Latest News

Latest News

Stellantis' four new EV platforms to each support 2 mln vehicles a year-exec

Stellantis' four new EV platforms to each support 2 mln vehicles a year-exec

Wednesday, October 27, 2021

TURIN, Italy, Oct 27 (Reuters) - Stellantis' (STLA.MI) four new electrified platforms are expected to each underpin the production of 2 million vehicles a year, the automaker's head for Italy said on Wednesday.

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General Motors gives its U.S. dealers 40,000 EV charging outlets for public use

General Motors gives its U.S. dealers 40,000 EV charging outlets for public use

Tuesday, October 26, 2021

General Motors plans to enable its dealers to install up to 40,000 electric-vehicle charging outlets in communities throughout the U.S.

The move would equal a one-third increase in the number of publicly available charging ports in the U.S. There are currently some 120,000 outlets on more than 50,000 stations across the nation, according to the Department of Energy.

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Hertz to buy 100,000 Tesla cars as rental car company pivots toward electric vehicles

Hertz to buy 100,000 Tesla cars as rental car company pivots toward electric vehicles

Monday, October 25, 2021

Having survived a brush with death, Hertz is aiming for an electric rebirth.

The rental car company, which filed for Chapter 11 bankruptcy protection early in the COVID-19 pandemic, announced Monday that it plans to buy 100,000 cars from Tesla by the end of 2022 in a pivot toward electric vehicles.

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SemaConnect launches its first home charging station

SemaConnect launches its first home charging station

Wednesday, October 20, 2021

Charging infrastructure provider SemaConnect, usually in the B2B area, presents its first consumer product, the Series 4 EV Home Charger. The company has opened the order books for the Level 2 charging station and expects shipping to start in December.

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Automakers step up pace on electric vehicle battery plants

Automakers step up pace on electric vehicle battery plants

Monday, October 18, 2021

DETROIT (AP) — Global automakers and tech companies are stepping up the pace when it comes to building factories and prepare for what many believe will be a fast-moving transition from internal combustion engines to electric vehicles.

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Honda to launch new EV brand in China next year

Honda to launch new EV brand in China next year

Wednesday, October 13, 2021

BEIJING, Oct 13 (Reuters) - Japan's Honda Motor (7267.T) will launch a new electric vehicle brand in China next year, it said on Wednesday, and will only launch battery electric, hydrogen fuel-cell or petrol-electric hybrid vehicles there from 2030.

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GM settles $2 bln Bolt EV recall cost deal with S.Korea's LG

GM settles $2 bln Bolt EV recall cost deal with S.Korea's LG

Tuesday, October 12, 2021

SEOUL, Oct 12 (Reuters) - General Motors Co (GM.N) said on Tuesday its battery partner, South Korea's LG Electronics Inc (066570.KS), had agreed to reimburse it for the $2 billion estimated in costs and expenses associated with the recall of Bolt electric vehicles.

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GM-backed Cruise targets 1 million self-driving vehicles by 2030

GM-backed Cruise targets 1 million self-driving vehicles by 2030

Thursday, October 7, 2021

DETROIT – Cruise, General Motors’ majority-owned autonomous vehicle subsidiary, is targeting a fleet of at least 1 million self-driving vehicles by 2030.

During a GM investor event Wednesday, Cruise CEO Dan Ammann showed a graphic of the division’s “exponential Cruise fleet ramp.” The graph pointed to Cruise scaling its operations 1 million or more vehicles by the end of the decade.

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GM aims to double revenues by 2030 as it drives to pass Tesla

GM aims to double revenues by 2030 as it drives to pass Tesla

Thursday, October 7, 2021

DETROIT, Oct 6 (Reuters) - General Motors Co (GM.N) Chief Executive Mary Barra told investors on Wednesday that the automaker plans to double revenue by 2030, expanding profits from combustion vehicles even as it rolls out new electric vehicles and new digitally powered services to catch up with Tesla Inc (TSLA.O).

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GM, GE look to develop rare earth materials supply chain

GM, GE look to develop rare earth materials supply chain

Wednesday, October 6, 2021

General Motors and General Electric are looking at developing a supply chain of rare earth materials that help make electric vehicles and renewable energy equipment.

The companies said Wednesday that the memorandum of understanding between the automaker and GE Renewable Energy will evaluate options to improve supplies of heavy and light rare earth materials as well as magnets, copper and electrical steel.

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