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Electric Mobility

Reuters
Oct 27, 2022, 5:22 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.
1 Min
Reuters | Oct 27, 2022BMW Invests $1.7 Billion To Build Electric Vehicles In U.SBMW 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.2 mins read
Reuters | Oct 27, 2022Hyundai Breaks Ground On $5.5 Billion U.S. EV, Battery PlantHyundai 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.2 mins read
Sahil Gupta | Oct 27, 2022Maserati Teases First Electric GranCabrio Convertible EV PrototypeThere aren't many electric convertibles doing the rounds which makes the GranCabrio very unique.1 min read
Reuters | Oct 27, 2022As Carmakers Unveil New EVs, France Ups Subsidies For Poorer BuyersRenault and Stellantis unveiled new French-made electric vehicles (EVs) at the Paris Motor Show.2 mins read
Reuters | Oct 27, 2022A Foxconn Tesla? Taiwan Tech Giant Targets 5% Of EV Manufacturing By 2025Foxconn said it hopes to one day make cars for Tesla as it ramps up EV manufacturing, in a strategy to diversify its business.2 mins read
Reuters | Oct 27, 2022Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 OutlookFoxconn said it was "cautiously optimistic" about its fourth-quarter revenue outlook after reporting record-breaking September sales.2 mins read
Reuters | Oct 27, 2022Hyundai To Launch $5.5 Billion U.S. EV Plant, As New Law Dims Sales OutlookHyundai will break ground on a $5.54 billion electric vehicle 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.2 mins read
Reuters | Oct 27, 2022Toyota To Produce Electric Car Powered By BYD Batteries In ChinaToyota announced the launch of a small electric sedan, which will be powered by BYD batteries.1 min read
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