Month: March 2023

MEXICO CITY — Faurecia opened a $147 million plant in Mexico to make car seats and interiors, the company said, the latest in a string of auto sector investments driving the country’s so-called “nearshoring” boom. Faurecia said it expects the plant in the northern border state of Nuevo Leon, serving clients such as Volvo and
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Self-driving technology company Waymo will retire its fleet of Chrysler Pacifica hybrid minivans, the vehicular flag-bearers for the nation’s first autonomous ride-hailing service. Waymo said Thursday it will replace the vans used in its metro Phoenix ride-hailing service by increasing its deployment of Jaguar I-Pace electric vehicles. The transition will occur in a matter of
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SANT’AGATA BOLOGNESE, Italy — Lamborghini is adopting a cautious stance toward e-fuels, in contrast to its competitors Ferrari and Porsche, who see them as a way to continue to market internal-combustion engine cars in Europe after 2035, when the EU will allow only zero-emission vehicles to be sold. Stephan Winkelmann, the chairman and CEO of
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WASHINGTON — Ford Motor Co. has withdrawn its petition to deploy a limited number of self-driving vehicles without traditional driving controls or features on U.S. roads, an unpublished federal document shows. In the notice, which is scheduled to be published Friday, NHTSA said Ford has withdrawn its July 2021 request for a temporary exemption from
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In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. Massimo Pinca | Reuters Electric heavy-truck maker Nikola said on Thursday that it plans
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KG Mobility, the South Korean automaker formerly known as SsangYong Motor before going through bankruptcy, is seeking to revive its fortunes with a $30,000 full-electric SUV. The carmaker Thursday unveiled four new vehicles at the Seoul Mobility Show, including the Torres EVX, its first electric car since conglomerate KG Group bought a majority stake in the
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6:36 AM ET Lewis Hamilton has praised Brazilian authorities for handing three-time Formula One champion Nelson Piquet a large fine for using racist and anti-gay language in comments about the Mercedes driver. A Brazilian court last week ordered Piquet to pay 5 million Brazilian reals ($953,050) in “moral damages” for remarks about Hamilton in interviews
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Getty Images By Michael Race Business reporter, BBC News The UK’s car sector could disappear unless the government follows the US and EU in helping with the switch to electric, an industry veteran warned. It was “probable” car firms would leave the UK without a huge subsidy package similar to the billions of support the
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Luxury electric vehicle maker Polestar is crediting new federal tax rules on EVs with lifting its leasing business. Polestar North America CEO Gregor Hembrough said lease volume on the Polestar 2 fastback had ticked 3 to 4 percentage points higher in mid-March than the prior month. He attributed it to a “very competitive” 36-month lease
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DETROIT — Stellantis looks to generate more revenue through vehicle software in the years ahead, but consumers don’t have to worry about the automaker charging for basic amenities such as heated seats. Any premium services coming from Stellantis will provide additional value, said Mamatha Chamarthi, Stellantis’ chief business growth officer, software experience. The company expects
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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Stellantis CEO Carlos Tavares said that e-fuels, which have received an exemption from policymakers in Brussels to the EU’s 2035 zero-emissions target for new cars, will not “significantly” change the trajectory of the auto industry.  “We are well on our way to deliver the electrification that is expected from the EU,” Tavares said at Stellantis’ first
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5:24 AM ET Former British American Racing (BAR) founder Craig Pollock has confirmed he is looking to enter Formula One with a 50 percent male, 50 percent female team called Formula Equal. Pollock has submitted an expression of interest to racing’s governing body, the FIA, who opened up the process for finding an 11th F1
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