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Category: Motorized Vehicle


Industry Focus Areas, Motorized Vehicle

VW outlines launch plans for first member of new EV family

May 21, 2019

Via: Automotive News

The Volkswagen brand is getting ready to launch what may eventually become the industry’s top-selling family of electric vehicles. The first model will be the ID3, a hatchback similar in size to the Golf. VW brand’s sales and marketing director, […]


Industry Focus Areas, Motorized Vehicle, Regulations

Toyota Says Trump Sent Message Carmaker ‘Not Welcomed’

May 20, 2019

Via: Industry Week

Toyota Motor Corp. rebuked President Donald Trump’s declaration that imported cars threaten U.S. national security, signaling contentious talks are ahead for the White House and America’s key trading partners. In an unusually strong-worded statement, Japan’s largest automaker said Trump’s proclamation […]


Industry Focus Areas, Motorized Vehicle, Regulations

Trump delays tariffs on imported autos for six months

May 17, 2019

Via: Automotive News

WASHINGTON — The White House said on Friday that President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with […]


Industry Focus Areas, Motorized Vehicle

Hyundai, Kia buy stake in electric supercar company Rimac

May 15, 2019

Via: Automotive News

Hyundai and sister company Kia have jointly invested 80 million euros ($90 million) in the Croatian electric supercar maker Rimac Automobili. Hyundai will invest 64 million euros and Kia the remaining 16 million, the companies said in a news release. […]


Energy, Industry Focus Areas, Motorized Vehicle

Statkraft to expand electric vehicle charging in Germany and Britain

May 9, 2019

Via: Reuters

The electric vehicle (EV) charging business is a growing market for utilities and Nordic competitors Fortum and Vattenfall have boosted their presence with several acquisitions and cooperation across Europe. “We are looking at EV charging companies in Germany and we […]


Industry Focus Areas, Motorized Vehicle

Tesla closes $2.7 billion mixed offering of shares, debt

May 8, 2019

Via: Reuters

(Reuters) – Tesla Inc said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production. Tesla sold about $860 million […]


Energy, Industry Focus Areas, Motorized Vehicle

European Alliance to Invest $6.7 Billion in Electric Car Batteries

May 7, 2019

Via: Industry Week

European governments and companies will form an alliance for developing next-generation batteries for electric vehicles, investing five to six billion euros (US$6.7 billion) in the project, the French and German finance ministers said on May 2. France’s Bruno Le Maire […]


Industry Focus Areas, Motorized Vehicle

Auto group tries to steer Colorado clear of California ZEV rules

May 7, 2019

Via: Reuters technology

In January, Colorado Governor Jared Polis signed an executive order directing the state to adopt California’s ZEV rules, joining nine other U.S. states including Maryland, Massachusetts, New Jersey, New York and Oregon. His order said the formal rules to adopt […]


Industry Focus Areas, Motorized Vehicle

Tesla’s China plant takes shape as key to Musk’s future ambitions

April 29, 2019

Via: Automotive News

SHANGHAI — Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric-car market. Foundations for the plant have been laid, and construction […]


Industry Focus Areas, Logistics, Motorized Vehicle, Process

Fiat Chrysler CEO 100% sure carmaker can survive tech disruption

April 29, 2019

Via: Automotive News

Fiat Chrysler Automobiles is a “house of brands” and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing from the rise of electric and self-driving cars, CEO Mike Manley […]