Jaguar Land Rover-owner set to choose UK over Spain for EV battery plant

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Starkey’s SoundGear Named the Official Hearing Protection Partner of Toyota Racing Development

May 24, 2023 3:00 PM EDT

Eden Prairie, Minnesota, May 24, 2023 (GLOBE NEWSWIRE) -- Toyota Racing Development (TRD) and Starkey are pleased to announce a new official partnership. Starkeys... More

Reclaimed Kentucky Coal Mine Sees the Sun Shining on New Solar Power Purchase Agreement with Toyota

May 24, 2023 8:00 AM EDT

Brownfield coal mining site to be converted to produce clean, renewable solar energySite located in energy community featuring existing transmission infrastructureToyota signs agreement with Savion to offtake 100 MW of electricity to be generated by project

MARTIN COUNTY, Ky., May 24, 2023 /PRNewswire/ -- The sun will power more of Toyota Motor North America Inc.'s (Toyota's) operations thanks... More

Honda to Participate in FIA Formula One World Championship from 2026 Season as Power Unit Supplier for Aston Martin Aramco Cognizant Formula One Team

May 24, 2023 6:48 AM EDT

TOKYO, May 24, 2023 - (JCN Newswire) - - Honda Motor Co., Ltd. today announced plans to participate in the FIA(1) Formula One World Championship (F1) from the 2026 season as a power unit supplier. Honda has agreed to enter into a works partnership with the Aston Martin Aramco Cognizant Formula One Team to supply power units compliant with the new F1 power unit regulations which will take effect in the 2026 season.

In pursuit of its goal of achieving carbon neutrality by 2030, starting from the 2026 season, F1 will implement new regulations with an engine/electric motor maximum power output ratio of 50/50.... More

XPENG Reports First Quarter 2023 Unaudited Financial Results

May 24, 2023 6:00 AM EDT

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB34.12 billion (US$4.97 billion) as of March 31, 2023 Quarterly total revenues were RMB4.03 billion, a 21.5% decrease quarter-over-quarter Quarterly gross margin was 1.7%, a decrease of 7.0 percentage points quarter-over-quarter

GUANGZHOU, China--(BUSINESS WIRE)-- XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced its unaudited financial results for the three months ended March 31, 2023.

Operational and Financial Highlights for the Three Months Ended... More

Safely Aware: Industry-leading V2X Activation Equips 1.8 Million Stellantis Vehicles With Emergency Vehicle Alert System

May 23, 2023 2:00 PM EDT

AUBURN HILLS, Mich., May 23, 2023 /PRNewswire/ --

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Toyota North America Recognized in The Civic 50 As A Top Community-Minded Company in the U.S.

May 23, 2023 9:00 AM EDT

Points of Light Foundation lists Toyota North America* as one of its 2023 Honorees of The Civic 50, Recognized as a Top Community-Minded Company in the U.S.

PLANO, Texas, May 23, 2023 /PRNewswire/ -- Toyota North America* has been named a 2023 honoree of The Civic 50, the annual survey... More

NIO Inc. to Hold the All-New ES6 Launch Event on May 24, 2023

May 23, 2023 7:15 AM EDT

SHANGHAI, China, May 23, 2023 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects to host the all-new ES6 launch event in China on Wednesday, May 24, 2023.

The all-new ES6 launch event will start at 7:00 AM U.S. Eastern Time on May 24, 2023 (7:00 PM Beijing/Hong Kong/Singapore Time on May 24, 2023), and the live video webcast will be accessible on multiple platforms in Mandarin Chinese, including... More