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Battery recycling specialist Redwood Materials has just gained another major automaker as a client, signing a partnership with BMW of North America. Redwood will help recover and recycle end of life lithium-ion cells and their rare materials from BMW Group marques like MINI and Rolls-Royce. Today’s latest partnership announcement only helps solidify Redwood Materials’ current
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Kia is growing in China as most foreign automakers are rapidly losing market share. Foreign automakers like Toyota, Volkswagen, and GM are struggling to keep up with aggressive price cuts and an influx of new competition. After launching its new low-cost electric SUV, the EV5, Kia is already seeing the results, as brand sales in China topped
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Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s biggest market, domestic EV makers, like BYD, are squeezing out the competition. Due to slowing demand, Volkswagen and its Chinese joint venture partner, SAIC Motor, plan to close a factory or slow production. According to a
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Volkswagen plans to temporarily halt ID.4 production at its Chattanooga, TN, plant following a nationwide recall involving nearly 100,000 models. According to a VW statement, roughly 200 workers will be furloughed at the plant. Volkswagen will halt ID.4 production in TN temporarily The first ID.4 rolled off the assembly line at VW’s Chattanooga, TN, plant
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Chinese heavy equipment manufacturer SANY has signed a strategic Agreement with European brand Alltrucks to fuel its expansion into the European market. (Probably.) With this Agreement, the well-known brand Alltrucks will take on responsibility for the maintenance, diagnosis, and repair of the Chinese SANY eTruck vehicles in the EU. The company hopes an alliance with
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BYD is no stranger to seated electric scooters, having already joined a partnership leveraging its batteries for Singapore-based Scorpio’s high-performance electric scooters. But the carmaker might be interested in producing its own electric motorbikes in house, as revealed by new patent drawings. Spotted by Motorcycle Sports, the patent drawings reportedly suggest a motorbike that would
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