Polish startup plans domestic EV production
Four Polish energy companies are joining together to create a domestic electric vehicle manufacturer, with a goal of producing 100,000 vehicles by 2023. The venture, ElectroMobility Poland, will produce cars under the Izera brand, named for a mountain range in…
Citroen Plans Rs 8 L Electric Car For India
Citroen has plans to enter the mass-market entry-level EV segment with eCC21 which is expected to be launched in 2022 Citroen eCC21 Spied in India French automaker Groupe PSA is all set to enter into the Indian market through its…
How Ex-Tesla exec J.B. Straubel plans to build world’s top battery recycler
Redwood’s partnership with Panasonic started late last year with a pilot operation to recover materials at Redwood’s recycling facilities in nearby Carson City, according to Celina Mikolajczak, vice president of battery technology at Panasonic Energy of North America. Mikolajczak, who…
Hyundai steps up plans for flying cars
Hyundai is stepping up its development of flying cars and is planning a full lineup of aerial vehicles that it envisages will take to city skies within a decade. Hyundai Motor Group is developing models that will carry five or…
Mercedes-Benz details plans for 6 new EVs
“While we will expand the electrified portfolio towards a share of more than 50 percent of global sales by 2030, our investments in combustion engine development will decline quickly and the number of combustion engine variants will fall by 70…
Car and revenue driver: Revisiting Apple’s auto plans
With just about three months left in 2020, it seems increasingly unlikely that Apple will release a car this year, as pundits suggested five years ago would happen. Even then it was obvious Apple wasn’t going to be shipping cars…
Daimler to map out deeper overhaul, Mercedes-Benz electric vehicle plans
“There is a low bar!” Arndt Ellinghorst, an analyst at Sanford Bernstein with an “outperform” rating on the stock, wrote in an open letter to Kallenius and CFO Harald Wilhelm ahead of the meeting. “You should relax, expectations are low,…
Hyundai Confident on Flying Cars, Steps Up Plans for Full Lineup
The Hyundai S-A1 electric Urban Air Mobility concept. Photographer: Robyn Beck/AFP via Getty Images Photographer: Robyn Beck/AFP via Getty Images South Korea’s biggest automaker is stepping up its pursuit of flying cars, planning a full lineup of aerial vehicles that…
How a New CEO at Ford Plans to Turn the Automaker Around
On his first day on the job as CEO of Ford Motor Co. (NYSE: F), Jim Farley has outlined his key goals for turning around the 117-year-old carmaker. He also announced the first of several organizational changes in the company’s…
Why Volkswagen is said to draw up plans to carve out Lamborghini
FRANKFURT — Volkswagen Group is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two people familiar with the…
