The Arkansas-based company said the shift from using VDL Nedcar overseas to relying on the plants it is building in northwest Arkansas and Pryor, Oklahoma, was made to reduce supply-chain vulnerabilities and overseas shipping costs, and increase speed to market for its vehicles.
“The initiatives announced today are another step in executing our strategy of reducing risk and increasing certainty,” Chief Executive Tony Aquila said in a statement. “We have concluded that building in America is better aligned with our mission.”
Canoo said starting production in Oklahoma remains on track for late 2023, but it also now expects to begin building electric vehicles in Arkansas next year, instead of using the VDL Nedcar plant.
Goodyear introduced the new ElectricDrive GT, the company’s first replacement tire in North America tuned for electric vehicles.
The Goodyear ElectricDrive GT is a high performance, all-season tire designed to deliver long-lasting tread wear and a quiet ride for EV drivers and passengers.
The tire is designed with an asymmetric tread pattern and specialized tread compound that Goodyear claims “provides enhanced all-season traction, giving EV drivers confident handling in both wet and dry road conditions.”
While Goodyear plans to expand the ElectricDrive product line in 2022, the initial release of the Goodyear ElectricDrive GT is available in size 255/45R19 104W XL.
GM has proposed building a $2.5 billion battery plant near Lansing with partner LG Energy Solution, the documents show.
The largest U.S. automaker is separately considering a $2 billion overhaul of its Orion Township assembly plant north of Detroit to build next-generation electric vehicles. The total investments could top $4 billion, a source familiar with the plan told Reuters.
Documents posted by the city of Lansing show GM is considering building a battery cell manufacturing plant in nearby Delta Township that could employ 1,700 people by 2028. The Lansing City Council is expected to consider the proposal on Monday.
There will continue to be internal-combustion based models in Peugeot’s lineup for international buyers, Jackson added.
“As we move on to the new [Stellantis] platforms, STLA Small, Medium, Large, by 2030 in Europe all of our models will be electric,” Jackson told Automotive News Europe. “But I still have to make sure I maintain internal-combustion offerings for my international customers.”
Peugeot’s move would come five years ahead of the EU’s proposal to mandate only zero-emissions vehicles in 2035. A number of automakers have already announced they will be all-electric in Europe well ahead of that date.
Almost 22,000 pure electric vehicles were registered in November, more than double the 10,345 registered in the same month last year, as the share of total sales accounted for by battery-powered electric vehicles climbed to 19%.
The Tesla Model 3 was the third bestselling car, with 3,077 sold, and is the bestselling pure electric vehicle in the UK, according to the figures from the Society of Motor Manufacturers and Traders (SMMT).
The boom in electric car sales helped overall sales of new cars to reach 115,706 in November, a 1.7% rise on the same month last year. While the increase is a welcome boost for the car industry, sales are still close to a third down on pre-pandemic levels.
“After four miserable months that the motor industry would rather forget, the tide is finally turning for new car sales,” said James Fairclough, the chief executive of AA Cars. “But the patch supply of new vehicles continues to peg back the number of sales dealers can make. Stock levels of some vehicles are so low that some dealers are even struggling to offer test drives.”