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Tesla aiming for 200,000 Cybertrucks per year at volume production

Teslarati

When asked on the podcast how many Cybertrucks Tesla can make in a month, Musk told Rogan that Tesla is looking to build around 200,000 Cybertrucks per year upon scaling production. “We’re We’re aiming to make about 200,000 a year at volume production,” Musk said. And for that, Henry Ford deserves a lot of credit.

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Hyundai invests more in Georgia to produce hybrids

Teslarati

Hyundai Motor Co. Hyundai’s Georgia Metaplant was supposed to be a dedicated factory for EV production. However, Hyundai and a few more legacy automakers have mentioned a slowing demand for electric vehicles and have turned to hybrid production to recover losses. Ford postponed EV launches to focus on hybrid production.

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General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab

Green Car Congress

General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB. Additional support is to be provided by GM and Koenigsegg Group AB to fund Saab’s operations and product program investments.

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Georgia Tech named winner of DOE/GM/Mathworks EcoCAR Mobility Challenge

Green Car Congress

The final year of the four-year competition challenged teams to test, prove, and refine their work from the previous three years, mimicking a real-world automotive product development cycle. The Ohio State University finished in second place and University of Alabama came in third.

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CCI approves JSW’s acquisition of up to 38% stake in MG Motor India | Autocar Professional

Baua Electric

The Competition Commission of India has given its go-ahead for JSW’s proposed acquisition of up to a 38% stake in MG Motor India. “The Acquirer is a newly incorporated entity and is not engaged in any activities as of date. It is a wholly-owned subsidiary of JSW International Tradecorp Pte.

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Honda partners with CATL on Li-ion EV batteries; 56 GWh by 2027

Green Car Congress

CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Also, at the Beijing Motor Show in 2018, it officially announced that more than 20 electric vehicles would be launched in China by 2025. Automobile R&D Center in Tochigi. Earlier post.).

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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.