by Michael Strong | Dec 9, 2019
General Motors’ closure of its Lordstown, Ohio plant met with much criticism, but the company seems to looking to provide a soft landing for the folks who seemed to depend on it financially as the company revealed it’s providing the new owners of the site with a $40...
by Paul A. Eisenstein | Dec 5, 2019
Hyundai Motor Co. wants to transform itself into a “smart mobility solution provider” by 2025, and it is committing $52 billion to get there. The “Strategy 2025” program will see a significant amount of that money invested in electrifying its line-up – a move that...
by Paul A. Eisenstein | Dec 5, 2019
General Motors is teaming up with supplier LG Chem to form a new joint venture that will see them invest “up to” $2.3 billion to produce batteries for GM’s planned wave of battery-electric vehicles. The project will get underway with the construction of a new...
by Paul A. Eisenstein | Dec 3, 2019
With the world’s most aggressive EV mandates in place, China has become the largest market for plug-based vehicles, and demand could ramp up even more rapidly if government regulators follow through on a proposal that would call for 25% of the new vehicles sold there...
by Joseph Szczesny | Dec 3, 2019
BMW Group is making a big investment to build a battery-electric vehicle in one of its flagship assembly plants in Southern Germany that produces some of its most expensive models. The German automaker said it plans to spend around 400 million euros, nearly $445...
by Michael Strong | Dec 2, 2019
Mercedes-Benz has been steadily withdrawing from participating in auto shows around the world, the latest being the 2020 New York International Auto Show in April. Now New York joins Detroit and Chicago on the list of major North American shows the German automaker...
by Michael Strong | Dec 2, 2019
Turns out that Elon Musk is quite the movie buff … and he likes action films. Musk recently unveiled Tesla’s newest vehicle, Cybertruck. The truck features some polarizing exterior styling. The truck, which could be described as wedge shaped, met with a chorus of...
by Paul A. Eisenstein | Dec 2, 2019
Volkswagen’s menacing ID.R racer has set five records in four countries, on three continents, everywhere from Pike’s Peak to the Nurburgring, as well as the annual Goodwood Festival of Speed – so it came as no surprise when it was named the “Electric Race Car of the...
by Paul A. Eisenstein | Nov 29, 2019
BMW is abandoning the range-extending version of its i3 city car, the automaker has confirmed, a senior executive saying the concept “has no future” as the Bavarian automaker prepares to expand its all-electric line-up. First introduced in 2014, the REx version of the...
by Michael Strong | Nov 27, 2019
It was big news when Ford Motor Co. announced it was partnering with Volkswagen on several projects, in particular electric vehicles. However, Ford’s first two EVs since that partnership haven’t involved the German automaker at all. The new Mustang Mach-E was...
by Paul A. Eisenstein | Nov 26, 2019
General Motors is “on track” to meet its goal of having 20 battery-electric vehicles in production by 2023, a senior executive said, despite the fact that it hasn’t introduced a new BEV since launching the Chevrolet Bolt EV three years ago. Expect to see a flood of...
by Michael Strong | Nov 26, 2019
If Elon Musk was looking to pick a fight during the introduction of the new Cybertruck by taking some verbal swipes at Ford and showing a Cybertruck beating a Ford F-150 in a tug-of-war, pulling it up hill even, it’s on! Well … kinda, maybe. During the presentation of...
