Polestar 4 electric SUVs destined for North America will be built at a Renault plant in Busan, South Korea, alongside a previously announced assembly plant in China. Revealed Thursday by Renault and then confirmed by Polestar the following day, the arrangement will see manufacturing in South Korea start in the second half of 2025, following…
The long-awaited market launch of the Tesla Cybertruck on Nov. 30 is just around the corner. But anyone who planned on reselling theirs for a quick buck got some bad news this weekend. This weekend, avid Cybertruck-watchers spotted the recently updated Motor Vehicle Order Agreement Terms & Conditions for the U.S. market on Tesla’s website. And in…
Polestar confirmed the next step in diversifying its manufacturing footprint. Manufacturing of Polestar 4 in Hangzhou Bay, China, will be complemented with manufacturing in Busan, South Korea, expected to start during the second half of 2025. An agreement has been reached between Polestar, Geely Holding and Renault Korea Motors (RKM), that will bring contract manufacturing…
Toyota will invest an additional $8 billion in its first North American electric vehicle battery manufacturing facility, announced the Economic Development Partnership of North Carolina, adding another 3,000 jobs. The project, dubbed “Toyota Battery Manufacturing North Carolina” (TBMNC) was first announced as a $1.29 billion investment in 2021, with expansions in 2022 and 2023. Now…
In the rapidly evolving landscape of automotive technology, electric vehicles (EVs) have captured the attention of consumers seeking sustainable and efficient modes of transportation. With 9% of U.S. adults already embracing hybrid or electric vehicles, their firsthand experiences provide valuable insights into the realities of EV ownership. Here are seven eye-opening insights from current electric…
Korean news agency Yonhap reports that LG Energy Solution, Ford, and Koç Holding scrap plans to build an EV battery JV in Türkiye. Earlier this year, on February 22, the three companies signed a non-binding Memorandum of Understanding (MoU) to form a new joint venture to create one of Europe’s largest commercial electric vehicle battery…
Hyundai Motor Company today held a groundbreaking ceremony for a new electric vehicle plant at its complex in Ulsan, the heart of Korea’s automotive industry. The new EV-dedicated plant will lay the foundation for future growth in the era of electrification while building on the dream first established by Hyundai Motor’s Founding Chairman more than…
Hyundai Motor Company today held a groundbreaking ceremony for a new electric vehicle (EV) plant at its complex in Ulsan, the heart of Korea’s automotive industry. The new EV-dedicated plant will lay the foundation for future growth in the era of electrification while building on the dream first established by Hyundai Motor’s Founding Chairman more…
Valeo offers solutions to meet the needs of all road users and is a global leader in powertrain electrification. New Delhi: Valeo, a leader in mobility technology and in the electrification of mobility, has collaborated with Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, to provide electric powertrain for a certain range of its Born…
After the discontinuation of MPSRTC, requests for improved public transportation in rural regions began to surface. “Ideally, a bus journey from here to my village should take eight hours, but since there is no direct bus, I will have to change buses in Indore,” Patidar adds. “Private buses charge arbitrary fares. Many times, drivers halt…
