Industry Voices
VinFast Shifts Gears, Delays Production to Start Later in 2028
VinFast faces another setback as it delays production at its North Carolina plant for the second time, shifting the start from 2025 to a potential 2028 launch. With underwhelming sales last year and rising challenges, VinFast embarks on a thorough review of its construction process for the factory.
By Dabbie Davis
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Volkswagen Recalls Over 271,000 Atlas SUVs Due to Defective Airbag That May Malfunction During Crash
Volkswagen's latest concern involves a recall affecting 271,330 Atlas SUVs due to faulty airbags, particularly in the front passenger seat. This defect could lead to airbag non-deployment during crashes, posing significant safety risks. Volkswagen aims to rectify this issue promptly and ensure customer safety through timely repairs at no cost.
By Dabbie Davis
Rivian Address Concern Over Weight Capacity Mislabeling on R1S and R1T: Issue Recall
Rivian recently recalled certain R1S and R1T models due to mislabeled weight capacities on their tire placards. This recall affects vehicles from 2022 and 2023, totaling 666 cars. Rivian is taking proactive steps, mailing corrected placards to owners to prevent any safety risks associated with the mislabeling.
By Dabbie Davis
Volkswagen Propels $5 Billion Rivian Investment: Software, Other Technologies Development
Volkswagen embarks on a fresh collaboration with Rivian, injecting a substantial $5 billion into their joint initiatives. This investment aims to drive software and technology developments for electric vehicles, marking a significant step in their strategic alliance. The partnership holds promise for enhancing both companies' strengths and market positions.
By Dabbie Davis
NIO Expresses Confidence: Firefly EVs to Compete Amid Tariffs in Europe
NIO plans to launch the Firefly EV in China first, followed by a debut in Europe by mid-2025. CEO William Li is confident in Firefly's sure success in Europe despite tariff challenges. The pricing strategy aims for affordability at 100,000-200,000 yuan, signaling NIO's commitment to global expansion and competitive positioning.
By Dabbie Davis
Koenigsegg Conducts Preventive Measure: Sends Do Not Drive Warning After Fire Burns $3 Million Hypercar in Greece
Over the weekend, a Koenigsegg Jesko faced a fiery ordeal in Greece, prompting urgent action. The manufacturer issues a critical warning to the 28 owners, emphasizing safety. The hypercar met its fate during the 6to6 Europe Tour 2024 rally, sparking investigations into the cause of the unexpected fire incident.
By Dabbie Davis
Polestar Automotive Targets Expansion, To Enter 7 New Markets in 2025
Polestar Automotive is set to make a significant splash in new markets come next year, expanding its footprint across Europe and local partnerships in Thailand and Brazil. This move signifies a strategic step towards broadening its commercial and retail reach to cater to a wider audience.
By Dabbie Davis
Honda, Mitsubishi Enter Joint Venture - Altna, Battery-Lease Business
Introducing Altna, a groundbreaking venture born from the collaboration between Honda and Mitsubishi. Focused on battery-lease plans for electric mini vehicles, this partnership aims to optimize EV usage cost effectively. With a strategic approach, Altna is set to revolutionize the electric vehicle market landscape.
By Dabbie Davis
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Toyota Strengthens U.S. Manufacturing with New EV Battery Hub in North Carolina
By Madelaine Panganiban
General Motors Hit With $1.6 Billion Charge as Trump Administration Cuts EV Incentives
By Madelaine Panganiban
