US President Joe Biden, with Common Motors CEO Mary Barra, appears to be at a Chevrolet Silverado EV as he excursions the 2022 North American Global Auto Exhibit at Huntington…
Tag: invest
Why Toyota is battling criticism it has been too slow to invest in EVs
The world’s most significant automaker, Toyota, is battling criticism it is driving rivals on electric powered cars, and is even operating to attempt and block the transition to zero-emission electric…
BMW to invest $1.7 billion in U.S. to produce electric vehicles
BMW Group plans to invest $1.7 billion in its U.S. functions to develop electric powered motor vehicles and batteries, the firm announced Wednesday. The expense will consist of $1 billion…
GM offers to buy out Buick dealers that don’t want to invest in EVs
Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. Basic Motors Co. Joel Lerner | Xinhua News Company | Getty Pictures DETROIT –…
Toyota says it will invest extra $2.5 billion in North Carolina plant
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The agency is making an attempt to make headway in the progressively aggressive electric powered car marketplace. Toru Hanai…
Hyundai, Boston Dynamics Invest $400 Million To Make Robots Smarter
Hyundai Motor Group and Boston Dynamics introduced the launch of the Boston Dynamics AI Institute. The research-to start with organization’s goal is to make basic improvements in synthetic intelligence (AI), robotics, and…
VW, partners to invest over $20 billion in car battery business
SALZGITTER, Germany — Volkswagen reported on Thursday it would invest more than 20 billion euros ($20.38 billion) in a battery cell business enterprise jointly with companions, producing 20,000 positions and…
Jokowi lays out his pitch for why Elon Musk should invest in Indonesia
Elon Musk, in this article viewed at an function in New York in early-Might, is becoming aggressively courted to develop his electric powered automobiles “conclusion to conclusion” in source-loaded Indonesia.…
Stellantis, Samsung to invest $2.5 billion in Indiana EV battery plant
Stellantis CEO Carlos Tavares holds a information convention right after conference with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters Automaker Stellantis plans to invest additional than…
Hyundai to invest $5.5 billion to build EVs and batteries in Georgia
The emblem of Hyundai is shown at the #WeAreMobility good at the 97th edition of the Brussels Motor Exhibit on 18 January 2019, in Brussels. Dirk Waem | AFP by…