latest news

COMPUTER LAPTOP TECH BLUE COMPUTER

Global EV Market Faces Expected Downturn, Says Battery Producer LG

the South Korean battery manufacturer expects a temporary EV industry slowdown in the upcoming year, citing factors like conservative OEM inventory practices and metal price declines. LGES, a key supplier to Tesla, General Motors, and Volkswagen, reported a notable operating profit increase in the last quarter.

By Dabbie Davis

DASHBOARD SPEEDOMETER GAUGE FUEL

GM, Honda Partnership Ventures on Hydrogen Fuel Cell Production in North America

General Motors and Honda have initiated the production of hydrogen fuel cells at a Michigan facility, a part of their joint venture focused on providing zero-emission solutions alongside battery-electric vehicles. The production, based on a 50-50 partnership within a suburban Detroit facility, is seen as a potential alternative to diesel fuel for heavy-duty trucks, generators, and more.

By Dabbie Davis

VOLKSWAGEN CAR BEETLE RED

2023-2024 VW ID.4 Models Qualify for Full $7,500 Tax Credit, Reports Say

The 2023MY and 2024MY Volkswagen ID.4 models now qualify for the full $7,500 federal EV tax credit in the United States. Volkswagen is the first foreign automaker to meet stringent battery supply regulations, thanks to SK On batteries in most 2023 models.

By Dabbie Davis

 A BLACK KIA SPORTAGE

Kia Initiates Recall Affecting 100,000+ Vehicles with Roof Molding Concern

In 2023 Kia observed an increasing number of complaints related to loose or detached roof moldings in their Sportage SUVs and Carnival minivans through field reports. This concern prompted Kia North America Safety Office to communicate with Kia Corporation in South Korea, leading to duplication tests for vehicles ranging from model years 2022 to 2024 for Carnivals and 2023 to 2024 for Sportages.

By Dabbie Davis

PHOTO OF WHITE NISSAN CAR

Nissan Prepares to Pull Out Rogue Production in U.S. Amidst High Supply Prices

Nissan is contemplating relocating Rogue production from the United States, demanding supplier price reductions, which has raised concerns for the Tennessee factory. The company also considers moving production to Japan for cost savings, potentially impacting Smyrna's output. The Rogue currently accounts for nearly 40% of the plant's total production.

By Dabbie Davis

TOYOTA YARIS PARKED ON THE ROAD

Toyota's Chairman Stands Firm on Electric Car Skepticism and Forecast, EV Peak only at 30%

Akio Toyoda, Chairman of Toyota, reiterates his skepticism about electric cars, predicting a market share capped at 30%. Despite Norway and Sweden's success with EVs, Toyoda remains a vocal critic, advocating for a focus on hybrid and hydrogen technologies, especially in regions lacking electricity access.

By Dabbie Davis

Real Time Analytics