Hertz to order up to 175K GM electric vehicles over 5 years Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop electric vehicles from General Motors over the next five years
GM to invest $760 million to shift Ohio plant to EV-part production
General Motors Co said on Friday it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks, the automaker's first U.S. powertrain facility repurposed for EV-related production.
Ford shuffles management, seeks new global supply chain head
DETROIT (AP) — Ford is restructuring its vehicle development and supply chain operations, shuffling multiple executives just days after announcing that it would build up to 45,000 vehicles with parts missing due to shortages .
Kia Corp to produce electric vehicles in the U.S. from 2024 - reports
Kia Corp is expected to produce electric vehicles in the United States from 2024, South Korean media Maeil Business Newspaper and TV channel SBS reported on Tuesday, citing an unidentified auto industry source.
EXCLUSIVE Tesla weighs reset for China retail strategy even as sales boom
Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans
Kia plans to build EVs in the US to comply with new federal tax credit
The Inflation Reduction Act affects other EV automakers as well.
GM will sell 175,000 electric vehicles to Hertz over the next five years
The deal is meant to drive broader EV adoption.
Hertz to order up to 175K GM electric vehicles over 5 years
Hertz plans to order up to 175,000 electric vehicles from General Motors over the next five years. The agreement announced Tuesday includes electric vehicle deliveries through 2027 and will include SUVs, pickups and luxury automobiles from Chevrolet, Buic