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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 Click to enlarge.

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Hyundai invests more in Georgia to produce hybrids

Teslarati

Hyundai Motor Co. Hyundai moves up production start date at Georgia Metaplant In the first quarter, Hyundai Motor reported an operating profit of over 3.5 Earlier this year, General Motors CEO Mary Barra talked about bringing the company’s plug-in hybrid electric vehicles (PHEVs) to North America.

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Ford’s adoption of Tesla NACS could change the EV charging landscape [Opinion]

Teslarati

Ford recently announced it would add Tesla’s North American Charging Standard (NACS) port to its future electric vehicles (EVs). The move may change the EV charging landscape in North America. At the same time, Tesla’s NACS technology gains support from a notable leader in North America’s automobile industry.

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Balqon to build electric buses in China with SAIG

Green Car Congress

California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Sichuan Automobile Industry Co.

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Nidec to Acquire Emerson Electric Co. Motors & Controls Business

Green Car Congress

Japan’s Nidec Corporation, the world’s leading manufacturer of motors for hard-disk drives, has entered into an asset and stock purchase agreement with Emerson Electric Co. EMC) to acquire EMC’s Motors & Controls business in an all cash deal. Tags: Motors. Terms of the arrangement were not disclosed. Earlier post.)

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

Polestar officially introduced the Polestar 3 in China today and announced what it calls a new pricing system, with the long-range dual-motor model starting at RMB 698,000 and the long-range dual-motor with performance pack model at RMB 798,000. | Polestar.US The plant is expected to make its first deliveries in mid-2024.

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Ford and Portland General Electric Partner to Prepare Region for EVs

Green Car Congress

Ford Motor Company and Portland General Electric will collaborate to help prepare the city of Portland and the Pacific Northwest for the operation of electric vehicles. PGE is partnering with state and local government, higher education, the automobile industry, and businesses to expand the electric vehicle infrastructure in Oregon.

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