Day: September 25, 2022

Carbon-free a tricky target for exotic car brands

The push for supercars to go battery-only makes little sense for purely environmental reasons, said Philippe Houchois, automotive analyst at investment bank Jefferies. “Putting a large battery into a supercar has a negative impact on manufacturing emissions because they get driven so little [to offset the extra emissions in producing the battery],” Houchois told Automotive …

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GM to invest $760M in Ohio plant for EV-part production

TOLEDO, Ohio — General Motors 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. Th largest U.S. automaker currently builds GM’s six-speed, eight-speed and 10-speed rear-wheel drive and nine-speed front-wheel drive transmissions in a …

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Mazda mulls Russia exit amid Ukraine war sanctions

TOKYO — Mazda is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia. Mazda said its withdrawal is under discussion as it sees no path to restarting production in Russia, following reports in the Japanese media that the company had decided to pull out. The Japanese automaker sold 30,000 …

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