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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. The tentative name of the JV is Guangzhou Nidec Auto Drive System Co., billion to US$9.3 billion) in 2030.

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Lithia Motors buys 14 automobile dealerships from Precedence Auto Staff

Baua Electric

The purchase builds off Lithia’s tiny footprint within the Mid-Atlantic environment and provides the automobile store a large presence right through Virginia. The post Lithia Motors buys 14 automobile dealerships from Precedence Auto Staff appeared first on Bauaelectric Auto News.

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Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto

Baua Electric

Ford mentioned the project was once being shaped “to better grasp the development trend of electrification and intelligence in the auto industry.” The post Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto appeared first on Bauaelectric Auto News.

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Toyota unveils 2 New bZ series EV models at Auto Shanghai

Green Car Congress

Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. BTET), a joint venture established by Toyota and BYD—; FAW Toyota Motor; and Toyota Motor Engineering & Manufacturing (China).

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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. Equipped with a permanent magnet synchronous motor, Tiago.ev Equipped with a permanent magnet synchronous motor, Tiago.ev The battery and motor also come with 8 years or 160,000 km warranty.

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Tesla to make a comeback at 2024 Paris Motor Show with Cybertruck, Optimus

Teslarati

Tesla is making a grand comeback to the prestigious 2024 Paris Motor Show after six years of absence. The 2024 Paris Motor Show (Mondial de l’Auto – Paris) is expected to be held from October 14 to 20, 2024. As noted by the Paris Motor Show on its official website , Tesla’s last appearance at the event was in 2018.

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Auto Inc invested Rs 14,043 till March end under PLI scheme for automobile, components | Autocar Professional

Baua Electric

The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow.