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China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc. and Ford Motor Co.
China’s Contemporary Amperex Technology Co Ltd (CATL, 新能源科技), the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc and Ford Motor Co. The battery manufacturer is considering Ciudad Juarez, in the state of Chihuahua, and Saltillo, in Coahuila, people familiar with the deliberations said. Both are near the Texas border. The company is contemplating an investment of as much US$5 billion in the project, the people said. Ciudad Juarez is attractive in part because it is c...
SEOUL: Hyundai Motor Co unveiled a sedan version of its cult electric vehicle yesterday, with an interior that can beam different colours depending on the speed of the car, as the automaker continues its ambitious EV push with an eye on challenging rivals such as Tesla Inc and General Motors Co.
Hyundai's sedan will expand its EV range beyond its current crossovers and SUVs to compete head-to-head against Tesla in a popular category.
Hyundai's sedan will expand its EV range beyond its current crossovers and SUVs to compete head-to-head against Tesla in a popular category.