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Car battery maker ACC halts plant construction in Germany, Italy – ET Auto

Baua Electric

The European vehicle battery venture Automotive Cells (ACC) said Tuesday that it was halting construction of two factories in Germany and Italy as it weighs shifting to a less-expensive battery technology. billion) in financing to build out its capacity, for a total of 13 production lines. billion euros (USD 4.8

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Stellantis touts Italian manufacturing future unveiling EVs to be made out of doors the rustic

Baua Electric

“Stellantis has profound roots here in Italy, where we have a glorious past, a strong present and exciting future,” Chairman John Elkann mentioned on the creation rite in Turin. The post Stellantis touts Italian manufacturing future unveiling EVs to be made out of doors the rustic appeared first on Bauaelectric Auto News.

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CNH puts CASE, New Holland electric wheel loader into production

Baua Electric

The new line is part of CNH’s existing Lecce, Italy plant, which occupies 600,000 square meters of space and (now) houses 7 product lines for 203 models and 4896 different configurations of wheel loaders, compact wheel loaders, backhoe loaders, telehandlers, and motor graders. FTC: We use income earning auto affiliate links.

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Mercedes and Stellantis pause European EV battery plans, look to LFP

Baua Electric

billion at current exchange rates), has stopped construction at a site in Kaiserslautern, Germany, and paused prep work at a site in Termoli, Italy, according to the report. The post Mercedes and Stellantis pause European EV battery plans, look to LFP appeared first on Bauaelectric Auto News. billion euros (approximately $8.2

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Big declines for BEVs in EU new-car markets

Baua Electric

The new-car markets of France, Italy and Spain saw continued losses in August, with each country posting registration declines. Bad month for Italy The Italian new-car market suffered its third decline of the year in August, and the biggest to date. This highlights the struggle that Italy is facing turning buyers towards BEVs.

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Big declines for BEVs in EU new-car markets

Baua Electric

The new-car markets of France, Italy and Spain saw continued losses in August, with each country posting registration declines. Bad month for Italy The Italian new-car market suffered its third decline of the year in August, and the biggest to date. This highlights the struggle that Italy is facing turning buyers towards BEVs.

Market 52
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Nikola pivots towards hydrogen for North American marketplace

Baua Electric

It would additionally borrow towards its structures and alternative property to boost finances, Anastasiya Pasterick, the corporate’s lately appointed CFO mentioned Tuesday all the way through the corporate’s first-quarter income name. Nikola will promote its stake in Iveco again to the corporate for $35 million.