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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn).

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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 company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87

Hyundai 370
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EVR Motors in talks with Indian OEMs to share motor technology | Autocar Professional

Baua Electric

Israel-based electric motor company EVR Motors is in talks with multiple original equipment makers (OEMs) in India to license its electric vehicle motors and is of the opinion that these tie-ups could be a major growth driver in its business going forward. “We EVR Motors currently does not mass-manufacture motors.

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General Motors Bringing Back Plug-in Hybrids

The Truth About Cars

Despite previously having committed itself toward a future where it builds all-electric vehicles, General Motors has made plans to bring plug-in hybrids back to our market. Let me be clear: GM remains committed to eliminating tailpipe emissions from our light-duty vehicles by 2035. Simply chasing volume probably won’t be enough.

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Foton Motor and motorcycle leader Piaggio Group partner on development of light commercial vehicles; EVs to come

Green Car Congress

Foton Motor and Piaggio Group signed the agreement for a joint development project for new light-duty commercial vehicle products in Italy. Since 2016, Foton Motor and Piaggio Group have signed a Memorandum of Understanding and a Framework Agreement in succession.

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Nikkei reports Mitsubishi Motors to release electric light truck in FY12

Green Car Congress

The Nikkei reported that Mitsubishi Motors Corp. has started developing an electric light truck—its third electric vehicle—with a fiscal 2012 launch in mind. The electric light truck will allow users to recharge its battery off normal household power outlets.

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Tata Motors celebrates 9,00,000th vehicle rollout from its Lucknow facility | Autocar Professional

Baua Electric

Tata Motors, India’s largest commercial vehicle manufacturer, announced a significant milestone of its 9,00,000th vehicle rollout from its state-of-the-art Lucknow facility. ” The post Tata Motors celebrates 9,00,000th vehicle rollout from its Lucknow facility | Autocar Professional appeared first on Bauaelectric Auto News.

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