Spartanburg (USA)/Munich. The BMW Group continues to develop its electromobility plans with new investments in the United States to expand the Spartanburg plant and the company’s manufacturing footprint in the United States. Oliver, Chairman of the BMW Group Management Board… Source: www.press.bmwgroup.com
The auto industry is showing signs of a healthy recovery from coronavirus-related shutdowns and delays. Getty Images U.S. auto sales were strong in the third quarter compared to the second quarter, which was hit by the coronavirus, but dealers say… Source: www.forbes.com
“There will be another car coming out of Trollhättan.” This is an announcement that means little to most people, but it is a unique combination of family-friendly nature, performance credibility and moose-proof features. This will be exciting for some car enthusiasts who love Swedish cars. Yes, all you Saab fans. Sweden’s second most famous… Source: Kelley Blue Book
Stellantis (STLA – Free Report) has entered into a binding agreement with Contemporary Amperex Technology Co. (CATL) to localize the supply of lithium iron phosphate (“LFP”) batteries and cells that power the automaker’s electricity. have entered into a Memorandum of Understanding (“MoU”). Production of motor vehicles (“EVs”) in Europe. To… Source: www.zacks.com