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Nikkei: Nidec to build $715M e-axle plant in Mexico

Green Car Congress

The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company plans to be capable of building an annual 7 million e-axles by March 2026. Nidec also jointly runs a plant with the Guangzhou Automobile Group.

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Dongfeng Honda to build a dedicated EV production plant; 120,000 units/year

Green Car Congress

Honda Motor (China) Investment Co., a wholly-owned Honda subsidiary in China, announced that Dongfeng Honda Automobile Co.,

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Lithia Motors buys 14 automobile dealerships from Precedence Auto Staff

Baua Electric

The purchase builds off Lithia’s tiny footprint within the Mid-Atlantic environment and provides the automobile store a large presence right through Virginia. The post Lithia Motors buys 14 automobile dealerships from Precedence Auto Staff appeared first on Bauaelectric Auto News.

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Ford Motor recalling positive 2019-20 Fusion PHEVs, warns drivers to not price automobiles

Baua Electric

Ford Motor Co. House owners are urged to not price their automobiles till the treatment is finished, in step with a Ford submitting with NHTSA. The collection of doable automobiles affected is 14,452. A treatment for the facility loss and hearth possibility is underneath building.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 By utilizing existing lines, construction time is much shorter than building new plants and can be ramped up quickly to meet EV demand.

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First car using Nidec’s E-Axle traction motor system unveiled

Green Car Congress

The new electric car brand Aion S—recently unveiled at Auto Guangzhou 2018 by GAC NE, GAC MOTOR’s new energy vehicle arm—will be the first line of cars to adopt Nidec’s fully integrated traction motor system (E-Axle) ( earlier post ). Earlier post.). Earlier post.).

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Consumer Reports Says EVs Less Reliable Than Traditional Automobiles

The Truth About Cars

For 2023, CR reported that EVs had 79 percent more problems than automobiles that use internal combustion. The biggest issues for EVs were reportedly failing electric drive motors, unreliable charging, and trouble with battery packs. Plug-in hybrids were even worse with 146 percent more issues.