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Thursday, June 2, 2022

Stellantis stops Jeep produciton in Italy again due to chip shortage

Stellantis is preparing to add EV production at the Melfi plant but the factory has been hit by chip-related stoppages.

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BMW is launching an electric X1 crossover

The iX1 will be BMW'S first full-electric car in the premium compact segment.

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Wednesday, June 1, 2022

Eight automakers improve emergency response guides for EV battery fires, NTSB says

Honda, Hyundai, Mitsubishi, Porsche, VW and Volvo -- along with electric transit maker Proterra and electric bus maker Van Hool -- have completed the actions asked for in a recommendation issued in January 2021 to 22 vehicle manufacturers, the federal safety board said.

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Panasonic planning massive North America EV battery buildup

In ramping up regional output to meet booming demand for EVs, Panasonic also aims to increase localized sourcing of battery materials, targeting a 50 percent local procure rate.

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Hyundai, Kia sales drop again in May

With retail inventories still stuck below 1 million units, the U.S. light-vehicle market is expected to lose more momentum in May, with the seasonally adjusted, annualized rate of sales expected to fall as low as 13.1 million.

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Buick dropping gasoline-powered vehicles by 2030 for lineup of Electra EVs

Buick does not plan to launch any new internal combustion vehicles after 2024, when its first EV is scheduled to arrive.

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Rimac Group raises $537M to build EVs, Porsches and Bugattis

The cash allows the group to avoid being fully dependent on Porsche, which holds a 45 percent stake in Bugatti Rimac, the company formed in 2021 between Bugatti, Porsche, and Rimac.

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