LG Energy Solution plans to cut capex on slowing EV demand after Q4 loss
The company, which makes batteries for Tesla, General Motors and Volkswagen, reported an operating loss of 226 billion won ...
Meyer Shank Racing returns to Rolex 24 as 61 cars and 235 drivers prep for Daytona endurance race
Meyer Shank Racing opened the 2022 season with a win at the Rolex 24 of Daytona and closed it by winning the IMSA Series championship.The next year marked back-to-back Rolex wins, but by the end of ...
Electrek17h
Hyundai wants to re-badge EVs and sell them to GM: Here’s how it will work
“We are considering re-badging our commercial EVs and supplying GM,” Hyundai’s CFO, Lee Seung Jo, said on a conference call (via Reuters) Thursday. Lee added the deal would pave the way for our entry ...
Hyundai and General Motors get cozier as they eye the U.S. electric vehicle market
Looking ahead, Hyundai ( OTCPK:HYMTF) stated that it aims to sign binding deals with General Motors (NYSE: GM) involving ...
The Cool Down on MSN23h
Honda's all-electric SUV is rapidly outselling other models — here's why drivers are scrambling to buy this 'surprise hit'
"The range is right at that magic 300 mile mark." Honda's all-electric SUV is rapidly outselling other models — here's why ...
Nissan to procure EV batteries from SK On for US market, Nikkei reports
Nissan Motor plans to procure batteries for electric vehicles sold in the U.S. from South Korea's SK On from around 2028 ...
Hyundai Motor Nears GM Tie-Up Deal; Sees Revenue Growth Slowing in 2025
Hyundai, which with affiliate Kia is the world's third-biggest automaker by sales, on Thursday forecast 2025 revenue growth ...
Tesla Owners Are Getting Real About What They Plan To Do With Their Cars After Elon Musk's Salute At Trump's Inauguration, And It's A Mixed Bag
"I’m ending my lease two months early. When the Tesla rep asked why I’m not considering another Tesla, I said I’m sick of ...
IMD business school1d
Honda and Nissan need more than a $58bn merger to compete with Chinese EVs
Honda and Nissan's $58bn merger aims to compete with China's EV dominance, but risks include cultural clashes, overlapping ...
New car average transaction prices flirt with record highs and GM, Ford EV sales soar
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall ...
These Honda models could spawn from their potential merger with Nissan
As Honda and Nissan negotiate the terms of a possible merger, we take a speculative look at what new vehicles could spawn ...
For Construction Pros2d
Honda Introduces New Design Concept for Expansion of GX Series Engines
Two all-new engines, Honda iGX400 and the Honda iGX430 models, will be products of the design concept, offering commercial ...