Electric Cars News
NXP Forecasts Sales Growth Driven By Connected Vehicles
NXP Chief Executive Kurt Sievers said the company intended to focus on key areas where more chips are going into cars and where NXP believes it can hold a market position at least twice that of any competitor.
GM To Launch 10 EVs In South Korea By 2025, No Local Manufacturing Plans Yet
Nov 28, 2021 04:48 PM
GM's South Korea unit builds about 600,000 vehicles a year, shipping many to the United States including the popular Chevrolet Trailblazer SUV, and employs about 12,000 people.
Canoo Advances Manufacturing Dates For Electric Vehicles
Nov 28, 2021 03:33 PM
The company now plans to expand to include Arkansas and other locations in Oklahoma, for research and development, software development, customer support and finance centers.
Apple Global Battery Development Chief Moves To Volkswagen
Nov 27, 2021 11:04 PM
This is the second time in recent months that an Apple executive has left for an automaker. Apple lost its head of car project, Doug Field, to Ford Motor in September.
Xiaomi To Open Car Plant In Beijing With Annual Output Of 300,000 Vehicles: Report
Nov 27, 2021 08:38 PM
The plant will be constructed in two phases and Xiaomi will also built its auto unit's headquarters, sales and research offices in the Beijing Economic and Technological Development Zone
Tesla Details $1 Billion Costs For New Texas Factory, Targets Year-End Completion
Nov 27, 2021 07:10 PM
The company said it plans to complete construction of its general assembly, paint, casting, stamping and body shop facilities by Dec. 31.
BlackRock Joins EV Charging Venture Ionity In $788 Million Funding Round
Nov 27, 2021 06:52 PM
The investment will enable Ionity to more than quadruple the number of high-power 350 kilowatt charging points to 7,000 by 2025,
IHG Hotels Partners With SunFuel Electric To Facilitate EV Charging At Its Properties
Nov 27, 2021 05:27 PM
SunFuel Electric targets to provide charging solutions at destinations where people generally spend longer hours.
Geely Unit Lotus Tech Aims To Raise Up To $500 Million In Funds: CFO
Nov 27, 2021 04:04 PM
The company will launch its first product - an electric sports utility vehicle - in the first quarter of next year and aims to have three models within the next five years.
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