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EV motor evolution is just beginning

Electric motors spin at far faster speeds than internal combustion engines do, and revolutions per minute will likely increase as the technology improves. Some automotive electric motors reach speeds of 20,000 rpm or more, and that means…

Lease offers deserve more marketing investment

A year and a half of tight dealership inventories and strong consumer demand have let automakers dramatically curtail what they spend marketing their products, allowing those dollars to instead pad their bottom lines and soothe any…

Perfecting the vehicle EV motor is just beginning

Electric motors spin at far faster speeds than internal combustion engines do, and revolutions per minute will likely increase as the technology improves. Some automotive electric motors reach speeds of 20,000 rpm or more, and that means…

GM, LG to invest $275M more at Tenn. Ultium plant

General Motors and LG Energy Solution on Friday said they are increasing their investment in a joint-venture battery cell plant in Spring Hill, Tenn., by $275 million. The additional spending will create 400 more jobs and raise annual…

McLaren sells historic cars to fund Artura upgrades

McLaren has recently sold some of its prized heritage car collection to Bahrain’s sovereign wealth fund Mumtalakat Holding to raise capital to upgrade its Artura supercar. McLaren was forced to seek an injection of funds after identifying…

Tesla expands lineup with delivery of Semi truck

Large fleet operators like PepsiCo, Walmart, Meijer and J.B. Hunt Transport Services were among the companies that placed non-binding reservations for the Semi five years ago. The first deliveries will go to PepsiCo’s Frito-Lay plant in…

Production of world’s first solar car begins

Fundraising in the early days for Lightyear was a challenge as investors were reluctant to put their money into a new concept, Hoefsloot said. “Right now, we are at a much more mature” stage, he said, adding that the majority of investment…

Honda CR-V fuel cell vehicle will be built in Ohio

Honda Motor Co. will build a fuel cell electric version of its sixth generation CR-V compact crossover starting in 2024. In addition to using fuel cell technology, which promises quick refueling and generous range, the vehicle will feature…