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Browsing Category
auto
General Motors Temporarily Halts Paid Advertising on Twitter After Elon Musk Takeover
San Francisco, October 29: General Motors has temporarily paused paid advertising on Twitter, as the automaker wants to understand the direction the micro-blogging platform will take under Elon Musk.
It's still…
GM donates Chevy Bolt to Ukrainian embassy
General Motors donated a Chevrolet Bolt to serve as the official diplomatic vehicle of Ukraine's U.S. embassy.
Omar Vargas, GM's head of global public policy, delivered the electric vehicle to Oksana Markarova, Ukraine's ambassador to the…
Ford sells stake in Russia business, joining automaker exodus
Ford sold its 49 percent stake in the Sollers Ford joint venture, finalizing its exit from Russia after suspending operations in the country earlier this year after Moscow’s invasion of Ukraine.
Shares of the automaker will be transferred…
EU reaches deal for ban on new combustion-engine cars from 2035
BRUSSELS -- The European Union reached a deal to effectively ban new combustion-engine cars from 2035, a move that will reshape transportation and mark a significant step on the path to reduce carbon emissions.
The EU's three key…
Argo AI to lay off 173 as startup folds
Ford CEO Jim Farley said Wednesday during a call with investors that the automaker plans to hire "a couple hundred" employees from Argo AI. VW said previously it working with Argo AI to find opportunities for its employees.
Ford declined…
BMW Launches ‘50 Jahre M Edition’ of BMW X6 in India at Rs 1.11 Crore
Gurugram, October 28: Celebrating the 50th anniversary of the iconic BMW M GmbH, BMW India has launched an exclusive '50 Jahre M Edition' of the BMW X6 in India today.
Available as a completely built-up unit (CBU),…
BMW G 310 RR Clocks 1,000 Customer Deliveries Within 100 Days Since Launch on July 15
Gurugram, October 28: BMW Motorrad India's latest offering in the sub-500 cc class - the newly launched BMW G 310 RR - has proven to be a big hit in India. More than 1,000 units of the smart road racer have been…
EV battery materials’ next frontier: Ocean floor
The USGS is studying the effects of mining to help the International Seabed Authority determine what environmental protections are needed. "It's important to realize that all types of mining have environmental consequences," said USGS…
Massachusetts right-to-repair: GM, Stellantis say they can’t comply
General Motors and Stellantis told a federal judge they're unable to comply with Massachusetts' updated right-to-repair law because of cybersecurity and other practical concerns that prevent implementation.
In separate briefs filed last…
BorgWarner eyes U.S. manufacturing expansion
BorgWarner Inc. is planning to expand its U.S. manufacturing footprint to handle its fast-growing electrification business, expected to generate about $4 billion by 2025.
That's as the automotive supplier's top and bottom lines stabilize…
Lear plans $80 million plant, hundreds of jobs in Michigan
"Lear is developing innovative technologies that are driving the widespread adoption of electric vehicles," Scott said in the release. "This additional new business with GM was made possible by Lear's recognized value proposition in…
Stellantis CEO Tavares says Euro 7 is a ‘diversion’ from fending off Chinese rivals
BERLIN -- Uncertainty over the future of European regulation on auto emissions gives Chinese competitors an additional advantage, Stellantis CEO Carlos Tavares said.
Stellantis said the EU's Euro 7 standards, which tighten car emission…
Audi partners with Swiss Sauber for Formula One
FRANKFURT/LONDON -- Audi has agreed to take a stake in Swiss-based Sauber Group, whose team will become the German automaker's works entry in Formula One from 2026.
No financial details were disclosed in the statement.
Sauber has been…
Mercedes will quit Russia and sell shares to local investor
BERLIN/MOSCOW -- Mercedes-Benz will withdraw from the Russian market and sell shares in its industrial and financial services subsidiaries to a local investor, becoming the latest automaker to exit the country.
Mercedes-Benz Russia said…
Elon Musk’s Starlink Internet To Be Available For Recreational Vehicles in December 2022
San Francisco, October 26: Elon Musk-owned SpaceX has announced that its satellite Internet service Starlink will be available for recreational vehicles (RVs) in December.
Starlink for Rvs allow users to get…
Via Motors, chaired by Bob Lutz, plans HQ move to Michigan
Electric vehicle manufacturer Via Motors is looking to pull up its Utah roots for a new headquarters in suburban Detroit, where it would invest $12.4 million and create 300 jobs.
The company -- whose chairman is longtime General Motors…
Hyundai’s Georgia ‘Metaplant’ will spark EV expansion
ELLABELL, Ga. — Hyundai Motor Group broke ground Tuesday on a mammoth $5.54 billion manufacturing project that will produce electric vehicles and batteries for the Hyundai, Genesis and Kia brands.
Jose Munoz, Hyundai's global chief…
EV maker Via Motors plans HQ move to Michigan
Electric vehicle manufacturer Via Motors is looking to pull up its Utah roots for a new headquarters in suburban Detroit, where it would invest $12.4 million and create 300 jobs.
The company is planning to open a 100,000-square-foot office…
Magna’s $530 million expansion plan in Michigan
Magna Powertrain of America Inc. said it will invest $96.2 million into a leased 200,000-square-foot plant, according to the memo, which did not disclose the project address.
The company would manufacture internal components for EV battery…
Nio targets Europe and reaching profit faster than Tesla
Li said Nio is focused on battery-electric vehicles, as opposed to hydrogen fuel cells, because he believes they are the solution for automated driving. "The vehicle is becoming a mobile living space, and that only works with an e-car," he…
Bosch expands U.S. factory to produce more e-motors
CHARLESTON, S.C. — German supplier Robert Bosch said Tuesday that it will spend more than $260 million to expand production of electric motors at its plant here.
The plant just this month began producing e-motors, which are critical parts…
Hyundai to launch $5.5 billion U.S. EV plant
SAVANNAH, Georgia - Hyundai Motor Co will break ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States on Tuesday, as South Korea's biggest automaker grapples with an uncertain outlook for its EV sales in…
EV demand needs major boost from U.S. mining
"What will China's response be to defend market share? That's where questions get much more difficult," he said.He pointed to tungsten as an example. More than four-fifths of the world's tungsten comes from China, he said. The country…
Tesla factory in Mexico? Elon Musk meets with officials
Tesla Inc. CEO Elon Musk's appearance over the weekend in the northern Mexico state of Nuevo Leon has sparked local speculation that Mexico could be a candidate for future Tesla investment.
Musk wants the automaker to scale "to extreme…
Andhra Pradesh Fire: 36 E-Bikes, Kept for Special Discounted Sale on Diwali, Gutted in Blaze at…
Amaravati, October 24: As many as 36 electric bikes were gutted in a huge fire in a motor showroom in Andhra Pradesh's Parvatipuram district, police said. The incident occured in Manam Motors in Palakonda town in…
U.S. mining needs fast launch to meet EV demand
"What will China's response be to defend market share? That's where questions get much more difficult," he said.He pointed to tungsten as an example. More than four-fifths of the world's tungsten comes from China, he said. The country…
Electric Last Mile plant sold to Mullen
The former Hummer plant in northern Indiana is now on its fourth owner in five years, a stretch in which it has gotten $20 million worth of upgrades but failed to produce the jobs and vehicles its purported saviors have promised.
The…
Kia Niro EV gets price cut for top-end trim
The entry trim, called the Wind, is priced at $40,745. It sits between the previous generation's base Niro EV S ($40,385) and mid-level Niro EV EX ($41,285).
The lack of a price increase, given many automakers are hiking EV MSRP's, will…
GM gives Honda a leg up on EVs
American Honda Motor Co. has two electric vehicles on the horizon: the Honda Prologue and the Acura ZDX. Both are co-developed with General Motors and will use the Detroit automaker's new flexible and scalable electric architecture powered…
Automakers to double spending on EVs, batteries by 2030
The world's top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, along with the batteries and raw materials to support that production, according to a Reuters analysis…