workers
Stellantis is suspending full implementation of a COVID-19 vaccine mandate for salaried, non-union workers in the U.S. The decision comes a few weeks after the automaker pushed back a Jan. 5 deadline for workers to be fully vaccinated. But…
Stellantis to take majority control of Jeep JV
Stellantis is not the first automaker to get pushback from a local partner. When Volkswagen Group CEO Herbert Diess in 2019 said the German manufacturer may consider changing the ownership structure of a partnership with SAIC, the Chinese…
GM, LG Energy partner with Li-Cycle for on-site EV battery recycling
The proximity between the cell and recycling plants will enable faster conversion of battery manufacturing scrap and will substantially reduce the costs associated with moving and handling battery manufacturing scrap materials, the…
Renault-Nissan alliance plows $26B into EV blitz
Still togetherThe announcement was as much a repackaging of already-announced initiatives as it was a market reassurance that the three companies were still working together and focused on staying competitive. The investment figures, for…
Renault-Nissan plows $26B into electrification blitz
Under the new 2030 roadmap, the three companies will roll out five common EV platforms that will cover 90 percent of the 35 EV new models. The Alliance already has shared EV platforms, including the CMF-EV architecture which underpins the…
EV Maker Tesla Cybertruck Production Delayed to 2023; Confirms CEO Elon Musk
San Francisco: Elon Musk-owned electric vehicle company Tesla has delayed production of its much-awaited Cybertruck, aiming to start in 2023. The electric vehicle manufacturer's CEO Elon Musk confirmed during…
Lamborghini sees its first full-electric model at end of decade
MILAN -- Lamborghini plans to roll out its first full-electric model at the end of this decade, CEO Stephan Winkelmann said in remarks confirmed on Tuesday by a company spokesperson.
The plan underscores an even more cautious approach by…
Toyota, BMW-backed robotic-shuttle startup May Mobility raises $83M
May Mobility, a self-driving shuttle startup backed by the venture arms of Toyota and BMW, raised $83 million in its largest funding round to date.
The U.S.-based company operates 25 vehicles in nine cities including Arlington, Texas, and…
2023 CX-50 marks Mazda’s return to U.S. manufacturing
Mazda is officially back to making vehicles in the U.S.
Jeff Guyton, CEO of Mazda North American Operations, piloted the first production CX-50 off the line Wednesday at the automaker's joint-venture plant with Toyota in Huntsville, Ala.…
House leaders unveil chips, China competition bill
WASHINGTON -- U.S. House of Representatives leaders on Tuesday unveiled a bill aimed at increasing U.S. competitiveness with China and supporting the U.S. chip industry, including $52 billion to subsidize semiconductor manufacturing and…
White House will host GM’s Mary Barra, Ford’s Jim Farley and other CEOs for meeting on…
WASHINGTON -- The White House plans to host the CEOs of major U.S. companies -- including GM's Mary Barra and Ford's Jim Farley -- on Wednesday to discuss his signature $1.75 trillion Build Back Better legislation, officials told Reuters.…
Bentley will start output of first full EV in 2025
The EV is expected to be a version of a luxury EV with advanced self-driving functions being developed by Audi, which has oversight of Bentley within Volkswagen Group. Bodies-in-white would be built alongside the Audi at VW's factory in…
VW CEO Herbert Diess tests positive for COVID-19, under quarantine
All employees with whom Diess had personal contact were tested, and all were negative.
VW earlier this month expanded its in-house vaccination and testing program for employees and their relatives.
Since June, VW has administered about…
Toyota, BMW-backed robotic-shuttle startup raises $83M
May Mobility, a self-driving shuttle startup backed by the venture arms of Toyota and BMW, raised $83 million in its largest funding round to date.
The U.S.-based company operates 25 vehicles in nine cities including Arlington, Texas, and…
VW CEO Herbert Diess perfoming job duties under quarantine after testing positive for COVID-19
Volkswagen Group CEO Herbert Diess tested positive for coronavirus late last week and is continuing to work in quarantine at his home.
"He has been available for all phone calls and meetings," spokeswoman Nicole Mommsen said by phone.…
EV Maker Tesla Officially Enters Turkish Market: Report
San Francisco: Elon Musk-owned electric vehicle company Tesla has officially entered Turkish market. According to GizmoChina, Emir Tuncyurek, a former consultant of InsideEVs Turkey and co-founder of E-Garaj, will…
White House will host Barra, Farley, CEOs for meeting on spending bill push
WASHINGTON -- The White House plans to host the CEOs of major U.S. companies -- including GM's Mary Barra and Ford's Jim Farley -- on Wednesday to discuss his signature $1.75 trillion Build Back Better legislation, officials told Reuters.…
GM electric pickup target: 600,000 a year with historic Michigan investment
Orion Assembly, Lake Orion• January 2022 – $4 billion to transition to electric truck production, creating more than 2,350 jobs and retaining 1,000 current jobs.• March 2019 – $300 million to build the Chevrolet Bolt EUV.• Vehicles:…
GM wins $824 million in incentives from Michigan to lure $7 billion in EV investments
The two projects have been in the works over the last few months.
GM said it will spend $4 billion adding 3 million square feet of manufacturing space to its Orion Assembly plant over the next three to five years for the assembly of…
VW, Bosch partner on advanced driving technologies
In a news release, Bosch said 1,000 employees worldwide from both companies will be involved in the partnership "at peak times," and both companies are looking to recruit new employees as part of the project.
It is unclear how much both…
GM planning behavior-based U.S. driver insurance in Q1, executive says
General Motors Co aims to launch an algorithm-based auto insurance plan by the end of the first quarter in some U.S. states that charge policyholders based on their driving performance, a company executive said in an interview.
The…
GM’s Oshawa, Canada plant starts second shift to meet demand for Chevy Silverado HD
“And with a new, diverse workforce that includes more women in production roles, the impact of an inclusive culture is immediately noticeable the moment you step inside the plant,” Bell said.
GM Canada received more than 13,000 resumes for…
GM planning behavior-based U.S. driver insurance in Q1 – executive
General Motors Co aims to launch an algorithm-based auto insurance plan by the end of the first quarter in some U.S. states that charge policyholders based on their driving performance, a company executive said in an interview.
The…
Wait for new Toyota Land Cruiser stretches to 4 years in Japan
TOKYO -- The Toyota Land Cruiser is big in Japan. In fact, demand for the do-all SUV is so big, Toyota Motor Corp. just notified customers that the wait for delivery has stretched to four years.
That is up from an already jaw-dropping…