There was an interesting article in Bloomberg earlier in the year about Tata thinking about selling Jaguar Land Rover. Tata naturally denied the rumours however it is known that Jaguar will work with BMW on some electric vehicles. In today’s economic climate, it is sensible for many manufacturers to do joint work with their competitors - it helps spread the cost. Bloomberg … [Read more...]
GM Reconfiguring Plant Could Be a Sign of the Future
Late last year, General Motors (GM) announced that it would close a plant in Ontario, Canada, to save money. In recent months, the company has backtracked on that decision, saving over 300 jobs. However, the plant current employs 2,600 workers, so many more will still lose their jobs. The plant in Oshawa, east of Toronto was scheduled to close completely at the end of this … [Read more...]
Zotye Has 2nd Brand Ready For US Market
A few months ago, Motoring Weekly wrote about a new entrant to the US market: Zotye (pronounced Zo-Tay) via a California based company, HAAH Automotive. The CEO of HAAH is teasing the media with a comment that they will be bringing a second Zotye brand to market very soon. The founder of HAAH is Duke Hale, a 35-year veteran of the US automotive industry having been a former … [Read more...]
Lithium Titanate Batteries
One of the interesting aspects of any market segment gaining in size is that it forces many manufacturers and researchers to find new and faster ways to do things. Every market is the same and the electric car market is going through a period where manufacturers are working with researchers to find ways to get their products to market with a longer range or faster charging … [Read more...]
Hyundai Invests in Rimac
Back in May, we read several reports that the Hyundai/Kia group had signed a €80M partnership with Rimac, the developer of prototype electric sports cars. It wasn’t just a partnership agreement that was signed. What they did sign was an investment agreement, a stake in the company that goes far further than simply signing a partnership agreement to develop a new car. Even … [Read more...]