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Software and chip company Foxconn has unveiled three new vehicles that it has developed in-house. All of them have been developed on an open platform, which was built specifically for battery-electric vehicles. The three vehicles will be marketed under the Foxtron brand, a joint venture between Foxconn and Yulon Motor. Luxgen and CMC, Yulon’s stand-alone […]

Toyota announced that it is investing $3.4 billion through 2030 to produce batteries for electrified vehicles in the United States. This is to help develop and localize battery production in the region. It is part of a larger $13.5 trillion investment that the automaker has set aside for the development and production of batteries. To […]

Stellantis and LG Energy Solutions have announced that both companies have entered into a memorandum of understanding to manufacture battery cells and modules for the North American market. This new tie-up aims to help the former meet its target of making 40 percent of its sales in the U.S. consist of electrified vehicles by 2030. […]

Ford Europe has announced that it will turn its facility in Halewood, United Kingdom into a center building components for battery-electric vehicles. This £230 ($315.6 million) investment is the latest in the Blue Oval’s global electrification offensive. The Halewood site currently builds transmissions and will transition to making power units for EVs in mid-2024. This […]

BMW i Ventures, BMW’s venture capital firm, has announced that it has invested in the Michigan-based startup Our Next Energy (ONE). The startup aims to help develop lower-cost batteries that also give battery-electric vehiclesmore range. “Our Next Energy is working to fundamentally reinvent the battery while focusing on sustainability, safety, and cost; three key factors […]

Honda has outlined its electrification strategy for the Chinese market, which will only get hybrids and battery-electric vehicles after 2030. Over the next five years, it will introduce 10 EVs in its new e: N series with the e: NS1 and e: NP1 going on sale first. Three more concept cars are being developed to […]

The last of the six battery-electric vehicles that form Mercedes-Benz’s electrification offensive has been caught for the first time in a remote part of Germany. The 2023 Mercedes-Benz EQE SUV will be the third crossover in the brand’s EQ lineup of EVs. It will slot between the EQB, a tall subcompact utility vehicle, and the […]

Alfa Romeo will finally get a much-needed dose of new products for the next two years. The brand’s boss, Jean-Phillipe Imparato has revealed at a dealer event that Alfa Romeo will launch a new vehicle every year until 2026. This was later confirmed to Reuters by a Stellantis spokesperson. After that, the Alfa Romeo brand […]

The next vehicle in Audi’s electrification offensive has been caught testing in the German countryside. Slotting between the Q4 e-tron and e-tron SUV, the 2023 Audi Q6 e-tron will be the first vehicle on the new PPE platform codeveloped with Porsche. Audi CEO Markus Duesmann confirmed that the Q6 e-tron will launch in 2022 and […]

Quite possibly one of the worst kept secrets in the auto industry is that the Chevrolet Corvette is getting electrified. After General Motors filed trademarks for the E-Ray moniker, it became clear what its intentions were. Well, proof of that has finally appeared because a prototype just showed up testing near the Nürburgring Nordschleife racetrack […]