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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Modular technology has become an important criterion for evaluating whether an automobile company is combining global R&D technology and market layout with a cost-effective manufacturing approach. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

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BYD Debuts PHEV Pickup Truck for Mexican Buyers

The Truth About Cars

It recently revealed a plug-in hybrid truck for the Mexican market, but said it has no plans to bring it north of the border – for now. The Shark PHEV pickup will be sold globally for a starting price of around $53,400, though the world’s largest truck market will have to sit by and watch.

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Volkswagen Group nearly doubles BEV deliveries in 2021 to 452,900 units; 5.1% of total deliveries

Green Car Congress

Sales of plug-in hybrids worldwide also rose significantly to 309,500 units (+61%). As forecast, the global semiconductor shortage led to a slight decrease of 4.5% In North America, 908,400 customers took delivery of a new Group brand vehicle, a significant increase of 15.6%. These now account for 5.1% 4: 119,600.

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Report: BYD Plotting New EV Factory in Mexico

The Truth About Cars

American brands love sending jobs to Mexico, as does every other company interested in moving high volume models through North and South America. With BYD having previously voiced its global aspirations, setting up shop in El Águila Real seems like an obvious play. Overall, 1.36

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Volkswagen picks up pace of transformation with new ACCELERATE strategy

Green Car Congress

Volkswagen has earmarked around €16 billion for investment in the future trends of e-mobility, hybridization and digitalization up to 2025. In South America and the United States, Volkswagen is striving to break even in the current fiscal year. E-mobility was just the beginning: the real disruption has yet to come.

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Rockwood Lithium opens new lithium production facility in Nevada; announces global price increases for lithium salts

Green Car Congress

As the market for electric vehicles, plug-in hybrids and other advanced clean energy technologies grows worldwide, rare earth elements and other critical materials, including lithium, are facing increasing global demand. Rockwood Lithium has opened its expanded manufacturing facility in Kings Mountain, North Carolina.

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GM raises 2024 financial guidance on Q1 revenue

Teslarati

Globally, our team is leaning into every opportunity with a focus on profitability to build on our strong start to 2024,” wrote CEO Mary Barra in her letter to shareholders. The automaker also said it achieved consistent revenue growth over the last two years, resulting in a CAGR of over 15 percent. billion to $11.5

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