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Volkswagen committing $7.1B to boost product line-up, R&D, manufacturing in North America; targeting 55% BEV sales by 2030

Green Car Congress

billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. This strategy builds on the company’s preparation of its Chattanooga facilities for local EV production. Volkswagen will commit $7.1 Assembly of the ID.4

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Tesla releases updated Radio Flyer Cyberquad for Kids in the U.S.

Teslarati

Tesla’s previously recalled Cyberquad for Kids has been re-launched as a new model in the U.S., Consumer Safety Product Commission (CSPC). “Our award-winning product development team has worked closely with the Tesla Design Studio to update this new model, which we know has been highly anticipated by our customers.

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Mitsubishi introduces Concept GC-PHEV SUV to North America

Green Car Congress

Mitsubishi staged the North American debut of its Concept GC-PHEV (“Grand Cruiser”)—a next-generation full-size crossover plug-in hybrid. Using the energy stored within a fully charged lithium-ion battery pack alone, the Concept GC-PHEV can supply the equivalent of a days worth of electrical power consumption to the average household.

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Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

Credit: Ford The news also comes after Ford, General Motors (GM) and Stellantis also faced historic six-week strikes from the United Automotive Workers (UAW) union in 2023. Ford pauses all F-150 Lightning shipments as gas deliveries begin What are your thoughts?

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General Motors emphasizing faster electric vehicle launches after positive 2021 earnings

Teslarati

General Motors ( NYSE: GM ) is gearing up for a major shift in 2022 thanks to its evolving electric vehicle program, planning for record profit levels that could surge the company into a more well-rounded placement in an increasingly competitive sector. percent, and revenue of over $127 billion, a $4.5 billion increase from 2020. .”

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Hyundai Ioniq 5 wins Cars.com’s Best Electric Vehicle for 2024 award

Teslarati

Cars.com also cited the Ioniq 5’s 350 kW DC fast charging capabilities, which are valuable on long road trips. We’re particularly proud that the IONIQ 5’s long list of virtues continues to make it the leader in a very competitive and rapidly changing EV environment,” the executive stated.

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Rolls-Royce Motor Cars confirms electric Phantom test project

Green Car Congress

Rolls-Royce Motor Cars confirmed the development of 102EX, a one-off, fully electric-powered Phantom, to debut at the Geneva Motor Show on 1 March 2011. The car will tour during 2011, serving as a test bed to gather research data which will be used in informing future decisions on alternative drive-trains for Rolls-Royce Motor Cars.

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