
The new Scout division of Volkswagen reportedly paying Magna Steyr nearly a half billion dollars to develop its vehicles.



The 2024 Chevy Blazer EV is different. That’s because compared to the Ford Mustang Mach-E, the Hyundai Ioniq 5, the Kia EV6, the Volkswagen ID.4, and various others—anything you might compare it to directly—the Blazer EV is primarily a U.S.-bound product, conceived specifically with the U.S. in mind. After spending a few hours in...
Ford is reducing planned production volumes of the F-150 Lightning electric pickup truck by half next year, Automotive News reported Monday, citing a memo addressed to suppliers. According to the memo, Ford has told suppliers to prepare for average volume of around 1,600 Lightnings per week at the Rouge Electric Vehicle Center in Dearborn... 

So far this year, China's passenger NEV retail sales amounted to 6.996 million units, up 34 percent year-on-year.
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Edison Yu's team believes that Nio can cut costs in five areas: battery cells, chip development, battery swap, dealer network, and phone.
The post Deutsche Bank lists 5 areas where Nio can cut costs appeared first on CnEVPost.
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