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Hyosung to Invest $840 Million in Carbon Fiber Unit
South Korea’s Hyosung Corp. plans to invest 1 trillion won ($840 million) in its carbon fiber business by 2028.
Report: Deal Near on VW Factory in Turkey
Officials have all but finalized an agreement for a new Volkswagen Group assembly plant in Turkey that would begin production by 2023.
Williams Engineering Touts Dual-Chemistry Battery
U.K.-based Williams Advanced Engineering Ltd. is developing a next-generation battery that uses two types of lithium-ion cells to improve performance.
Thailand Moves to Legalize Ride-Hailing Services
Regulators in Thailand have drafted guidelines to legalize ride-hailing services in the country by March.
BMW to Debut 5G Tech in iNext EV
BMW AG plans to equip the production version of its Vision iNext electric concept vehicle with fifth-generation (5G) communications capability when the model launches in 2021.
VW Installs New Chief for Mobility Services Unit
Volkswagen AG has named Robert Henrich to head its MOIA mobility services unit.
Porsche in Talks with CATL on EV Batteries
Volkswagen AG’s Porsche unit has met several times with Contemporary Amperex Technology Ltd. about the Chinese company supplying lithium-ion batteries for future electric vehicles.
VW Amps Up Electric City Car
The electric variant of Volkswagen AG’s tiny Up! city car is getting a larger battery that the company says will increase real-world driving range from 118 miles to 161 miles.
GM Infotainment Gets Enhanced Google Power
General Motors Co. will begin using Google Inc.’s updated Android Automotive operating system in vehicle infotainment systems in 2021.
Bosch Partners with CATL on Battery Cells
Robert Bosch GmbH is partnering with China’s CATL (Contemporary Amperex Technology Co.) to develop next-generation 48-volt batteries.