Our Next Energy signs $200 million battery pack deal with Shyft Group
The agreement calls for the startup battery manufacturer to supply Shyft with 15,000 battery packs for Class 3-5 trucks over the next five years, ONE announced Thursday.
The agreement calls for the startup battery manufacturer to supply Shyft with 15,000 battery packs for Class 3-5 trucks over the next five years, ONE announced Thursday.
Any new investment would mark a rare bright spot for auto manufacturing in the UK, where production slumped to a 66-year low in 2022.
Nissan’s newest electric powertrain advance will deliver an integrated unit that is 10 percent smaller in size and 30 percent less expensive to produce.
ZF Group is rolling out its first pure software product, as the world’s third-largest parts supplier looks to establish itself in the fast-growing market.
Ram this month will show dealers a model of a potential midsize pickup that they can touch, the brand’s CEO said Wednesday.
CEO Mike Koval Jr. told Automotive News that the concept would be in the form of a “physical property,” not just a sketch or rendering.
Koval revealed during an interview at the Detroit auto show in September that Ram was thinking about giving retailers a peek at an early midsize concept to “gauge their interest,” but it wasn’t clear at the time whether that would be just an image or a tangible prototype.
Koval said the conceptual midsize pickup won’t be as “mature” as the 1500 Revolution electric concept that debuted at CES in January.
“I can’t think of a better incubator: a collection of 5,000 of my closest friends to tell me if I’m on the right path or not,” Koval said. “If I get the thumbs up, I know I’m doing something right. If they throw something at me, I understand that too.”