Industry

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  GM Buys Key Tesla Gigacasting Supplier

  General Motors (GM) has discreetly acquired a gigacasting firm, Tooling & Equipment International (TEI), previously utilized by Tesla in their groundbreaking approach to reducing manufacturing expenses by casting large vehicle body parts.

  Evgenii Ushakov

  Nov. 17, 2023, 11:40 a.m.
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  Amazon to launch online vehicle sales in the U.S., starting with Hyundai in 2024

  In 2024, as you browse Amazon for everyday items like water cases, headphones, and rechargeable batteries, you will also have the option to purchase a Hyundai vehicle. This comes as a result of Hyundai's partnership with the online retail giant, marking a significant shift in car sales methods.

  Evgenii Ushakov

  Nov. 17, 2023, 10:26 a.m.
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  Volkswagen electrifies Vatican fleet with 40 all-electric models from its ID. family

  Volkswagen is supporting the Vatican City State in its transition towards sustainable mobility. At the beginning of 2024, the company will deliver just under 40 fully electric models from its ID. family, ranging from the ID.3 to the ID.4 and ID.5.

  Evgenii Ushakov

  Nov. 16, 2023, 7:07 p.m.
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  Renault will have 7 electric vehicles in their lineup that were developed and built in Europe by Ampere.

  Renault's Ampere, an independent unit dedicated to developing EVs and software for the European market, revealed new details about its plans during its Market Day presentation.

  Evgenii Ushakov

  Nov. 16, 2023, 12:01 p.m.
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  Mercedes-Benz launches first 400-kW fast charging hub in North America

  The first Mercedes-Benz Charging Hub in North America is located at the Mercedes-Benz USA headquarters in Sandy Springs, Georgia. Hub open to drivers of all brands of electric vehicles.

  Evgenii Ushakov

  Nov. 16, 2023, 11:08 a.m.
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  German auto industry association VDA pushes for global standard for fast-charging data

  The German Association of the Automotive Industry, together with international partners, has launched a new global standard aimed at providing more accurate and comparable information on the speed at which an electric vehicle charges. ISO/SAE 12906 will standardize the measurement of charging efficiency, maximum power, charging time, and range gains.

  Evgenii Ushakov

  Nov. 16, 2023, 10:09 a.m.
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  Audi’s Chinese-Made EVs To Use BYD And CATL Batteries

  Audi's all-electric models to be produced in China through the company's joint venture partnership with FAW will use battery packs from BYD and CATL. The German automaker will locally assemble the Q6 L e-tron, Q6 L Sportback e-tron and A6 L e-tron, each of which differs from the regular models due to its extended wheelbase.

  Evgenii Ushakov

  Nov. 15, 2023, 4:20 p.m.
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  Hyundai Motor jumps to second place in U.S. EV sales, even without tax credit

  While Tesla remains by far the best-selling EV manufacturer in the United States, Hyundai and Kia combined are doing surprisingly well considering they are not eligible for the $7,500 federal EV tax credit.

  Evgenii Ushakov

  Nov. 15, 2023, 1:05 p.m.
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  California to require all EVs to have standardized diagnostic system in 2026

  California is set to require all electric vehicles (EVs) to have a standardized diagnostic system in place by 2026. This move is part of the state's Advanced Clean Cars II program and could potentially become an industry standard, as several other U.S. states have adopted similar regulations.

  Evgenii Ushakov

  Nov. 14, 2023, 4:52 p.m.
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  Surge in alternative-powered cars: +18.2% growth in 2023 registrations in Germany

  In a turnaround for the German automotive industry, the year 2023 has seen a significant increase in registrations of passenger cars with alternative drive systems. After ten months of registrations, the figures show an increase of +18.2 percent compared to the same period last year.

  Evgenii Ushakov

  Nov. 14, 2023, 4:42 p.m.
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  VinFast plans to have hundreds of points of sale in the U.S. next year

  VinFast's U.S. launch is off to a slow start, but the Vietnamese automaker has revealed that it will soon have 125 sales locations across the country as it moves from a direct sales model to one led by a nationwide dealer network.

  Evgenii Ushakov

  Nov. 14, 2023, 4:29 p.m.
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  BMW no longer builds internal combustion engines in Germany

  BMW has ended the production of internal combustion engines at its main plant in Munich. The long-announced move was made to make way for the production of electric vehicles at the Bavarian plant.

  Evgenii Ushakov

  Nov. 14, 2023, 2:51 p.m.
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  Vehicles that depreciated the most over five years

  Which cars lost the most value in the U.S. over the past five years? iSeeCars studied more than one million used 2018 model year vehicles sold in 2022 and 2023 and found the answer.

  Maksim Tropko

  Nov. 14, 2023, 2:25 p.m.
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  Here are the vehicles you should have purchased in 2018 to minimize losses if sell now

  Several sports cars, small SUVs and economy cars hold their value extremely well over five years, with the Porsche 911, Jeep Wrangler and Honda Civic among the best models.

  Evgenii Ushakov

  Nov. 14, 2023, 10:40 a.m.
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  UK retailer EG Group acquires Tesla's latest ultra-fast chargers for its UK and European charging network

  The chargers will be branded “evpoint”. The hardware will operate on an open network basis, meaning that all drivers will be able to access chargers regardless of the brand of vehicle they drive.

  Evgenii Ushakov

  Nov. 14, 2023, 10:15 a.m.
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  Exxon aims to be a leading supplier of lithium for EVs by 2030

  Exxon Mobil Corp. is gearing up to become a prominent supplier of lithium for electric vehicles (EVs) by 2030. The company's plans involve initiating lithium production in Arkansas, USA, marking its entry into the production of a crucial component for large-scale batteries.

  Evgenii Ushakov

  Nov. 13, 2023, 6:16 p.m.
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  Average EV drives 4,477 miles less than an internal combustion each year, study finds

  A recent study conducted in the United States has found that battery-electric vehicles (BEVs) tend to cover fewer miles per year compared to traditional gasoline-powered cars, including hybrids and plug-in hybrids.

  Evgenii Ushakov

  Nov. 13, 2023, 5:28 p.m.
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  BMW starts manufacturing MINI cars in Germany

  In Leipzig, BMW has started the series production of the new MINI Countryman and its all-electric variant. This is the first time a MINI model has been produced in Germany.

  Evgenii Ushakov

  Nov. 11, 2023, 11:09 a.m.
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  EU approves weaker Euro 7 tailpipe rules: Brakes and tires to be toughened instead

  The European Parliament voted in favor of a revised version of the Euro 7 emissions standard, which means that tailpipe emissions from cars will be virtually unchanged from the current Euro 6 standard.

  Evgenii Ushakov

  Nov. 10, 2023, 2:05 p.m.
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  Volvo to install two 9,000 tons giga press in Slovakia

  Following in Telsa's path, Volvo has just signed a contract with Italian giga-press manufacturer IDRA to install two of its largest presses at a new site in Slovakia.

  Evgenii Ushakov

  Nov. 9, 2023, 3:32 p.m.