Hyundai is undecided where it will expand EV manufacturing;  Canada ‘on the list’

Hyundai is undecided where it will expand EV manufacturing; Canada ‘on the list’

Romano said Hyundai has had “a lot” of such conversations with the government. And while Hyundai’s focus is on Georgia today, the US $5.5 billion plant, going up northwest of Savannah, is unlikely to produce enough vehicles to meet the government’s EV targets on its own, he added. This need for a larger North American…

Stellantis Has Stopped Shipping Gas-Only Cars To 14 US States

Stellantis Has Stopped Shipping Gas-Only Cars To 14 US States

Stellantis Has Stopped Shipping Gas-Only Cars To 14 US States photo Global automaker Stellantis, the third member of the Big Three, has stopped shipping gas-only vehicles to 14 US states without a customer order—only hybrids—according to Automotive News. These states all follow or soon intend to follow the California Air Resource Board’s vehicle emissions rules…

Tesla’s China-made EV sales rebounded in May

Tesla’s China-made EV sales rebounded in May

Musk wrapped up a two-day trip on Thursday that included talks with Chinese Vice Premier Ding Xuexiang on Wednesday in Beijing, a source told Reuters. The latest trip, Musk’s first in three years after Beijing reopened its borders, came as Tesla faces intensifying competition from Chinese-made EV makers and uncertainty about expanding the Shanghai plant,…

Renault contacts potential underwriters for EV IPO, report says

Renault contacts potential underwriters for EV IPO, report says

The Renault Group is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric-vehicle business, according to people familiar with the matter. The French carmaker has been sending out requests for proposals to potential IPO underwriters in recent days, the people say, asking not to be identified…

Germany’s auto industry must defend itself in moving to EVs

Germany’s auto industry must defend itself in moving to EVs

Germany for decades led on well-engineered combustion cars. It’s now facing a watershed year in the quest to retain an edge in the age of electric vehicles. Europe’s biggest economy is under growing pressure to retool dozens of fossil fuel-era factories employing tens of thousands of workers in a race for clean-technology leadership with the…