Hyundai Motor Group has teamed up with LG Energy Solution to build an electric vehicle (EV) battery cell manufacturing joint venture (JV) with US$1.1bn investment in Indonesia. LG Energy, The Hyundai battery partnership will boost Indonesia strategic presence in EV market.
The joint venture will see Renault-branded hybrid vehicles being sold in China, but manufactured using Geely’s facilities, supply chains, and technologies. Geely’s most significant brands, joint ventures and OEM relationships include Volvo Cars, Polestar, Proton, Lotus, LEVC, Daimler, Smart, Volvo Trucks and now Renault.
The joint venture will see Renault-branded hybrid vehicles being sold in China, but manufactured using Geely’s facilities, supply chains, and technologies. Geely’s most significant brands, joint ventures and OEM relationships include Volvo Cars, Polestar, Proton, Lotus, LEVC, Daimler, Smart, Volvo Trucks and now Renault.
The Honda mid-size SUV, codenamed 31XA, will be built on an entirely new platform and will compete in the Indian market with the likes of Hyundai Creta, Kia Seltos, MG Hector and others. According to GlobalData, the anticipated start of production (SOP) in India is 2023.
High prices and relatively tight inventory keep more buyers at bay.
The average listing price reached $25,500 as July closed, after surpassing the $25,000 mark for the first time ever in June.
The batteries supplied to GM for these electric vehicles may have two manufacturing defects in the same battery cell, which increases the risk of fire.
The initial pilot of 12 vehicles will include dump trucks, heavy gas crew trucks, and gas mechanic trucks and will be conducted during 2022 and 2023.
A major order for 1,000 electric Vauxhall vans has been made by OVO Energy, an energy supply company dedicated to a zero carbon community. The Vivaro-e panel vans, which have been ordered through leasing company Zenith, are currently being built and liveried for phased introduction Q4 as part of OVO Energy’s goal of running a fully electrified fleet by end 2025.
With a surging economy growing 4.8% in Q2, and a labor market on the rebound, fleets in the UK are going back to business as companies re-emerge from the virus pandemic lockdown. However, this quickly opening economy could hit the buffers as vehicle and supply shortages, along with a surge in demand for MOTs and servicing, could force vehicles off the road through unwanted vehicle downtime.
NGVAmerica has pledged that by 2030, 80% of natural gas vehicle on-road motor fuel in the United States will be derived from renewable sources.
The Tennessee Valley Authority (TVA) is accelerating plans to incorporate EVs into its fleet, with a goal of transitioning 100% of its light-duty and 50% of its medium-duty vehicles by 2030.
Driver positivity and buy-in can boost your chances for building a successful safety program. Learn how here.
Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.
The new 2022 Lincoln Navigator will debut soon, and the automaker has shared a sneak peek at the vehicle's features.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
