Auto Industry News

Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion
Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.

Long Petrol Queues In Tunisia Stir Anger After Promise Of Fuel Deliveries
Oct 27, 2022 06:02 PM
Many petrol stations started running out of fuel over the weekend as imports slowed and national supplies dropped, leading to lines of cars stretching kilometres in some places, causing bad traffic in Tunisian cities.

Hyundai's Air Taxi Unit Picks Honeywell As Avionics Supplier
Oct 27, 2022 05:41 PM
Under the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.
Ukraine To Impose Electricity Supply Restrictions 
Oct 27, 2022 05:30 PM
Ukraine has started restricting electricity supplies across the country after Russia knocked out more power plants.

Slovakia's InoBat Eyes Electric Car Battery Plant In Spain
Oct 27, 2022 05:22 PM
The declaration is not a finalised agreement and other locations, including the United Kingdom, remain under consideration for its Western European gigafactory, the company added in a statement, explaining that it plans to make a decision on the location before the end of the year.

BMW Invests $1.7 Billion To Build Electric Vehicles In U.S
Oct 27, 2022 05:15 PM
BMW said it was making a new $1 billion investment in its Spartanburg, South Carolina plant to prepare for EV production and will spend $700 million on a new high-voltage battery assembly facility in nearby Woodruff, South Carolina, and create at least 300 jobs.

TVS To Launch New "Racer’s Choice" Motorcycle on September 8
Oct 27, 2022 04:05 PM
New model likely to be a new variant of the company’s Apache range.

Hyundai Breaks Ground On $5.5 Billion U.S. EV, Battery Plant
Oct 27, 2022 03:12 PM
Hyundai broke ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States, as South Korea's biggest automaker grapples with an uncertain outlook for its EV sales in its top market.

Honda To Cut Car Output At Two Japanese Plants In October
Oct 27, 2022 01:55 PM
Two lines at Honda's Suzuka plant in western Japan will cut production by about 20% in October, while its assembly plant in Saitama prefecture, north of Tokyo, will lower production plans by about 40% for the month.

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