EV laggards BMW and Toyota to partner on hydrogen fuel cell vehicles

par | Août 12, 2022 | automotive industry, BMW, electric vehicle, fuel cell, Fuel cells, green vehicles, hydrogen fuel cell, Mirai, rolls-royce, Toyota, transport, Transportation

BMW and Toyota will team up to produce hydrogen fuel cell vehicles starting mid-decade, according to a report in Nikkei Asia. The two will begin producing and selling hydrogen fuel cell vehicles developed jointly as early as 2025, BMW sales chief Pieter Nota told the...

Luminar to invest in Geely-affiliated Ecarx, eyes China market

par | Juil 21, 2022 | Asia, Automotive, automotive industry, Bosch, cars, China, chip maker, Co-founder, Eric Li, executive, florida, Funding, Geely, General Motors, Lidar, Luminar, Luminar Technologies, Meizu, Renewable energy, sedans, Sequoia Capital China, smartphone, temasek, Transportation, volvo, Xiaomi

Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It’s making a strategic investment of an undisclosed amount in Ecarx, an auto tech startup co-founded by Eric Li, founder of...

Stellantis to build new battery plant in Indiana

par | Mai 24, 2022 | Automotive, automotive industry, Canada, chrysler, electric vehicle, Georgia, indiana, lg energy solution, Samsung, Samsung SDI, savannah, Stellantis, Transportation

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana. The project, which will create 1,400 new jobs and could surpass the $3 billion mark once it’s complete, is Stellantis’ first battery plant in the...

Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025

par | Mai 23, 2022 | Aerospace, Aptiv, Automotive, automotive industry, boston dynamics, Georgia, hyundai, Hyundai Motor Company, Hyundai Motor Group, Ioniq, Lyft, Motional, robot, Robotics, Softbank, TC, technology, Transportation

Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion it has earmarked for a new EV plant and battery manufacturing facility in...