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Geely and Renault Group to create global powertrain company for advanced hybrid and efficient ICE powertrains

Green Car Congress

Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains.

Global 186
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ZF Commercial Vehicle, IIT Madras join hands to build global mobility digital infrastructure – ET Auto

Baua Electric

The BM3S is a first-of-its-kind global digital infrastructure platform for sustainable and intelligent transportation. The BM3S is a first-of-its-kind global digital infrastructure platform for sustainable and intelligent transportation. Kaniappan, MD, ZF Commercial Vehicle, said in a statement.

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Elon Musk’s xAI to build US’ most advanced supercomputer in Memphis, TN

Teslarati

It appears that Elon Musk’s xAI is looking to build one of the world’s most advanced supercomputers in the United States in Memphis, Tennessee. As noted in a report from the Memphis Business Journal , xAI would be building its supercomputer at the 785,000-square-foot former Electrolux Memphis facility located at 3231 Paul R.

Memphis 100
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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

Earlier this year, news broke that BYD is thinking of expanding its global presence by building an electric vehicle plant in Mexico. It was considering a site in Nuevo León, where Tesla plans to build Giga Mexico. Recently, it launched the BYD Shark hybrid pickup truck in the Mexican auto market.

Mexico 96
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Tesla investing over $500 million to build Dojo supercomputer in New York

Teslarati

Tesla is set to invest over $500 million into building a Dojo supercomputer at its New York Gigafactory, as announced during a state budget briefing this week. In addition, Hochul says the global AI market has reached a total value of about $150 billion, though it’s expected to balloon to $1.3 trillion in just a few years.

New York 139
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Hyundai to build IVECO-badged electric van for Europe

Electric Cars Report

Hyundai Motor Company and Iveco Group announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic IVECO Daily.

Hyundai 103
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Polestar Reports Global Volumes for First Quarter Of 2023

Electric Cars Report

Polestar Automotive Holding, the Swedish electric performance car brand, reported its global volumes for the first quarter of 2023. Building on the record 2022 global volumes of over 51,000, the Company delivered approximately 12,000 vehicles in the first quarter of 2023, up nearly 26% year-on-year.

Global 117