According to industry data released, the number of new car registrations in the UK increased by 26% in February to 74,441, marking the seventh consecutive month of growth in the market. Strong demand for fully electric vehicles, which increased by 18 percent to 16.5 percent market share, contributed to the rise. According to data from […]
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Samuel Garcia, the governor of Nuevo Leon, which is close to the US-Mexico border, said that Tesla Inc. could begin producing its first automobiles in Mexico next year. The company is close to receiving the final permits that will allow factory construction to begin in Nuevo Leon. According to Nuevo Leon Governor Samuel Garcia, they […]
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According to the website of Tesla Inc., the company has reduced the prices of its two most expensive electric vehicles in the United States. This comes just a few days after Chief Executive Elon Musk stated that recent price reductions on other models had stoked demand. Musk has stated numerous times in recent months that […]
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Two sources said that Volkswagen’s supervisory board will meet in the coming days to discuss plans to build a new factory in the United States. One of the sources added that the board was expected to approve the project. One of the sources said that the factory is a new plant for the Scout brand. […]
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As Ford ramps up production of its F-Series pickup trucks and electric vehicles, February 2023 sales at Ford Motor Company increased by more than 20% from the year before. Thursday, the Detroit automaker revealed that it sold 157,606 vehicles in February, up 22% from the previous year and 7.7% from January. In February 2022, supply […]
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Stellantis announced that it will put $155 million into three plants in Kokomo, Indiana, to make new electric drive modules (EDMs). These EDMs will power future electric cars made in North America and help the US reach its goal of 50 percent battery electric sales by 2030. The Kokomo-built EDM will be incorporated into vehicles […]
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Tesla plans to build a new factory in Mexico, joining other automobile companies expanding its presence in South America. Mexico’s President Andres Manuel Lopez Obrador claims that the electric vehicle manufacturer will have a plant in Monterrey, which is approximately three hours away from Texas. Tesla is expected to provide additional details in its investor […]
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Dealers in Germany have been informed that the Volkswagen brand is increasing the prices of cars with combustion engines by an average of 4.4%. Volkswagen claimed that the price hikes were brought on by significant increases in the cost of acquiring raw materials, energy, and equipment. The price increases include well-known models like the Golf, […]
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Nissan has stated that it is currently conducting car hauling tests on two all-electric Class 8 transport trucks in California. The trial aims to investigate the potential for greater industry adoption of electric trucks. Nissan vehicles are being transported from the Port of Los Angeles to nearby dealers using the two trucks, one supplied by […]
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In response to the US Inflation Reduction Act (IRA), which prohibits subsidies for imported EVs, Hyundai Motor announced that it has stared production of an electric vehicle (EV) in the United States. According to Yonhap, a company official stated that the South Korean automaker began assembling the Genesis GV70 SUV in its Alabama plant on […]
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