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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. Toyota Group remains the global auto industry leader, with an operating profit of $7.15 The Asian car manufacturer beat Volkswagen, which has held second place for some time. billion, slightly below Hyundai.

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Ohio State takes first place in DOE/GM EcoCAR 3 competition

Green Car Congress

liter engine, five-speed automated manual transmission, 150 kW electric machine, and an 18.9 For the second leg of competition, teams headed to southern California for track events, including autocross, acceleration, and consumer appeal at the Auto Club Speedway in Fontana. Industry and government officials judged the presentations.

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American Honda Motor Co. Begins Use and Testing of Class 8 Hybrid Truck

Green Car Congress

American Honda Motor has introduced a Class 8 hybrid diesel electric truck into its truck fleet at its parts center in Alpharetta, Ga—the first such in the auto industry.

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The EV Transition Explained

Cars That Think

But when you pop the Lightning’s hood, you find the internal combustion engine has gone missing. The EV Transition Explained This is the first in a series of articles presenting just some of the technological and social challenges in moving from vehicles with internal combustion engines to electric vehicles. In its place is a.

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Magna producing all-thermoplastic, fully recyclable liftgate module for 2014 Nissan Rogue

Green Car Congress

The liftgate was recognized in November 2013 by the Society of Plastics Engineers as the year’s most innovative use of plastics in the auto industry. The full liftgate assembly is 30% lighter than comparable stamped steel systems, which helps contribute to the vehicle’s overall fuel economy increase.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Outfitting of a high-volume manufacturing facility to build DC Bus Capacitors for the electric drive vehicle industry.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

One of the most vexing social challenges confronting the transition to EVs at scale is dealing with the effects that governmental EV transition policies will have on millions of jobs across a wide swath of industries. President Biden says his EV policies will result in “one million new jobs in the American automobile industry.

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