Industry

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  BYD and Tesla tie in electric car sales

  An exceptional thing happened in the third quarter of 2023, as the two largest all-electric car manufacturers - Tesla and BYD - sold a similar number of vehicles.

  Evgenii Ushakov

  Oct. 30, 2023, 12:43 p.m.
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  Hertz is putting fewer electric cars on the road than it had planned

  In late 2021, Hertz announced that it would buy 100,000 Teslas to expand its electric car rental fleet, but so far it's limited to just 35,000. And here's why.

  Evgenii Ushakov

  Oct. 30, 2023, 11:24 a.m.
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  After losing $36,000 on every EV sold in Q3, Ford cuts EV investment

  Ford Motor Company's Q3 financial results show escalating losses in their electric vehicle (EV) division, mainly due to a decrease in consumer demand and an ongoing price competition instigated by Tesla earlier this year.

  Evgenii Ushakov

  Oct. 30, 2023, 11:06 a.m.
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  Mazda has produced more than two million rotary engine vehicles

  Mazda Motor Corporation revealed today that they have now produced over two million vehicles featuring rotary engines.

  Evgenii Ushakov

  Oct. 30, 2023, 10:15 a.m.
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  Lamborghini waits to see if synthetic fuel has a future before retiring internal combustion supercars

  Lamborghini will continue to take a wait-and-see approach to battery electric supercars - and will only commit to them when decisions are made about the future of synthetic fuels.

  Evgenii Ushakov

  Oct. 27, 2023, 3:27 p.m.
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  Electric Land Rover Defender to be built in Slovakia

  JLR has today confirmed that its Nitra plant in Slovakia will produce electric vehicles as part of the company's Reimagine strategy, which will see nine new electric vehicles launched by 2030.

  Evgenii Ushakov

  Oct. 27, 2023, 2:58 p.m.
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  Kia Australia partners with local company to reuse, repurpose and recycle EV batteries

  Kia Australia is taking steps to extend the lifespan of batteries in its electric vehicles by forming a collaboration with a domestic company that specializes in battery reuse, repurposing, and recycling.

  Evgenii Ushakov

  Oct. 27, 2023, 2:05 p.m.
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  Volvo EX30 to be built in Europe from 2025 after 'strong demand

  Volvo Cars announced today that the all-new all-electric Volvo EX30 will be produced at the Ghent plant in Belgium from 2025.

  Evgenii Ushakov

  Oct. 27, 2023, 11:25 a.m.
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  bp boosts EV charging network with $100 million order of Tesla ultra-fast chargers

  BP announced a deal in which BP pulse, BP's EV charging business, will acquire ultra-fast charging hardware units from Tesla for $100 million. The investment will facilitate the expansion of bp pulse's public network across the U.S.

  Evgenii Ushakov

  Oct. 27, 2023, 10:35 a.m.
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  Lexus mulls creating its own EV charging infrastructure in Japan, inspired by Tesla

  Lexus is considering setting up its own electric vehicle (EV) charging stations in Japan, similar to Tesla's approach, to encourage domestic consumers to opt for its electric cars. Lexus CEO Takashi Watanabe told journalists that if they can attract Japanese buyers, it should be possible to do the same globally.

  Evgenii Ushakov

  Oct. 26, 2023, 12:07 p.m.
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  Nissan celebrates 90th anniversary with BE@RBRICK toy that's too adorable to resist

  Nissan is ringing in its 90th year this December, and they've decided to move beyond the usual documentaries and historical retrospectives. They're opting instead for a tangible keepsake that captures the brand's storied legacy.

  Evgenii Ushakov

  Oct. 26, 2023, 11:49 a.m.
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  BMW, Mercedes, VW, Audi will be among the major automakers to ignore Geneva Auto Show 2024

  Major German automakers won't participate in the revived auto show in Switzerland. There are also doubts about the participation of Stellantis brands.

  Evgenii Ushakov

  Oct. 26, 2023, 11:34 a.m.
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  TikTok challenge prompts Hyundai Motor America to launch free anti-theft software clinics to protect vehicles

  Hyundai is launching a series of free anti-theft software installation clinics. The move comes in partnership with a number of local government officials, police departments and community organizations.

  Evgenii Ushakov

  Oct. 26, 2023, 11:22 a.m.
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  Honda and GM cancel plans to jointly develop low-cost EVs

  In a surprising move, Honda CEO Toshihiro Mibe announced that the $5 billion deal with General Motors to jointly develop affordable electric SUVs has been canceled.

  Evgenii Ushakov

  Oct. 25, 2023, 5:22 p.m.
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  Mitsubishi says goodbye to Chinese joint venture, makes $213 million investment in Renault's EV division

  Mitsubishi will cease production of its joint venture cars in China and transfer its stake in the company to the Guangzhou Automobile Group.

  Evgenii Ushakov

  Oct. 25, 2023, 3:36 p.m.
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  Volvo Cars opens new 22,000 square meter software testing center in Sweden

  Volvo Cars has opened its largest software test center to date in Gothenburg, Sweden. The site will continue to expand, more than doubling its capacity over time.

  Evgenii Ushakov

  Oct. 25, 2023, 1:58 p.m.
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  GM delays expansion of electric pickup truck production

  General Motors is delaying production of two all-electric pickups at the Orion Assembly Plant in Michigan by a full year, idling the plant at the end of this year and transferring about 1,000 workers to other GM facilities in the state.

  Evgenii Ushakov

  Oct. 24, 2023, 3:04 p.m.
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  Hyundai to build plant for internal combustion, electric vehicles in Saudi Arabia

  The Public Investment Fund (PIF) and Hyundai Motor Company have signed a joint venture agreement to establish a highly automated plant for manufacturing vehicles in Saudi Arabia.

  Evgenii Ushakov

  Oct. 24, 2023, 2:32 p.m.
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  Ionity offers unlimited free charging for Rimac Nevera hypercar owners across Europe

  Ionity is offering owners of a specific EV model free charging for eight years at all its HPC stations in 24 European countries. The catch of this tempting offer is that it only applies to the Rimac Nevera e-hypercar, which costs more than two million euros and will be produced in a series of only 150 units.

  Evgenii Ushakov

  Oct. 24, 2023, 12:05 p.m.
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  Hyundai orders first battery cells from Samsung SDI

  Hyundai Motor Company has ordered battery cells for electric cars from Samsung SDI for the first time. This marks the expansion of its supplier base from LG Energy Solution and SK On.

  Evgenii Ushakov

  Oct. 23, 2023, 2:50 p.m.