5 minutes to know EV, HEV, PHEV and FECV In recent years, new energy vehicles have been on the fast track of rapid development. All major vehicles in the world are deploying new energy vehicles, and some EVs have achieved good sales. As the [...]
Hyundai to produce EVs in Indonesia by 2022. New vehicles in Thailand fall 4% to 74,114 units in Oct. 2020. Hyundai Motor is being sued over EV battery fires due to the same battery maker LG Chem after GM recalls nearly 70,000 units EVs. [...]
BYD introduces DM-I hybrid technology for PHEVs in with 1.5-litre Xiaoyun engine Volkswagen planning three big electric SUVs. UK is planning to ban ICE-only(internal combustion engine) cars from 2030. Quebec to ban sale of new gasoline-powered cars as of 2035. Some 2017-2019 Chevrolet [...]
Ford Kansas City built cargo van 2022 E-Transit for US and Europe under US$45000. BMW unveiled new flagship electric SUV iX. Nissan enters the final testing phase of its 3rd generation Qashqai crossover. Denso invests in Lambda:4 (Entwicklungen GmbH is developing High Accuracy Distance [...]
Nissan unveils a quarterly operating loss of US$46m. Bridgestone confirms Bethune factory closure plan. GM Canada union members in St Catharines, Oshawa, and Woodstock ratify new collective agreement covering significant investments, job security and economic gains. FCA Italy(subsidiary of Fiat Chrysler Automobiles), and Engie [...]
Electrify America opened 500+ electric EV charging stations across US. VW of America starts construction of battery engineering Lab in Tennesse. Hyundai to produce a new Tucson SUV in US from 2022. Australian new vehicle sales fell 1.5% year on year to 81,220 in [...]
Honda combines North American manufacturing operations and R&D. Canadian auto union Unifor deals with GM Canada to return truck assembly back to Oshawa. GM recalling 194,105 vehicles to check bolts missing from a stop-start system component. GM Korea to reconsider investments in Bupyeong plant [...]
Honda H1 sales revenue of JPY3.65trn(US$35.3m), down 2.1% year on year. Honda quarterly earnings rise 28%, to $4.6million in vehicle sales. Honda unifying US auto manufacturing and R&D operations into a new company, aiming to speed up response to customers' quick-changing tastes, as well [...]
General Motors Q3 profit up 78% year on year to US$5.3bn in Q3 2020. UK new car market down 1.6% in Oct, with 140,945 cars registered. Adler Pelzer Group(worldwide leader in the design, engineering, manufacturing of acoustic and thermal components and systems) acquires Acoustic [...]
China's demand boosts BMW Q3 results. JLR's (Jaguar Land Rover)iconic Defender to make comeback. Ford recalls 2013-17 Explorer SUVs for suspension problem Sullivan & Cromwell and Kirkland & Ellis were the top M&A(mergers and Acquisitions)legal advisers in Q1~ Q3 by value and volume with [...]
