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Automotive Industry
News covering the Automotive Industry at large.508 articles in this category
Yamaha opened the books for excepting orders for their new Hyper-EV electric motor with up to 350 kW power output per motor, 1.4 MW total in four motor AWD configuration.
It would seem the other shoe has dropped and the Japan auto companies which consumers have always said built bullet proof auto's are now on the receiving end of millions of recalls for poor quality parts. Check out how many auto's affect which manufactures.
Lithium ion battery maker A123 Systems today said it has sold its automotive business to Johnson Controls and is filing for bankruptcy protection.
The moves are a change in strategy for the ailing Waltham, MA-based company, which in August said it will sell an 80 percent share to the auto parts division of Chinese conglomerate Wanxiang for $450 million.
Johnson Controls will acquire a significant set of assets for its $125 million investment, some of which were paid with federal aid. A123 Systems’ auto business includes its technology, two battery factories in Michigan, a cathode powder manufacturing facility in China, and A123’s stake in two auto parts suppliers in China. Johnson Controls also will put up $72.5 million so A123 can maintain operations during the sale.
Alpha Motor Corporation releases for reservations the WOLF two person electric pickup truck. Available in AWD or FWD with with a 3000 lbs towing capacity, zero to sixty miles per hour in 6.2 seconds and a 275 mile range.
The CEO of Continental AG says Volkswagen Diesel Scandal could kill the diesel market in a few countries
The Department of Justice begins investigating Bosch into their possible involvement in VW's diesel mess
The U.S. has had a turbulent start to the new year in pretty much every product category, yet the Auto Industry has been hit especially hard by the destructive nature of the DEATH of NAFTA due to Tariffs as well as Tariffs on just about the whole world, so how is this affecting EVs specifically for the U.S.?
While ICE vehicle's average transaction was $48,247, EV average transactions were 8.5% higher, at $52,345.
Some would say after your two most populous provinces ban new ice auto sales that it was inevitable for Canada to do this but affective June 29th 2021 Canada's government has banned all new ICE car and light truck sales starting January 1st 2035 onward.
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