The Genesis GV90, a “super-large” electric SUV destined for the U.S., will be built in South Korea starting in 2026, Korean Car Blog reported this week. Genesis parent Hyundai on Monday held a groundbreaking ceremony for a new EV-specific plant in Ulsan, South Korea. The automaker said the plant will start mass-producing vehicles in 2026,…
With cities introducing clean city zones and companies stepping up their sustainability ambitions, zero emission trucks that can meet all needs for city transports and logistics are more relevant than ever before. To meet these demands, Volvo Trucks presents its updated electric medium duty trucks – the Volvo FL and FE. The Volvo FL and…
Toyota Motor Europe (TME) has started production of the all-new Toyota C-HR, including its first European battery assembly, at its plant in Sakarya, Turkey. With a new investment of €308 million injected into its manufacturing facilities, Toyota Motor Manufacturing Turkey (TMMT) is Toyota’s first European plant to produce plug-in hybrid vehicles. When first introduced, the…
The new 1.5-million-square-foot North Carolina facility will produce anodes and synthetic graphite, two components vital to the EV battery supply chain. Quad Investors Network on Tuesday announced its collaboration with India-based battery materials company Epsilon Advanced Materials, which recently decided to build a USD 650 million battery materials and components plant in North Carolina. The…
BASF and SK On have entered into an agreement to jointly evaluate collaboration opportunities in the global lithium-ion battery market focused on North America and Asia-Pacific. The collaboration brings together strong business and product development capabilities to develop industry-leading battery materials for lithium-ion batteries. BASF and SK On’s initial focus will be evaluating collaboration options…
Ampere is an autonomous company that designs, engineers, manufactures, and markets electric passenger cars under the Renault brand in Europe. On November 1st, 2023, the establishment of the company was fully completed. It now includes 11,000 employees, of which 35% are engineers, focusing on EV and software technologies. Ampere benefits from strong assets for which…
National Business Daily has managed to obtain some information about the current state of affairs and production schedule of Xiaomi’s first EV. According to the news outlet, on November 8th, Xiaomi held a closed-door meeting with partners that’s been highly confidential with no options for official news reports. A few days later, NBD interviewed a…
Warning and support in the event of acute accident risk Mercedes-Benz introduced the first Brake Assist System (BAS) back in 1996. In 2005, radar technology was used to enhance the brake assist system by making it anticipatory. With more than 40 active assistance systems currently available, Mercedes-Benz is making a decisive contribution to increasing the…
China’s copper smelting capacity will increase by another 45% by 2027, accounting for 61% of expected new plants around the world in that period. China is in the midst of a breakneck expansion of its copper industry that’s reshaping global flows of the essential metal for the world’s energy transition. The smelter build-up will be…
Denso reiterated an October commitment to invest about 500 billion yen in semiconductors by 2030. Japanese automotive supplier Denso aims to increase its revenue from electrification to 1.2 trillion yen ($7.97 billion) by the 2025 business year and 1.7 trillion yen by the turn of the decade, the company said on Wednesday. Denso aimed to…
