Industry

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  Nissan goes into "emergency mode": Cuts 9,000 jobs, sells Mitsubishi shares, may delay some planned new models

  Nissan's CEO Makoto Uchida announced big changes to help the company through tough times. The carmaker plans to cut costs by letting go of workers and making fewer cars.

  Evgenii Ushakov

  Nov. 8, 2024, 4:35 p.m.
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  Toyota Motor Europe opens a mega hub in Czech Republic

  Toyota Motor Europe has opened its first vehicle logistics mega hub in Kolin, Czech Republic. The new facility will process up to 350,000 vehicles each year and serve customers in Germany, Austria, Czech Republic, Slovakia, Hungary, and Poland.

  Evgenii Ushakov

  Nov. 8, 2024, 1:16 p.m.
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  Harley-Davidson's LiveWire brand to launch electric maxi scooter in 2026

  LiveWire and KYMCO are joining forces to create an electric maxi-scooter. The two companies plan to launch their new product in Europe during the first half of 2026.

  Evgenii Ushakov

  Nov. 6, 2024, 1:57 p.m.
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  GM surges past 300,000 EVs sold in the U.S.

  General Motors has reached a big milestone in its push to sell more electric cars. The company has now sold over 300,000 EVs in the U.S. since 2016.

  Evgenii Ushakov

  Nov. 6, 2024, 10:05 a.m.
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  German automotive parts supplier Schaeffler announces 4,700 job cuts in Europe

  Schaeffler, a German automotive supplier, plans to cut 4,700 jobs across its European operations. The company announced this decision on November 5, in response to the challenging market environment and increasing global competition.

  Evgenii Ushakov

  Nov. 6, 2024, 9:37 a.m.
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  Michelin to close two tire factories in France

  Michelin will close two tire factories in France. The company told 1,254 workers at the Cholet and Vannes plants that production will stop by early 2026.

  Evgenii Ushakov

  Nov. 5, 2024, 3:03 p.m.
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  Kia sets new EV sales record in the USA

  Kia America achieved both its best-ever October sales, with 68,908 units sold, and best-ever October dealer sales. These records were driven by impressive growth and standout performances across its lineup of electrified vehicles and SUVs.

  Evgenii Ushakov

  Nov. 5, 2024, 2:23 p.m.
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  Jaguar Land Rover reports growing demand for plug-in hybrid models

  JLR has reported a sharp rise in the sales of its plug-in hybrid models, with global retail sales for the first half of the financial year up 29% compared to the prior year, as more customers use the technology as a stepping stone towards battery electric vehicles.

  Evgenii Ushakov

  Nov. 4, 2024, 11:10 a.m.
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  Nissan’s e-POWER vehicle production passes 1.5 million milestone

  Nissan has announced that it has produced over 1.5 million e-POWER vehicles as of the end of October. Now, you can find e-POWER vehicles in 68 markets around the world.

  Evgenii Ushakov

  Nov. 4, 2024, 9:33 a.m.
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  Volkswagen launches "VW Flex" vehicle subscription service. How it works?

  VW Flex is a vehicle subscription service for Volkswagen vehicles in the Atlanta area.

  Evgenii Ushakov

  Nov. 1, 2024, 3:27 p.m.
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  Ford halts production of F-150 Lightning amid falling demand

  Ford is hitting the brakes on its electric F-150 Lightning production. The company says it'll stop making the trucks for almost two months, starting November 15, 2023, and going until January 6, 2025.

  Evgenii Ushakov

  Nov. 1, 2024, 10:43 a.m.
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  Jaguar stops selling new cars in the UK as F-Pace axed from line-up

  Jaguar has stopped selling new cars in the UK. The company made this decision as part of a big change coming up in 2026.

  Evgenii Ushakov

  Nov. 1, 2024, 10:10 a.m.
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  Chinese battery maker SVOLT cancels plans for two German factories

  Chinese EV battery maker SVOLT has announced that it will close its European operations in January and abandon plans for two manufacturing facilities, blaming slumping sales across Europe and rising trade tensions for the abrupt withdrawal.

  Evgenii Ushakov

  Oct. 31, 2024, 12:24 p.m.
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  More than 17,800 Tesla Supercharger stations now available for Volvo electric cars

  Volvo electric car owners in the U.S. and Canada can now charge up at Tesla Supercharger stations. This move adds 17,800 charging locations for Volvo EV drivers, making their lives a bit easier.

  Evgenii Ushakov

  Oct. 31, 2024, 9:57 a.m.
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  EU imposes tariffs on electric cars from China

  The European Commission concluded its anti-subsidy investigation by imposing definitive countervailing duties on imports of battery electric vehicles (BEVs) from China for a period of five years.

  Evgenii Ushakov

  Oct. 30, 2024, 3:33 p.m.
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  Ford, LG set to move EV battery production from Poland to Michigan

  Ford and LG Energy Solution have struck a deal to move battery production for the Ford Mustang Mach-E from Poland to Michigan in 2025.

  Evgenii Ushakov

  Oct. 28, 2024, 6:22 p.m.
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  Hurricanes flooded 350,000 cars in the U.S. this year. Now they are on their way to the used-car market

  Floods from the 2024 hurricane season damaged nearly 350,000 cars, and many of them are now heading to used car markets across the United States.

  Evgenii Ushakov

  Oct. 28, 2024, 2:35 p.m.
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  Ford CEO Jim Farley drives a Xiaomi SU7 EV every day and loves it

  Ford CEO Jim Farley has been driving a Chinese electric car for the past six months. He's not keen on giving it up.

  Evgenii Ushakov

  Oct. 24, 2024, 1:20 p.m.
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  Mercedes-Benz battery recycling plant reclaims 96% of materials for future EVs

  Mercedes-Benz just opened a battery recycling plant in southern Germany. The new facility in Kuppenheim will recover almost all raw materials from old batteries to use in future electric vehicles.

  Evgenii Ushakov

  Oct. 22, 2024, 3:09 p.m.
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  BMW is now making batteries for EVs with the help of two powerful electric trucks

  BMW Group Plant Leipzig has started using two electric trucks to move parts around its factory. These trucks take components from the warehouse to where they make high-voltage batteries.

  Evgenii Ushakov

  Oct. 21, 2024, 11:26 a.m.