Browsing: Automotive Manufacturing
Geely has produced its one-millionth Xingyuan electric car, reaching the milestone approximately two years after the compact EV entered the…
Foxconn will invest ¥115 billion (approximately US$727 million) to acquire a 50% stake in Mitsubishi Electric Mobility (MEM), establishing a…
BYD Malaysia has appointed Inokom Corporation Sdn Bhd, a subsidiary of Sime Darby Bhd, as its local assembly partner for…
BMW plans to invest more than €100 million in a new manufacturing facility for inverter power module components at its…
BYD is considering France as a potential location for another European manufacturing plant as the Chinese automaker seeks to strengthen…
Volkswagen CEO Oliver Blume has warned that Europe’s mass-market automotive industry is under increasing pressure from Chinese competition and changing…
Chinese electric vehicle manufacturer Xpeng is considering expanding its European production capacity beyond its existing contract manufacturing arrangement with Magna…
Xpeng aims to sell 1 million vehicles annually worldwide by 2030, with Europe expected to account for approximately 500,000 units,…
Renault plans to invest more than €10 billion in France over the next five years, with a significant portion of…
Toyota Motor plans to invest $1.34 billion in Argentina to develop a new plant for fully electrified vehicles, in what…
Bosch plans to cut 900 jobs at its Nuremberg plant in Germany, adding to previously announced reductions across the company…
GAC Group plans to issue shares to acquire China FAW’s 50% stake in FAW Toyota, a transaction that would bring…
Renault plans to invest €600 million by 2030 to modernize its manufacturing facilities in Valladolid and Palencia, Spain. The investment…
Skoda Auto has begun series production of the Peaq, its largest battery-electric model to date, at its main manufacturing plant…
Volkswagen Tianjin has signed a memorandum of understanding with Chinese supplier Leadrive Technology to jointly develop silicon carbide power modules…
BMW has started series production of the new all-electric BMW i3 at its main plant in Munich, marking the launch…
FAW-Volkswagen’s Jetta brand has released the first official preview of the Jetta M6, marking the debut of the brand’s first…
Ford and Geely have announced plans to establish a joint manufacturing company in Spain to produce new vehicles for the…
Guangzhou Automobile Group (GAC) has produced its 30 millionth vehicle, marking the milestone with a ceremony at its manufacturing facility…
Mercedes-Benz will unveil the third-generation GLA at the end of July, introducing an electric-first version of its compact SUV as…