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auto
U.S. vehicle inventories at highest point since June 2021
Slowing sales helped inventory levels recover further to 1.32 million vehicles in September, a significant jump over where they were a year earlier but still historically low, according to Cox Automotive and the Automotive News Research…
Siemens to supply equipment for EV battery plants JV
ZURICH - Siemens has signed a deal with a joint venture of Stellantis, Mercedes Benz and TotalEnergies to supply equipment and technology for electric vehicle battery plants, the German engineering company said on Thursday.
The joint…
Honda-Sony EV to be built and sold in N. America first
The news from Tokyo came on heels of Honda’s announcement in the U.S. that it would create an electric-vehicle production hub in Ohio as it doubles down on an all-electric future.
Those plans include building a battery plant with its South…
Video: World’s First Flying Car X2 Tested in Dubai by Chinese Tech Manufacturer Xpeng Aeroht
Dubai : Flying cars! Dubai recently witnessed this futuristic technology with a Chinese manufacturer made its first public flight in the United Arab Emirates. According to Khaleej Times, Chinese technology and…
Toyota Admits Data Leak of 3,00,000 Customers Since July 2017
Tokyo: Automaker Toyota has revealed that personal information of nearly 300,000 customers may have been exposed since July 2017. In a statement, the car maker said that e-mail addresses and customer management…
Japan’s Sony, Honda Mobility Venture To Deliver New Electric Vehicles to US in 2026
Tokyo, October 13: A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off on Thursday, with both sides stressing their common values of taking up…
Renault, Geely to launch first joint vehicle
The first production vehicle from Renault Group’s partnership with Zhejiang Geely Holding Group in South Korea will launch in 2024 as a midsize hybrid crossover with a fastback silhouette.
Renault released a silhouette image of the…
Auto suppliers turn to bankruptcy to renegotiate contracts
Suppliers have so far been largely successful in obtaining pricing relief from automakers, according to attorneys and consultants involved in the discussions.
But as suppliers intensify their efforts for price increases, and automakers…
BYD gets top European NCAP safety marks for Atto 3 SUV
LONDON -- BYD received a coveted five-star Euro NCAP safety rating for its electric Atto 3 crossover, the latest Chinese automaker to receive top marks as it seeks to gain a foothold in Europe's competitive car market.
Ratings from the…
Mercedes will use Microsoft Cloud on supply chain data platform
BERLIN -- Mercedes-Benz and Microsoft announced a partnership using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally.
The data platform, called MO360, is already…
Hyundai, Kia supplier fined in U.S. for child labor violations
NEW YORK -- Authorities found children as young as 13 working at a Korean-operated supplier to automakers Hyundai Motor Co. and affiliate Kia Corp., and have fined the company and a labor recruiter, the U.S. Department of Labor and the…
Honda’s massive $4.4B plan for Ohio EV operations
"Over four decades, Honda has continued investing in Ohio, establishing comprehensive production, purchasing and product development capabilities," said Bob Nelson, executive vice president of American Honda's corporate services.
The state…
Stellantis expands circular economy business unit
Stellantis says it aims to generate more than $2 billion through its circular economy business unit by 2030 and reach carbon net-zero status by 2038.
The automaker said the main objectives of the business unit are "extending the life of…
GM, Ford supplier Instaset files for bankruptcy
The company could not be reached for comment. Strobl Sharp PLLC, which is representing it in the bankruptcy case, did not return a request for comment.
Since its peak in 2015, when the company was acquired by WGS Global Services, annual…
Nissan takes $687M loss selling Russian business for 1 euro
MOSCOW -- Nissan will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said Tuesday, taking a loss of around $687 million and exiting the country months after it was forced to halt production there.
The…
Husain Ansari – Electric Drive Technology Expert Bringing Innovation to the World of the Automotive…
The global automotive industry has witnessed major changes in the last 2 decades from technology and digitization to a shift in brand loyalty. The world’s top brands have been on their toes to bring in innovative…
Rivian recall ‘a black eye’ for EV maker
Rivian said Friday that it’s recalling roughly 13,000 of the 14,000 electric trucks and SUVs made at its assembly plant in Normal, Ill., because of concerns that a bolt in steering assemblies wasn’t sufficiently tightened.
No accidents…
Nio will sell new mass-market brand in Europe
BERLIN – Chinese electric startup Nio will bring its new mainstream electric brand to Europe a few months after it launches in China in 2024, Nio president and co-founder Lihong Qin said.
Nio announced the foundation of the mass-market…
Audi considers 1st U.S. factory amid new EV tax credits
Federally funded electric vehicle tax credits contained in the Inflation Reduction Act signed into law this summer have Volkswagen Group, and especially Audi, taking a hard look at expanding its manufacturing footprint in North America —…
Inflation Reduction Act bears fruit
Automakers and suppliers have announced $11 billion in electric vehicle battery investments since the passage of the Inflation Reduction Act in August as they look to localize supply chains to meet sourcing requirements and tap new…
Polestar warns slow recovery from China lockdown dragged on results
Polestar said supply issues that lingered after China’s COVID-19 lockdowns earlier this year will weigh on results the electric-car maker is releasing next month, though it’s sticking with its full-year deliveries target.
The Volvo plant…
Stellantis Jeep plant hit with 6th air quality violation
Stellantis has been hit with another odor violation at its Detroit Assembly Complex on Mack Avenue, marking the sixth time in a year that state regulators have flagged the Jeep plant for air pollution.
The assembly and paint complex on the…
Five years later, Tesla will deliver Semi trucks, Musk says
Musk said when Tesla first unveiled the Semi in November 2017 that it would go into production two years later. While would-be customers including Walmart Inc. and Anheuser-Busch InBev SA put down deposits, the automaker ended up…
Tesla To Deliver Semi Trucks to Pepsi by December 1, 2022; Says Elon Musk
San Francisco: Tesla has started the production of its long-delayed Semi Truck that will have a 500 miles (800 km) range and will first reach Pepsi facilities, Elon Musk announced on Friday. The electric-car-maker…
Toyota to resume selling bZ4X crossover EV after recall
What went wrong
Production of both the bZ4X and Solterra at Toyota’s Motomachi assembly plant has been suspended ever since as Toyota Motor Corp. raced to find a remedy.
The defect stemmed from not accounting for the high torque exerted on…
VW plans $1B investment in software JV in China, report says
BERLIN – Volkswagen Group is planning a significant investment in a joint venture in China for software production, sources with knowledge of the matter said.
An official announcement is expected next week, one person close to negotiations…
IRF Urges Nitin Gadkari To Withdraw Notification on Mandatory 6 Airbags in Cars From October 2023
New Delhi: Road safety body International Road Federation (IRF) has urged the Union Minister for Road Transport and Highways (MoRTH) Nitin Gadkari to withdraw the notification making six airbags mandatory in…
Michigan offers tax breaks to Chinese-owned auto suppliers
"I think the relationship, the understanding and the respect of different cultures, 'guanxi,' truthfully is crucial," he said. "I would say number one, even more important than technological capability in this cross-border investment."
The…
Michigan OKs $715 million in incentives for Gotion battery plant
Michigan officials have approved a bundle of incentives valued at $715 million for a $2.4 billion electric vehicle battery plant to be built by a Chinese manufacturer in the Big Rapids area.
The incentives for Gotion Inc., given the green…
Our Next Energy plans $1.6B EV battery cell plant in Mich.
Our Next Energy will spend $1.6 billion on a new battery cell plant in suburban Detroit and begin production of lithium iron phosphate cells and battery packs in 2024, company officials said Wednesday.
Known as ONE, the company signed a…