The Duke and Duchess of Cambridge and Prince Salman bin Hamad Al Khalifa, the Crown Prince of the Kingdom of Bahrain, have officially opened McLaren Automotive’s new £50m production facility in Yorkshire, England. The McLaren Composites Technology Centre (MCTC) aims to be a world-leader in innovating lightweight carbon fibre and composites that will work together [...]

Hyundai announced a strategic partnership with Top Flight Technologies, a start-up in hybrid-electric unmanned aerial vehicle (UAV) technologies. Hyundai will team up with the Boston-based start-up to explore ways to accelerate the commercial application and deployment of UAVs across various sectors and markets. Potential areas for business development include cargo transport, inspection services and surveillance [...]

Alliance Ventures has announced that it has invested in the latest round of funding in Enevate Corporation, a lithium-ion (Li-ion) battery technology company based in Irvine, California. Francois Dossa, Alliance Global vice president, ventures and open innovation, said, ‘We are pleased to participate in Enevate’s latest funding round. This strategic investment allows us to support [...]

With the South Korean battery cell manufacturer SK Innovation (SKI), the Volkswagen Group has named a further strategic supplier for electric vehicles based on the Modular Electric Toolkit (MEB). SKI will supply the batteries for North America and a share of the batteries to produce VW’s full- electric vehicles in Europe. VW plans to bring [...]

According to Reuters, Volkswagen might build up to 50 million electric cars on its new electric vehicle (EV) platform and is hinting at increasing its manufacturing in the United States, chief executive Herbert Diess stated to Automotive News. ‘We set up the plant in Chattanooga always with the idea to be able to grow it, [...]