Category Archives: News

BorgWarner makes EV play with Sevcon deal

BorgWarner agreed to acquire British supplier Sevcon for an estimated $200 million in a deal that adds more electric vehicle technology to the supplier’s vehicle-propulsion engineering and product portfolio.

Faraday Future halts work on Nevada car plant

Faraday Future, the electric-vehicle startup backed by LeEco founder Jia Yueting, halted plans to build a $1 billion factory in Nevada as the troubled tycoon fights for the survival of his Chinese car business.

Suppliers to the new BMW 5 series

Assembly of the seventh-generation BMW 5 series began in November 2016 at the automaker’s factory in Dingolfing, Germany. Output is expected to peak at more than 180,000 units this year, according to IHS Automotive.