The iconic Fiat 500 is a legendary automobile. In Italy, the cinquecento is considered to be the "people’s car." Since 1957, more than 6 million units have been mass-produced. The subcompact vehicle is even part of the permanent collection of the Museum of Modern Art in New York City.
DETROIT/TOKYO—General Motors and Honda recently announced plans to codevelop a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology.
RALEIGH, NC—VinFast, a Vietnamese manufacturer of electric vehicles, has chosen North Carolina for its first North American automotive and battery assembly plant, which will create 7,500 jobs. The manufacturing plant will be built at the Triangle Innovation Point megasite in Chatham County.
COLESHILL, England—Munro Vehicles, a startup manufacturer of all-terrain four-wheel drive electric vehicles, recently worked with engineers from ABB to develop a high-performance cable protection system.
HERNDON, VA— Volkswagen AG plans to invest $7.1 billion over the next five years in North America to boost its EV product portfolio, regional R&D and manufacturing capabilities.
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