BMW's hydrogen-powered iX5 keeps fuel cell hopes alive
Although most automakers have abandoned or avoided fuel cell technology due to poor infrastructure and high prices, BMW is persevering with its first hydrogen-powered iX5 SUV this year.
Although most automakers have abandoned or avoided fuel cell technology due to poor infrastructure and high prices, BMW is persevering with its first hydrogen-powered iX5 SUV this year.
CATL, the world’s largest battery maker, has offered to cut costs for Chinese automakers, a move that demonstrates its market power and could also widen China’s cost advantage in electric vehicles.
Québec-based Uni-Select, Canada’s largest supplier of automotive refinish, industrial paint and more than two million replacement parts in the auto industry, is being purchased by U.S.-based LKQ Corporation for about $2.1 billion in cash.
Nissan will be able to comply with U.S. local sourcing rules for EV tax credits from 2026 as it consolidates platforms and drivetrains for more competitive EVs.
A true action-packed movie is hardly complete without a vehicle exploding or becoming damaged beyond repair, right? That’s probably how director Michael Bay feels.