Nemak Revokes Electric Vehicle Plans in Mexico and Germany to Adapt to Market Changes
Nemak (NEMAKA), Mexico’s leading aluminum automotive parts manufacturer, announced adjustments to its production plans for electric vehicle (EV) shells in response to the pressure on production capacity caused by the global slowdown in EV demand. Nemak Revokes Electric Vehicle Plans…
Electric Cars Took 89% of Norway Market in 2024
“We need only 10 percent more to reach the objective for 2025,” the Norwegian Road Federation (OFV) said in a statement.Of the 128,691 new car registrations last year, 114,400 were electric, the highest share of any major national car market…
Hyundai Motor EVs Secure up to $7,500 in U.S. Tax Credits
Electric vehicles (EVs) from Hyundai Motor Group are now eligible for tax credits of up to $7,500 (approximately 11 million won) per car under the Inflation Reduction Act (IRA), marking the first time the South Korean automaker’s models have qualified…
SoundHound AI and Lucid Motors Bring In-Vehicle Voice Assistant with Integrated Generative AI to Electric Vehicles
The Lucid Assistant is a revolutionary new hands-free voice assistant, offering customers an easy and intuitive way to control many vehicle functions by speech. To demonstrate the Lucid Assistant’s seamless functionality, SoundHound will host a hands-on experience with a Lucid…
EU Car Industry Must Speed up Electric Sales or Face Billions in Fines
The European car industry faces a pivotal year after tough EU CO2 emission standards came into force on 1 January, requiring a sharp increase in electric vehicle production to avoid hefty fines. With the imminent threat of fines amounting to…
Mitsubishi Chemical Group Targets EV Batteries, Semiconductors with Pair of Expansion Projects
The Mitsubishi Chemical Group (MCG; Tokyo) has announced two capacity expansions at its production sites in Japan in response to growing demand for semiconductor materials and lithium-ion batteries. In the first project, MCG will increase its production capacity of a…
Electric Transportation Partnership Launches in Idaho, States Across the West
The Boise-based nonprofit Treasure Valley Clean Cities Coalition is partnering in a new multi-state collaboration that is working to identify and connect sites for electric vehicle charging stations in the West. The new collaboration is called ChargeWest, the West Electric…
A Large Increase in Sales of Electric Cars is Predicted in Europe
Experts from S&P Global Mobility (financial analysis and forecasting) predict that sales of electric vehicles will increase to 15.1 million units next year, which will make their market share reach 16.7 percent of global sales. cars. Although final figures for…
California Approves $1.4 Billion Investment in Hydrogen Refueling Stations and EV Charging Infrastructure
The California Energy Commission (CEC) today approved a $1.4 billion investment plan that accelerates progress on the state’s electric vehicle (EV) charging and hydrogen refueling goals. These investments will help deploy infrastructure for light, medium, and heavy-duty zero-emission vehicles (ZEV)…
China’s Nio Says new Firefly EV to go on Sale in Europe in H1 2025
China’s Nio (NYSE:NIO) on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs. William Li, Nio’s CEO, told…
