General Motors targets EV production in North America to reach 400,000 by mid-2024
In February 2022, GM CEO Mary Barra said that the auto giant is aiming to ship...
Saudi Arabia and Lucid Motors to manufacture, export 150,000 electric vehicles in 2026: Minister
Minister of Communication and Information Technology of Saudi Arabia Abdullah Al-Swaha said that his country will...
Semiconductor chain to remain ‘complicated’ until end 2023, says Stellantis boss
The boss of the Stellantis group, Carlos Tavares, expects the semiconductor chip supply chain to remain...
Canada and South Korea seek deeper cooperation on key minerals in EV batteries production
Canadian Prime Minister Justin Trudeau and South Korean President Yoon Suk-yeol agreed to deepen cooperation in...
Volkswagen predicts shortage of semiconductor chips to continue into 2023
During the Covid-19 pandemic that has been going on since 2020, one of the biggest challenges...
GM to invest $760 million to convert plant in Ohio for electric vehicle parts production
General Motors said it would invest $760 million in its Toledo, Ohio, plant to produce drive...
Stellantis considering building EV plant site in Mexico
Stellantis is considering investing billions of dollars to build an electric vehicle production base in Mexico....
Hyundai selects BorgWarner compact electric drive systems for A-segment (small size) EV
BorgWarner announced a partnership with South Korean auto giant Hyundai Motor Company on Wednesday, August 10....
Automakers reporting lower demand in Europe and North America amid inflation squeeze
A number of car manufacturers claim to have experienced a decline in demand in the European...
Xiaomi EV project hits regulatory barrier
A report reveals that Xiaomi is having difficulty getting permits in the development of its first...
