24 x 7 World News
Browsing Category

auto

VW, Mercedes EV ambitions hit speed bump

After years of failed attempts to displace Tesla and with Chinese upstarts prepping their own moves, German carmakers have switched gears to win the EV race, moving away from making incremental changes to their combustion-engine cars that…

A few thankful thoughts about the auto industry

LOS ANGELES — Heading here for the auto show lets me know that it's almost time for Thanksgiving.And while there are plenty of concerning matters in the auto industry, in the economy, in the world at large — there's also a lot to be…

GM to invest $45M at Indiana casting plant

General Motors said it will invest $45 million at a parts plant in Indiana to expand production of drive unit castings for the forthcoming electric versions of the Chevrolet Silverado and GMC Sierra full-size pickups. The automaker said…

Nidec to build $715 million Mexican plant

TOKYO - Japanese electric motor maker Nidec Corp. is planning to invest about $715 million to build a plant in Mexico to make electric car motors, its chief executive said in an interview with the Nikkei newspaper published on Friday.…

BYD expands EV operations in Brazil

SAO PAULO -- BYD Co. will start selling two new electric vehicles in Brazil this month, betting on favorable political and environmental developments in Latin America's largest vehicle market, the company said. "I believe now is the right…

Poland chooses Geely for EV platform

WARSAW -- China's Geely Automobile Holdings will supply ElectroMobility Poland (EMP) with a modular electric vehicle platform that will form the basis of its Izera range, the companies said. The Izera is a key element in Polish efforts to…

Rimac Nevera is world’s fastest electric car

Rimac said its $2.1 million Nevera is the world's fastest all-electric production car. The two-seat hypercar reached a top speed of 258 mph (412 kph) on Oct. 23 on the ATP Automotive Testing track in Papenburg, Germany, Rimac said in a…