News about car manufacturers

Pagani's Electric Hypercar Ambitions Hindered by Heavy Batteries

While the automotive industry is making significant strides in the realm of electric vehicles (EVs), not every manufacturer is ready to take the plunge just yet. Pagani, the renowned Italian luxury car manufacturer known for its exquisite and high-performance hypercars, is cautiously observing the EV landscape from the sidelines.

Evgenii Ushakov

May 31, 2023, 11:51 a.m.
Nikola Faces Nasdaq Delisting, Signaling More Trouble for the Electric Truck Startup

Electric truck manufacturer Nikola is on the brink of being kicked off the Nasdaq stock exchange, as it has received a delisting notice due to failing to meet the minimum bid price requirements set by the exchange.

Evgenii Ushakov

May 26, 2023, 3:43 p.m.
JLR Owner Tata Close to Inking Deal for Massive EV Battery Plant in the UK

Tata Motors, the owner of Jaguar Land Rover (JLR), is on the verge of finalizing a deal with the UK government for the establishment of a large electric vehicle (EV) battery plant in Somerset. If the deal goes through, it could potentially create up to 9,000 jobs, offering a much-needed boost to the local economy.

Evgenii Ushakov

May 25, 2023, 1:54 p.m.
Iveco Takes Full Ownership of Electric Truck Joint Venture with Nikola

Italian commercial vehicle maker Iveco Group is set to take full control of its joint venture with the US-based electric truck company Nikola Corporation, marking a new phase in their collaboration.

Evgenii Ushakov

May 10, 2023, 3:24 p.m.
Seat Could Abandon Cars by 2030, Reposition as Urban Mobility Brand for Young People - report

Spanish car manufacturer Seat could potentially abandon the production of cars by the end of the decade, instead rebranding itself as an urban mobility brand aimed at young people.

Evgenii Ushakov

May 9, 2023, 12:32 p.m.
Great Wall Motors to Open EV Factory in Brazil Exclusively Manufacturing Electric Cars

Great Wall Motor (GWM), the Chinese car manufacturer, is set to open a new electric vehicles factory in Brazil next year. The site in Iracemápolis in the Brazilian state of São Paulo, which GWM purchased from Daimler in 2021, is scheduled to go into operation on 1 May 2024.

Evgenii Ushakov

May 8, 2023, 12:29 p.m.
BYD to Expand Global Presence by Producing EVs in Vietnam and Southeast Asia

Chinese electric vehicle giant BYD Co. is set to make a foray into the Southeast Asian market by producing EVs in Vietnam.

Evgenii Ushakov

May 8, 2023, 12:17 p.m.
The European Automobile Manufacturers' Association lists seven arguments against the introduction of the Euro 7 emission standard in the automotive industry

Enforced from July 1, 2025, the new Euro 7 regulations aim to reduce NOx emissions by 35% and lessen tailpipe particulates by 13%, compared to current Euro 6 directives. These targets apply to new cars and light vans; regulations for larger trucks and buses will come into effect in 2027.

Evgenii Ushakov

May 5, 2023, 2:37 p.m.
Sono Motors solar car project failed and was shut down

The German-based Sono Motors has officially called it quits with their Sion minivan - a five-seater powered by solar energy.

Evgenii Ushakov

Feb. 28, 2023, 7:03 p.m.
South Korean car brand SsangYong to change its name to KG Mobility because of "painful image"

SsangYong Motor, Korea's oldest automobile manufacturer, has announced that it will change its name to KG Mobility, according to KG Group Chairman Kwak Jea-sun.

Evgenii Ushakov

Jan. 4, 2023, 6:54 p.m.
Mercedes-Benz to Use Nvidia's Omniverse to Design and Optimize Factories

Mercedes-Benz is utilizing Omniverse Enterprise, a software platform developed by Nvidia, to create a digital twin of their factory in Rastatt, Germany. This virtual replica will allow Mercedes to test and implement new production processes without interrupting existing vehicle production.

Evgenii Ushakov

Jan. 4, 2023, 1:25 p.m.
Hyundai Motor Group targets 7.5 million sales in 2023

The Hyundai Motor Group has forecast a 9.8% increase in sales for 2023 as the world approaches "the end of this long tunnel of Covid-19."

Evgenii Ushakov

Jan. 4, 2023, 11:39 a.m.
Geely Auto Unveils New, Simplified Logo

Geely has introduced a new, simplified logo that abandons the three-dimensional aesthetic for a flatter and more straightforward look. According to the company, the new logo "signifies our all-new brand aspiration to be more open and unlimited in the future."

Evgenii Ushakov

Jan. 3, 2023, 2:18 p.m.
Ford Leads Auto Industry in US Vehicle Recalls for Second Year in a Row

According to the National Highway Traffic Safety Administration, Ford has issued the most vehicle recalls of any automaker in the United States in 2022, with a total of 65 campaigns affecting over 8.6 million vehicles. This marks the second year in a row that Ford has topped the list of automakers with the most recalls in the country.

Evgenii Ushakov

Jan. 3, 2023, 1:20 p.m.
Polestar announces record high electric car deliveries in December, reaches 2022 goal

Congratulations to Polestar on reaching their goal of delivering 50,000 electric cars in 2022! The company announced an all-time high in deliveries in December thanks to the hard work of the team.

Evgenii Ushakov

Jan. 2, 2023, 2:25 p.m.
Tesla receives shipment of production line robots for upcoming cybertruck

Sixty-six robots designed for production lines have arrived at Tesla's Gigafactory in Austin, Texas. The facility is expected to begin producing the highly anticipated Cybertruck in 2023.

Evgenii Ushakov

Dec. 29, 2022, 4:24 p.m.
Alfa Romeo takes major steps to boost customer satisfaction and vehicle quality

In an effort to expand its presence in the US market, Alfa Romeo is prioritizing customer satisfaction and the quality of its vehicles.

Evgenii Ushakov

Dec. 29, 2022, 11:06 a.m.
Hyundai is now the world's third-largest carmaker

While Japanese Toyota Motor and German Volkswagen AG vie each year for pole position atop the global automobile industry, South Korean Hyundai has quietly slipped in behind them, surpassing American auto giant General Motors and the multinational conglomerate Stellantis in annual volumes along the way, according to Bloomberg.

Evgenii Ushakov

Dec. 23, 2022, 12:09 p.m.
The Chinese-German brand Borgward is dead again

After being gone for over 50 years, Borgward made a comeback in 2015. This was possible due to Chinese automaker Beiqi Foton Motor, which is owned by BAIC Group. Unfortunally the project of ressurection failed as Borgward succumbs after incurring huge losses.

Evgenii Ushakov

Dec. 6, 2022, 11:37 a.m.
Alfa Romeo Giulia and Stelvio will skip the hybridization phase and go straight to electricity

Daniel Guzzafame, Alfa Romeo's head of product, told Australian magazine Car Expert that the automaker has no current plans to electrify the two midsize luxury cars.

Evgenii Ushakov

Nov. 23, 2022, 1:51 p.m.

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