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Renault cancels planned IPO for Ampere EV unit

The automaker said it would continue to fund Ampere until it reaches break-even in 2025. The unit includes all of Renault’s EV activities and about 10,000 employees......»»

Category: topSource:  autonewsJan 29th, 2024

Top 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Next-gen Chevrolet Bolt EV to be part of vehicle ‘family," GM says

GM President Mark Reuss said the Bolt will return for the 2026 model year with updated technology and faster charging than the original......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Nissan joins ChargeScape, a way for EV owners to sell watts back to the grid

Nissan is joining ChargeScape, a vehicle-to-grid (V2G) venture backed by BMW, Ford, and Honda. The launch comes ahead of Tesla's expected V2G adoption in 2025......»»

Category: topSource:  digitaltrendsRelated NewsOct 9th, 2024

GM ditches failed Ultium battery branding as its EV sales soar

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Solid-state batteries need proven benefits over lithium ion to become EV market player

As solid-state battery technology evolves, lithium ion batteries, which power the vast majority of EVs on the road, are also advancing......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

North America can seize EV leadership from China, GM battery chief says

The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

General Motors is ditching Ultium branding for its EV batteries

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of CEO Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Stellantis poised to secure Italian approval to sell stake in Comau robotics unit, report says

One Equity, which invests in businesses in the industrial, healthcare and technology industries in the U.S. and Europe, is expected to take a 50.1 percent stake in the robotics unit......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Auto auctions in Florida cancel sales days, more dealerships close ahead of Hurricane Milton

Hurricane Milton prompted wholesale auto auction providers to cancel planned sales days at certain storm-warned locations in Florida this week......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

BYD targets 100,000 EV sales in Mexico in 2025

BYD will announce where it will build its first factory in Mexico by the end of this year......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

GM expects lower EV losses in 2025, will drop Ultium name

GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Lower-priced Chevy Silverado EV retail trim to qualify for $7,500 tax credit

The 2025 Silverado EV LT will have a range of up to 408 miles and a 12,500-pound tow rating, surpassing the Ford F-150 Lightning's top specs of 320 miles and 10,000 pounds......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

GM drops Ultium name for EV platform

General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Prestone"s new EV coolants are designed to enhance safety, reduce corrosion

Prestone's new formulations have been engineered to reduce fires caused by thermal runaway, prevent corrosion and improve the efficiency of plug-in hybrid vehicles, battery electric and hydrogen fuel cell vehicles......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Here"s why saltwater flooding can lead to EV battery fires

Florida has seen at least 16 lithium ion battery fires in the wake of Hurricane Helene, six associated with electric vehicles......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Production starts at Hyundai"s massive EV factory in Georgia

U.S.-assembled versions of the 2025 Hyundai Ioniq 5 compact crossover will arrive at dealer lots this year......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan

Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Nissan joins forces with Ford, Honda and BMW in EV charging alliance

Nissan is joining ChargeScape, the alliance created by three of its competitors: Ford Motor Co., American Honda Motor Co. and BMW......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024