New Premium Electric Vehicle Brand Zeekr Is Exploring IPO Options in the U.S. or Hong Kong, According to SourcesOct 01, 2022 12:25 PM WST
New electric vehicle brand Zeekr Intelligent Technology Ltd. (“Zeekr”), which is owned by Chinese automaker Zhejiang Geely Holding Group ("Geely"), is mulling plans to launch an IPO in either the U.S. or Hong Kong. Geely announced the Zeekr in March 2021 as a standalone brand to compete with Tesla, XPeng, NIO Inc. and others in the premium EV category in China. The company is targeting tech-savvy, younger customers more likely to purchase an electric vehicle.
Ford Announces the Largest Utility Agreement in the U.S. History to Assemble All of its Vehicles in Michigan Using 100% Renewable Energy by 2025Sep 16, 2022 8:10 AM WST
A new agreement announced by Ford Motor Co and Detroit-based energy company DTE Energy represents a major step for the automaker to reach its renewable energy goals. As part of the agreement, DTE will add 650 megawatts of new solar energy capacity in Michigan for Ford. The automaker will use this renewable solar energy to produce all of its vehicles in Michigan by 2025.
Volkswagen Announces Pricing and Styling Updates for the 2023 ID.4 Electric SUV, Which is Being Assembled in TennesseeSep 10, 2022 2:30 PM WST
Volkswagen of America announced that pricing for the 2023 ID.4 electric compact SUV will start at an MSRP of $37,495, making the electric SUV much more affordable than Tesla’s popular Model Y, as the ID.4 is eligible for the $7,500 EV tax credit in the U.S. The new ID.4 is being assembled in the U.S. at Volkswagen’s factory Chattanooga, Tennessee.
Ford Unveils the F-150 Lightning Special Service Vehicle, a Fully Electric Pickup for Police DepartmentsSep 03, 2022 10:45 AM WST
Ford launched America’s first electric pickup truck purpose-built for police, the 2023 Ford F-150 Lightning Pro Special Service Vehicle (SSV). in addition to being a fast electric pursuit vehicle, The F-150 Lightning Pro SSV is designed to handle the specialized needs of community police departments, such as assisting at an accident or crime scene, or towing a boat or trailer.
Volkswagen Group China Unveils its ‘Flying Tiger’ Electric Vertical Take-Off and Landing (eVTOL) Passenger Aircraft PrototypeSep 02, 2022 1:15 PM WST
Volkswagen Group China (VGC), the joint venture of Germany-based Volkswagen Group, unveiled its first electric vertical take-off and landing (eVTOL) passenger drone prototype nicknamed "Flying Tiger". The eVTOL aircraft is part of the automaker’s strategy to explore and break new ground in fully electric and sustainable mobility concepts. The prototype is based on VGC’s existing autonomous driving and EV battery technology.
Volkswagen Starts Production of the Electric ID.4 SUV in Tennessee, Presents New Competition for Tesla, GM and FordSep 01, 2022 10:30 AM WST
Volkswagen is now building electric vehicles for the first time ever in the United States. The automaker announced that it started production of the ID.4 electric SUV at its revamped factory in Chattanooga, Tennessee. The U.S.-built ID.4 has the potential to become a big seller for VW, as the SUV and crossover segment is one of the most popular in the U.S.
Lucid Group Hires Key Executives that Formerly Worked for Mercedes-Benz and Tesla as it Prepares for Global Expansion and Production Ramp UpAug 28, 2022 9:15 AM WST
Luxury-electric automaker Lucid Group announced the appointments of Evelyn Chiang as VP of Process Transformation and Walter Ludwig as its VP of Global Logistics as it aims to ramp up production. The two executives bring a wealth of global expertise and decades of operational excellence from companies including Mercedes-Benz and Tesla.
Volkswagen Group of America President and CEO is Appointed to Lead the Automaker's New Electric Off-Road Truck Division ‘Scout’Aug 25, 2022 10:15 AM WST
Volkswagen has made some executive appointments as it prepares to launch its new rugged electric truck brand Scout. Scott Keogh, who has served as President and CEO of Volkswagen Group of America since Nov 2018, will turn over his responsibilities in order to focus solely on the development of the Scout brand in the U.S.
General Motors is Building a Coast-to-Coast DC Fast EV Charging Network in the U.S. in a New Partnership with Travel Center Operator Pilot CompanyAug 20, 2022 2:10 PM WST
General Motors announced a new partnership with Pilot Company, a leading operator of gas stations and truck stops in the U.S. The two companies are collaborating on a nationwide DC electric vehicle fast charging network that will be installed, operated and maintained by EV charging provider EVgo.
Volvo’s Parent Company Geely Launches a New Outdoor Lifestyle EV Brand Named 'RADAR'Aug 19, 2022 9:30 AM WST
Chinese automaker Zhejiang Geely Holding Group Ltd (“Geely’), which is the parent company of Sweden’s Volvo Cars, is following in Rivian’s footsteps and launched a new outdoor lifestyle EV brand in China named RADAR. The brand will target urban professionals that want an electric vehicle to take on weekend adventures such as camping trips.