Hyundai’s Nosovice plant has been key to Czech-South Korea ties since 2008. Should more automakers focus on diplomacy?
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Tag: Electric Vehicles
Foxconn’s ~$900M AI plant in Mexico undeterred by Trump tariffs
The Taiwanese company is investing $900M into an assembly plant in Mexico that will produce AI servers powered by Nvidia’s GB200 chips.
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Hyundai seeks to expand EV sales in Europe with new Türkiye plant
With a new EV plant in Türkiye, Hyundai is charging toward 100% zero-emission vehicle sales in Europe by 2035.
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Citing EV “rollercoaster” in US, BMW invests in internal combustion
17 percent of BMW sales are EVs; another 7 percent are hybrids.
BYD outsells Tesla and Toyota to conquer Singapore in 2024
Chinese NEV maker BYD has rocketed to the top of Singapore’s car sales chart for 2024, beating out giants like Toyota and electric vehicle juggernaut Tesla. Driving the news: BYD sold 6,191 vehicles in 2024, up a notable 337.22% from the 1,416 vehicles it sold in 2023, as per data from the data from the […]
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China officials eye German auto factories
Automakers and officials from China are reportedly eyeing German auto factories. They have specifically shown interest in sites owned by Volkswagen. A person who has knowledge about the Chinese government told Reuters that a factory in Germany would build influence in the country. The source suggests that factories in Germany would boost certain Chinese auto […]
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S&P Global Mobility sees notable EV sales growth for 2025
S&P Global Mobility is estimating a 30% increase in global battery electric vehicle (BEV) sales for 2025. Provided that the firm’s estimates prove accurate, this could result in 15.1 million battery electric passenger vehicles being sold in 2025. This would account for 16.7% of global light vehicle sales. Why It Matters: Despite challenges in consumer […]
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Whistleblower finds unencrypted location data for 800,000 VW EVs
Der Spiegel and Chaos Computer Club were able to tie data to car owners and their trips.
Hertz continues EV purge, asks renters if they want to buy instead of return
Get a used Chevy Bolt for a bit over $18,000 or a 2023 Tesla Model 3 for a bit less.
Rivian might have paid a huge price for its $6 billion DoE loan
Rivian Automotive may end up paying a huge price for its $6 billion loan from the U.S. Department of Energy. As per recent reports, Rivian appears to have agreed to terms that lean heavily towards unionization to secure its high-profile DoE loan. Strings Attached: In September, President Joe Biden issued an order directing agencies to […]
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