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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. Optimizing EV manufacturing capacity.

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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.

GM 259
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Mullen Automotive acquires controlling interest in EV truck maker Bollinger Motors

Green Car Congress

Mullen Automotive, an emerging EV manufacturer, is acquiring a controlling interest in EV truck maker Bollinger Motors. million in cash and stock for a 60% controlling interest, which gives Mullen the majority ownership of Bollinger Motors. Bollinger B1: Class 3 Sport Utility EV SUV. The purchase price is $148.2

Motor 307
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Scout Motors selects South Carolina for first plant; $2B investment, 200k units per year

Green Car Congress

Scout Motors, the recently formed independent company backed by Volkswagen Group ( earlier post , is establishing its first manufacturing plant near Columbia, South Carolina, where it will build electric next-generation trucks and rugged SUVs harkening back to the iconic Scout vehicles produced from 1960 to 1980.

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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.

Motor 414
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Rivian R1S, R1T: Quad-Motor vs. Dual-Motor EVs compared

Green Car Reports

Earlier this year, Rivian expanded its plant in Normal, Illinois by nearly 20% to manufacture its Enduro drive unit.

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EV Sales Gloom Pierced By Jaunty Retro SUV From Scout Motors

CleanTechnica EVs

The electric vehicle maker Scout Motors is evoking the retro styling of the old Scout truck to boost EV sales in the US. The post EV Sales Gloom Pierced By Jaunty Retro SUV From Scout Motors appeared first on CleanTechnica.

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