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Xiaomi may build electric cars with BAIC in Beijing

Automotive Industry elective.com - 2022-08-29

Xiaomi appears in talks with BAIC to collaborate on producing electric vehicles and is exploring options to take a stake in a Hyundai plant, according to media reports. …

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France prepares $100 a month EV leasing plan

Automotive Industry Automotive News Europe - 2022-08-29

France is readying a plan to subsidize electric-car leasing as part of President Emmanuel Macron’s campaign pledge to make them more affordable.  …

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Japan's Suzuki drives deeper into India with global R&D unit

Automotive Industry Reuters - 2022-08-28

Suzuki Motor Corp will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become an electric vehicle (EV) hub for the Japanese carmaker. …

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Mercedes kicks off production of the EQS in the USA

Automotive Industry elective.com - 2022-08-26

Mercedes-Benz has given the go-ahead for the production of the EQS SUV. The SUV offshoot of the all-electric EQS is now being produced at the US plant in Tuscaloosa for the global markets. …

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Toyota, Honda, Nissan top list of automakers facing climate-change risks

Automotive Industry Automotive News Europe - 2022-08-26

Japan’s three biggest automakers are facing the greatest risk from climate change among global auto companies because much of their manufacturing remains concentrated in the island nation, according to a …

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Stellantis's Sochaux plant halted over chip shortage

Automotive Industry Automotive News Europe - 2022-08-25

Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday 27 August 2022, the company confirmed to Reuters, after a union official cited semiconductor shortages as the reason for the in …

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Hongqi signs sales partnership in the Netherlands

Automotive Industry elective.com - 2022-08-25

Hongqi is the next Chinese car brand to enter the European market with electric cars. …

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Ford delays Spanish investments, citing 'revised outlook for Europe'

Automotive Industry Automotive News Europe - 2022-08-24

Ford said it is delaying its production investments in Spain, citing a "revised outlook for Europe" but said it remained committed to its plant in Valencia. …

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US new vehicle prices to hit record high despite rising interest rates

Automotive Industry Reuters - 2022-08-24

US new vehicle prices are expected to hit a record high in August 2022 on the back of strong demand despite rising interest rates, an industry report showed on Wednesday 24 August 2022. …

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Great Wall Motor’s Haval brand to go fully electric by 2030

Automotive Industry elective.com - 2022-08-24

Yet another Chinese car manufacturer has now announced that it will stop selling pure combustion vehicles. Great Wall Motor’s Haval brand will focus exclusively on the sale of New Energy Vehicles (NEV) from 2030. …

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