Mercedes-Benz to build smart brand cars with Geely

Geely automobile holding

Mercedes-Benz is set to build smart-branded electric cars with Zhejiang Geely Holding Group in Xian, China from a base with a yearly capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG stated on Saturday. Daimler’s Executive Vice President in China Leng Yan informed Reuters on the sidelines of China’s EV100 […]

GM and LG Chem to build $2.3 billion electric vehicle battery plant

LG Chem logo

General Motors and South Korea’s LG Chem stated on Thursday they will invest $2.3 billion to construct an electric vehicle battery cell joint venture plant in Ohio, forming one of the world’s largest battery facilities. The plant, to be constructed near GM’s closed assembly plant located in Lordstown in northeast Ohio, will employ over 1,100 […]

Volkswagen starts factory production of electric car which is ‘accessible to millions’

Volkswagen brand logo

The Volkswagen Group formally started series production of its ID.3 electric car this week, with the automaker aiming to become a world leader in the developing field of e-mobility. A ceremony, held at Volkswagen’s Zwickau plant, was visited by CEO Herbert Diess and German Chancellor Angela Merkel, as well as others. In a speech, excerpts […]