BMW intends to establish a high-voltage battery assembly and electric models of the Neue Klasse at its plant in San Luis Potos beginning in 2027. The automaker announced that it would invest 800 million euros in the location of the production facility and establish approximately 1,000 new jobs there. In July 2022, there were rumors […]
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In Germany, government incentives to encourage buyers were reduced in January 2023, resulting in a decline in electrified vehicle sales. By reducing prices, Tesla offset the downward trend and increased sales. According to information provided by the KBA motor transport authority, the number of full-electric vehicle registrations decreased by 13% to 18,136. The number of […]
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VinFast intends to become a global brand after making its grand debut at the LA Auto Show in 2021 and delivering the first electric vehicle sold in Vietnam. VinFast held a celebration in November to mark the first shipment of 999 VF 8 models to the United States. The EV manufacturer filed the necessary paperwork […]
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The first-ever Mazda CX-90 was introduced by Mazda North American Operations in 2024. The three-row crossover is Mazda’s new flagship model and is built on the company’s all-new large platform. It has wider, longer, and more aggressive proportions that perfectly combine its high-performance appearance with world-class refinement. The new electrified powertrains for the Mazda CX-90, […]
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Tesla disclosed in a financial document that the US Department of Justice has initiated an investigation into the driver-assistance features of its vehicles. The filing comes amid an ongoing review of the electric car manufacturer’s Autopilot system by the National Highway Traffic Safety Administration (NHTSA). According to a Securities and Exchange Commission filing, the DOJ […]
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According to a report, India’s sales of electric two-wheelers are anticipated to reach around 22 million by 2030 due to the demand for affordable transportation and the focus on lowering carbon emissions. In the 2022 calendar year, India’s overall EV penetration, including two-wheeler sales, was approximately 3%. India is primarily a market for two-wheelers. According […]
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onsemi, a market leader in intelligent power and sensing technologies, announced that it had reached a strategic agreement with the German automobile manufacturer Volkswagen AG (VW) to supply modules and semiconductors that make it possible to create a comprehensive electric vehicle (EV) traction inverter solution for the Volkswagen family of platforms for the next generation. […]
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Sharad Agarwal, the company’s country head, recently stated that Automobili Lamborghini, a luxury car manufacturer based in Italy, aims to surpass 100 million sales in the Indian market this year. Days later, the company made the announcement that it had record sales in India in 2022, with 92 units sold, up 33% from the previous […]
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According to a report, on Tuesday, January 24, 2023, according to the people familiar with the situation, that Ford Motor Co. and Chinese electric vehicle manufacturer BYD Co. are discussing the sale of a manufacturing plant in Germany. According to the WSJ report, the factory under consideration is the Saarlouis plant, where vehicle production is […]
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As the American automaker moves forward with its transition to electric vehicles, Ford Motors confirmed that it will be cutting approximately 3,000 jobs. In an internal email, the company’s leaders announced that 1,000 contract workers and approximately 2,000 salaried full-time employees will be let go. The cuts will primarily affect white-collar workers in India and […]
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