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Tesla Rolls Out First Cybertruck After Two-Year Delay: All Details
US automaker Tesla on Saturday announced that its first electric pickup -- a slick-looking silver Cybertruck -- had rolled off the assembly line at its huge plant near Austin, Texas, after almost two years of delay.
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Ford Executes Settlement Agreement With Workers In Tamil Nadu Plant
Ford India, the subsidiary of the US car maker Ford on Saturday said it has concluded negotiations on the 'severance settlement package' with the employees of its manufacturing plant near here, a year after it announced that it would exit the Indian market as part of the company's 'restructuring exercise.'
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Volkswagen Begins Work on First In-House Battery Factory; Aims to Take on US, China Rivals
Volkswagen has begun working on its first in-house battery factory on Thursday, part of a plan by the German automaker to compete with rivals in the US and China. The company has invested a total of EUR 46 billion (roughly Rs. 3,69,900 crore) as part its ambitious goal of becoming the world's biggest electric car manufacturer by 2025. Legacy carmak...
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Hyundai Invests $ 5.54 Billion In New EV Plant and Battery Manufacturing Facility In The U.S.
The new EV plant and battery manufacturing facilities from Hyundai represent an investment of approximately USD 5.54 billion and will break ground in early 2023.
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Ford Suspends Or Cuts Output At Plants Due To Chip Shortage
The U.S. automaker will idle production at its Ohio Assembly Plant as well as the production line for the Transit van at its Kansas City Assembly Plant, spokeswoman Kelli Felker said in an email.
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Ford, Volvo Join Redwood In EV Battery Recycling Push In California
The automakers will join battery recycling startup Redwood Materials in developing processes, starting in California, to collect end-of-life batteries from electric and hybrid vehicles and recover the materials for use in new batteries.
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Nissan Plans EVs For Mississippi, Scouts For A US Battery Plant
Nissan said it plans to assemble electric vehicles for its Nissan and Infiniti brands in Mississippi starting in 2025 and aims to have electric vehicles make up 40 per cent of its US sales by 2030.
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Texas Wins Contest To Host Samsung's New $17 Billion Chip Plant
Samsung Electronics Co Ltd said on Wednesday it had picked Taylor, Texas as the location for a new $17 billion plant to make advanced chips for functions such as mobile, 5G, high-performance computing and artificial intelligence.
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Toyota To Invest $461 Million In Kentuky Plant
To help create space for future products and to better align with U.S. market demand, production of the Lexus ES and Lexus ES Hybrid will shift from the facility
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Taiwanese iPhone Supplier Foxconn Announces Entry into EV Market, Shows 3 Concept Vehicles
Foxconn, the largest assembler of iPhone models, has announced its entry into the electric vehicles market. It has showcased three EVs and has said that it will produce cars and buses for brands in several geographies including China, North America, and Europe.
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Why US Carmaker Ford Motor Is Shutting Manufacturing Plants In India
After operating for 25 years in India, American auto major Ford Motor Co has decided to pull the plug on local manufacturing. The US automaker said that it would "take a hit of about $2 billion as it does not see a path to profitability in India."
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Hyundai's Alabama Plant Achieves Production Milestone Of 5 Million Units
The Hyundai Santa Cruz Sport adventure vehicle is the 5 millionth car to roll out from the Hyundai's Alabama plant in the US.
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Fisker Finalises Deal With Foxconn To Make EVs In U.S. Starting In 2023
Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023.
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Tesla Puts Brake On Shanghai Land Buy As U.S.-China Tensions Weigh: Report
U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.
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General Motors Shuts Three Plants Due To Semiconductor Shortage
Starting next week, GM will suspend output at a US factory in Kansas, another in the Canadian province of Ontario and a third in San Luis Potosi, Mexico
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Tesla Rolls Out First Cybertruck After Two-Year Delay: All Details
US automaker Tesla on Saturday announced that its first electric pickup -- a slick-looking silver Cybertruck -- had rolled off the assembly line at its huge plant near Austin, Texas, after almost two years of delay.
-
Ford Executes Settlement Agreement With Workers In Tamil Nadu Plant
Ford India, the subsidiary of the US car maker Ford on Saturday said it has concluded negotiations on the 'severance settlement package' with the employees of its manufacturing plant near here, a year after it announced that it would exit the Indian market as part of the company's 'restructuring exercise.'
-
Volkswagen Begins Work on First In-House Battery Factory; Aims to Take on US, China Rivals
Volkswagen has begun working on its first in-house battery factory on Thursday, part of a plan by the German automaker to compete with rivals in the US and China. The company has invested a total of EUR 46 billion (roughly Rs. 3,69,900 crore) as part its ambitious goal of becoming the world's biggest electric car manufacturer by 2025. Legacy carmak...
-
Hyundai Invests $ 5.54 Billion In New EV Plant and Battery Manufacturing Facility In The U.S.
The new EV plant and battery manufacturing facilities from Hyundai represent an investment of approximately USD 5.54 billion and will break ground in early 2023.
-
Ford Suspends Or Cuts Output At Plants Due To Chip Shortage
The U.S. automaker will idle production at its Ohio Assembly Plant as well as the production line for the Transit van at its Kansas City Assembly Plant, spokeswoman Kelli Felker said in an email.
-
Ford, Volvo Join Redwood In EV Battery Recycling Push In California
The automakers will join battery recycling startup Redwood Materials in developing processes, starting in California, to collect end-of-life batteries from electric and hybrid vehicles and recover the materials for use in new batteries.
-
Nissan Plans EVs For Mississippi, Scouts For A US Battery Plant
Nissan said it plans to assemble electric vehicles for its Nissan and Infiniti brands in Mississippi starting in 2025 and aims to have electric vehicles make up 40 per cent of its US sales by 2030.
-
Texas Wins Contest To Host Samsung's New $17 Billion Chip Plant
Samsung Electronics Co Ltd said on Wednesday it had picked Taylor, Texas as the location for a new $17 billion plant to make advanced chips for functions such as mobile, 5G, high-performance computing and artificial intelligence.
-
Toyota To Invest $461 Million In Kentuky Plant
To help create space for future products and to better align with U.S. market demand, production of the Lexus ES and Lexus ES Hybrid will shift from the facility
-
Taiwanese iPhone Supplier Foxconn Announces Entry into EV Market, Shows 3 Concept Vehicles
Foxconn, the largest assembler of iPhone models, has announced its entry into the electric vehicles market. It has showcased three EVs and has said that it will produce cars and buses for brands in several geographies including China, North America, and Europe.
-
Why US Carmaker Ford Motor Is Shutting Manufacturing Plants In India
After operating for 25 years in India, American auto major Ford Motor Co has decided to pull the plug on local manufacturing. The US automaker said that it would "take a hit of about $2 billion as it does not see a path to profitability in India."
-
Hyundai's Alabama Plant Achieves Production Milestone Of 5 Million Units
The Hyundai Santa Cruz Sport adventure vehicle is the 5 millionth car to roll out from the Hyundai's Alabama plant in the US.
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Fisker Finalises Deal With Foxconn To Make EVs In U.S. Starting In 2023
Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023.
-
Tesla Puts Brake On Shanghai Land Buy As U.S.-China Tensions Weigh: Report
U.S. electric car maker Tesla Inc has halted plans to buy land to expand its Shanghai plant and make it a global export hub, people familiar with the matter said, due to uncertainty created by U.S.-China tensions.
-
General Motors Shuts Three Plants Due To Semiconductor Shortage
Starting next week, GM will suspend output at a US factory in Kansas, another in the Canadian province of Ontario and a third in San Luis Potosi, Mexico
