2024 marks a significant milestone in the history of EVS, as we achieved a new revenue record for the fourth consecutive year. We keep demonstrating our ability to achieve topline growth and strong profit performance. In 2024, we celebrated 30 years of innovation and success with customers aroun...
100 and up to $12,500 off on its F-150 Lightning electric pickup truck. The company also dropped one of its two shifts at the Dearborn, Michigan, plant that builds the Lightning. GM is shifting some of its planned 2024 EV production into 2025, and even EV-darling...
Barra singled out theCadillac Lyriqfor particular attention. “On the 2025 Cadillac Lyriq alone, we've reduced the part count 24 percent from the 2024 model year with no compromises to performance or features. The list of parts or subsystems that we no longer need to design, engineer, source...
People visit the booth of Geely at the Automechanika in Frankfurt, Germany, Sept. 11, 2024. (Xinhua/Zhang Fan) SLOWING DOWN GREEN TRANSFORMATION Experts warn that in addition to disrupting trade and collaboration between the EU and China, the tariffs on Chinese EVs could jeopardize the EU's ...
Meanwhile,General Motors has cutits planned 2024 EV production range to 200,000 to 250,000 units, a decrease of 50,000 units. The US auto manufacturer is also delaying the launch of the first Buick EV model. Despite these challenges, the US EV market landscape has several bright spots. ...
with filings for Electra E1 through E9. While Buick had originally planned to reveal its first EV in 2024, the vehiclehas now been delayed, with the Electra E5's arrival possibly hampered by tariffs on Chinese-built EVs. It's unclear how this change in plans will affect Buick's hopes to...
Recently, BYD Americas’ CEOsaid in an interviewthat its new planned factory in Mexico will serve the domestic market rather than exporting to the US; Xing learned recently that NIO, another Chinese car company, removed the US from its initial plan of entering 25 markets by 2025.These are al...
Germany's auto giant Volkswagen also issued a statement, calling for a negotiated solution. It said that the planned tariffs are the wrong approach and would not improve the competitiveness of the European auto industry. "Today's vote is a fatal signal for the European automotive industry," BMW...
Inspecting, Testing, And Measuring SiC Demand for solutions is booming, but the technology is just beginning to gain its footing. How Quickly Can SiC Ramp? New capacity planned for 2024, but production will depend on equipment availability.Tags...
Germany's auto giant Volkswagen also issued a statement, calling for a negotiated solution. The planned tariffs, it said, are the wrong approach and would not improve the competitiveness of the European auto industry. "Today's vote is a fatal signal for the European automotive industry," BMW ...