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GM investing $500M+ in Arlington Assembly for future ICE SUVs

Green Car Congress

General Motors plans to invest more than $500 million in Arlington Assembly to prepare the plant for production of future internal combustion engine (ICE) full-size SUVs, subject to successful discussions with local government officials. Power Customer Satisfaction Ranking of the top large SUVs. Initial Quality Study.

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GM investing nearly $154M in Lockport Components plant for production of electric motor stator

Green Car Congress

General Motors plans to invest nearly $154 million in its Western New York Lockport Components plant. The investment will be used to renovate the facility and purchase and install new machinery and equipment used in the production of the stator module, a key component in an electric motor. Ultium Drive stator.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The new Hyundai BEV models will include three sedan models, six SUVs, one light commercial vehicle as well as one new type model. The company earmarked KRW 95.5

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Lucid Motors completes first phase of construction of EV factory

Green Car Congress

Lucid Motors announced completion of the first phase of construction at the new Lucid AMP-1 (Advanced Manufacturing Plant) factory in Casa Grande, AZ, with the commissioning of production equipment and processes underway ahead of start of production for Lucid Air in Spring of 2021. —Peter Rawlinson, CEO and CTO, Lucid Motors.

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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 In the second-generation platform, the scope of vehicle development extends beyond the mid-sized SUVs covered by the current E-GMP system.

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Electric cars and SUVs help charge Tata Motors FY2024 performance | Autocar Professional

Baua Electric

Tata Motors is on a roll. This strong showing is the result of strong sales emanating from its domestic passenger and commercial vehicle businesses as well as record sales of luxury car and SUV maker JLR. FY2024 saw major facelifts for the Nexon, Nexon.ev, Harrier and Safari SUVs. This performance delivered a revenue of Rs 52.4K

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Volkswagen’s Scout Motor CEO teases details on upcoming electric vehicles 

Teslarati

Volkswagen’s Scout Motor CEO recently teased some details about the revived company’s upcoming electric vehicles (EVs). Scout Motor is expected to help Volkswagen break into the United States electric pickup truck market, but it doesn’t want to stop there. The company is also developing an all-electric SUV.

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