After months of wondering as to where Tesla’s massive Gigafactory would end up, an answer could come as soon as 4 p.m. Mountain, when Nevada Governor Brian Sandoval and the automaker plan to hold a joint press conference in Carson City.
Categories:
Tag: capital investments
Kia announced Wednesday that it plans to build “a range of yet-to-be confirmed compact models” at its new plant in Monterrey, Mexico after Job 1 production begins in H1 2016.
Not too long ago, we brought you news of the U.S. government and a handful of automakers coming together to bring vehicle-to-vehicle communication systems online by 2020 at the earliest. Though the government is excited to make your vehicles more connected, running the show is a task the feds simply cannot afford to do.
Though EVs currently hold the high ground in the zero-emission vehicle market, a new report claims those vehicles will be giving ground to hydrogen in the near future.
Daimler’s partnership with Aston Martin is growing, as the former will supply electric and electronic components to the latter for a 1 percent increase in holdings.
Fiat Chrysler Automobiles CEO Sergio Marchionne is open to forming new alliance with other automakers as far as cost-savings are concerned, but he maintains that Alfa Romeo is not for sale.
It’s almost official: Panasonic and Tesla will enter into a basic agreement where the former will supply the latter with battery-production machines for the automaker’s up-and-coming Gigafactory.
With the need to increase supply to meet U.S. demand, Kia is in talks with Mexican officials about building a new factory in the country.
Those who just ordered their Tesla Model S may need to wait a bit, as the premium EV automaker has idled its California factory in order to tool up for the upcoming Model X SUV.
Twenty years ago, BMW began building vehicles at its first North American factory in Spartanburg, S.C., a move that has paid off well for the German automaker, both against its rivals Mercedes and Audi, and as an example for the industry as a whole.
Sharing the pages of The Wall Street Journal’s 125th Anniversary issue with the likes of Mark Zuckerberg, Larry Summers and Taylor Swift, Ford Executive Chairman Bill Ford, Jr. sees a future for the automotive industry so bright, he’ll need to wear shades.
Though BMW may announce Thursday where in Mexico it will build its second North American plant, sources close to the matter said the plant will pump 150,000 units annually into auto trains bound for the United States.
Still mulling over where to build a second North American factory, BMW CEO Norbert Reithofer stated his company would have an answer before the automaker goes on summer break.
In light of high demand in the United States for its offerings, Kia will build its first Mexican plant in Monterrey to help bring additional capacity to North America.
For those awaiting when and where Tesla will build its first Gigafactory, the automaker announced the decision should come near the end of the year, and that said Gigafactory will have siblings.
Recent Comments