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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. The company faced financial challenges during the Covid-19 pandemic, leading to production halts and job losses.

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LEAF – Made in the UK

Revenge of the Electric Car

The company had already made a pledge to invest around £178 million ($273 million) in a new manufacturing plant in Sunderland, in the north-east of England. The company had already made a pledge to invest around £178 million ($273 million) in a new manufacturing plant in Sunderland, in the north-east of England.

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Michigan State University Receives $2.5M ARPA-E Award to Build Wave Disc Engine/Generator for Series Hybrid Applications

Green Car Congress

million from the Department of Energy’s ARPA-E program ( earlier post ) to complete its prototype development of a new gasoline-fueled wave disc engine and electricity generator that promises to be five times more efficient than traditional auto engines in electricity production, 20% lighter, and 30% cheaper to manufacture.

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Toyota to move production to China

Green Cars News

In what is seen as a major shift in power in the auto industry, a BBC report is suggesting that Toyota is planning to manufacture key components of its hybrid cars outside Japan for the first time. According to the report, the company is likely to manufacture both electric motors and batteries at its Chinese [.].

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Volvo joins Tesla in halting EV production due to Red Sea attacks

Baua Electric

Tesla and Volvo are among several companies having to direct ships away from the Red Sea amid the threat of attacks, Automotive News Europe reports. Since October, the group has attacked several commercial vessels with drones and ballistic missiles and seized what they said was an Israeli cargo ship, reports the BBC. Get started here.

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We visited the OLA Future Factory: Electric Scooter Manufacturing

Plug In India

I was there with lots of journalists from auto and mainstream media. Also reduces overheads for the company. I met with Preeti Gupta, a freelancer with the BBC. Chatted with Rajeev, who covers the auto sector for ET Prime. The company had hired 20 Innovas for media transport, two journalists per car.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

About $750 million is needed for near-term Volt development, according to the company. Short sighted company with a CEO that should have been fired long ago. the viability of GM as a company. They are evidently conspiring with the oil companies otherwise why else would they destroy the EV1s. rolls toward bankruptcy.

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