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Another One Bites the Dust: Kia Killing the Rio After 2023

The Truth About Cars

Kia will continue building sedans, but cars have fallen off in favor as SUVs and trucks have taken over the world. The automaker’s factory in Monterrey, Mexico, builds the Rio, and the company is expected to retool the facility for EV production. Average vehicle purchase prices in the U.S.

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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America. others might.

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Canada, US and Mexico commit to align light- and heavy-duty fuel efficiency and GHG standards out to 2025 and 2027, respectively

Green Car Congress

As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.

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Tesla said to be mulling U.S. battery plant with supplier CATL

Teslarati

Bloomberg reported yesterday that Tesla is potentially looking to build an electric vehicle battery cell production facility somewhere in the United States with CATL , citing people familiar with the matter. Ford announced a similar deal with CATL last month, looking to build a battery manufacturing plant within the U.S.

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Ford to Invest Additional $450M in Michigan for Hybrid and Plug-in Vehicle Production; Battery System Design and Development to Be In-House Core Competency

Green Car Congress

Ford Motor Company will invest an additional $450 million in its electric vehicle plan, paving the way to build its next-generation hybrid and plug-in hybrid vehicle vehicles in Michigan beginning in 2012. from a large SUV factory to build the all-new Focus starting in 2010 and Focus Electric pure battery electric vehicle in 2011.

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Fiat unveils 5 new boxy ‘Panda-inspired’ concept cars

Baua Electric

Of course, being Stellantis, they don’t seem to be going “all in” on EVs like they have been saying , but are offering these models using a “unique multi-energy platform ” to “ensure maximum relevance to customers wherever they live in the world” – meaning they may be built as electric, hybrid, or ICE, depending on what works best for the market.

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2025 Cadillac Optiq EV pivots to Millennials, goes soft on Art & Science

Baua Electric

While that price tag won’t be anywhere as affordable as the XT4 ($39,090 base), Cadillac’s gasoline-fueled compact entry SUV, if it qualifies for the $7,500 EV tax credit it will cost about the same, effectively, as today’s XT5 SUV ($47,290 base) while providing much more cargo and passenger space. The Optiq shares that model’s 116.3-inch