Schaeffler has announced a new US plant for the production of electric vehicle components. Construction of the production facility is scheduled to begin in Dover, Ohio, in the middle of 2024 and be completed in the third quarter of 2025.
Author: Carrie Hampel
Foxconn & PTT to make and supply EVs in Thailand
The contract manufacturer Foxconn and Thai energy company PTT have created a joint venture for the production of electric cars in Thailand. Investments of one to two billion US dollars (about 850 million to 1.7 billion euros) are to flow into the large-scale project. Foxconn has said that the Eastern Economic Corridor (EEC), a special […]
Schaeffler opens new plant in Hungary
Automotive supplier Schaeffler has opened a new plant at its Szombathely location in western Hungary. The production site is the Schaeffler Group’s first pure e-mobility plant worldwide. In addition, the plant is also a new centre of excellence for the production of components and systems for electrified drives. Schaeffler says it is creating 150 new […]
Skoda considers an electric Octavia – for 2025
According to CEO Thomas Schäfer, Skoda is “intensively thinking about an E-Octavia”. However, Schäfer says the volume model, which has so far been offered as a combustion engine and plug-in hybrid, will not be launched as a purely electric vehicle until after 2025. The Skoda boss told the German business magazine Handelsblatt: “For the second […]
Lucid Air given an 837-kilometre EPA-range
Californian start-up Lucid Motors has published official range ratings for its Air electric sedan by the US Environmental Protection Agency (EPA). With up to 520 miles for the longest-range variant, the Lucid Air has the highest EPA rating for an electric car to date. The top value applies to the ‘Dream Edition Range’ of the […]
Lightyear gathers another $62 million
The Dutch solar electric car start-up Lightyear has raised further capital from investors. Having already closed the company’s largest financing round to date in March 2021 with 48 million US dollars, investments have now risen to a total of 110 million US dollars this year thanks to further backers. Lightyear says it has reached the […]
Pre-series production of Ford F-150 begins
Ford has started pre-series production of the F-150 Lightning. The electric pickup truck is scheduled for market launch in spring 2022. Due to the high demand, Ford has now confirmed that it will significantly increase production. Ford now has more than 150,000 reservations for the all-electric version of the F-150 pickup truck, unveiled in May. […]
Foxconn suspends plans with Byton
Taiwanese contract manufacturer Foxconn has suspended its plans to cooperate with the struggling Chinese electric car start-up Byton. Insiders say this is due to Byton’s deteriorating financial situation. In January this year, both companies had announced that Foxconn would support Byton in bringing the M-Byte into series production by the first quarter of 2022. Byton […]
Xiaomi planning to launch first EV in 2024
New details are now emerging about Xiaomi’s electric car plans, which will involve launching its first model in 2024. The following three years will see another 3 models released and looks like involving two factories in China. In March this year Xiomi announced plans to manufacture EVs ” and completed the trade registration of its […]
All-electric BMW i5 should hit markets in 2023
A new media report in Germany provides some info on the all-electric version of BMW’s 5 Series. The BMW i5 is to be presented in 2023 and will also have an M variant. The main rivals are said to be the Mercedes EQE and the Audi A6 e-tron. The German website Focus Online claims that […]
