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Volvo Cars to invest $1bn in EV production at Torslanda plant
Posted: 08 Feb 2022 03:03 AM PST
Volvo Cars has confirmed that it will invest SEK 10 billion ($1 billion/€957.5 million) in its Torslanda manufacturing plant in Sweden. The investment will be spread over the coming years and deliver enhancements to the factory to help it produce the OEM’s new EVs. Through its investment, the automaker will introduce a number of new […]
Faurecia and HELLA announce combined group name
Posted: 08 Feb 2022 03:02 AM PST
Following its acquisition of a controlling stake in HELLA, Faurecia has introduced FORVIA – the name of the newly combined group. The name is a combination of ‘forward’ and ‘via’. Through FORVIA, both companies will explore opportunities in safety, sustainability, advanced solutions, and customized experiences. Faurecia and HELLA will continue to operate as two independent […]
BMW and Electrify America to provide free charging for EV customers
Posted: 07 Feb 2022 03:29 AM PST
BMW North America and Electrify America have announced an agreement to provide 2022 BMW EV customers with two years of 30-minute complimentary charging sessions at Electrify America’s public charging stations. The program will launch with the sale of BMW iX xDrive50, i4 eDrive40 and i4 M50 models and begin from the date of vehicle purchase. Customers […]
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