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Author Articles
Honda Signs Joint Development Pact With Boston-Based EV Battery R&D Firm SES
Honda Motor Co. had signed a joint development agreement for lithium-metal batteries with Boston-based EV battery company SES Holdings Pte Ltd.
China's Industry Ministry Expects Tight Chip Supply For Relatively Long Period
China encourages key domestic enterprises to increase investment and promote better supply capacity of the entire chip industry chain.
Spring Free EV, Cox Partner To Supply Used EVs To Small Businesses
Fintech startup Spring Free EV and Cox Automotive have partnered to provide used electric vehicles to smaller businesses through a new subscription program.
GM Challenges Carvana With CarBravo Online Used Car Marketplace
GM's CarBravo site will aggregate vehicles owned by Chevrolet, Buick and GMC dealers, as well as cars and trucks that GM Financial controls after taking them back from rental car agencies or vehicle leases.
Musk Says Tesla To Accept Dogecoin For Merchandise
The move, which sent dogecoin prices 14% higher, comes a month after Musk said Tesla would test out the digital token as a payment option.
Ford, GM Shares Jump As Electric Truck Battle Heats Up
Ford's stock jumped more than 11% to its highest level since 2001 after the Detroit automaker said it will nearly double production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.
Thailand Approves Enhanced Incentives To Boost EV Use
Smaller charging stations will now be eligible for three-year tax benefits, an extra incentive on top of a five-year corporate income tax exemption available to investments in charging stations with at least 40 chargers.
Ford Inks Argentina Lithium Supply Deal With Lake Resources
General Motors Co, BMW, Stellantis NV and other Ford rivals have inked supply deals of their own with companies planning to use DLE technology.
Goldman Sachs, Morgan Stanley To Lead Intel's Mobileye IPO
The amount to be raised in the IPO could not be learned and the sources requested anonymity because details of the IPO preparations are confidential.
Subaru Says Suspends Shipment Of Some Models Over Engine Sensor Malfunction
Subaru has not decided whether to recall the cars and it would likely take 2-1/2 months before shipment is resumed.
EV Battery Maker Italvolt's CEO To Launch Company For Building Gigafactory
Prices of lithium have soared over the past year as demand for the EV battery material rise, exacerbated by the Russian invasion of Ukraine.
India Keen To Boost Oil Imports From Brazil - India Oil Minister
At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.
German-Funded Consortium To Develop 'Battery Passport' For Europe
Batteries could carry a QR code linking to an online database where EV owners, businesses or regulators could access information on the battery's composition.
Some Information You Should Have Before You Decide to Repaint Your Car
The biggest worry of car users is their car's exterior finish these days. So to take away their worry there is one way and that is to have the car repainted. We all know maintaining exterior car paint is one of the priorities of car users because they want their cards to always look good.
Formula E Reveals Gen3 Electric Race Car
Formula E says the new car takes design inspiration from of a fighter jet, specifically designed for wheel-to-wheel racing on high-speed street circuits. The Gen3 race car will debut in Season 9 of the FIA Formula E World Championship that's scheduled in 2023.
Taiwan's UMC Offers Bullish Outlook On Strong Chip Demand
UMC, whose clients include Qualcomm Inc and Germany's Infineon, has like other chipmakers benefited from a global shortage of semiconductors that have filled its order books.
Thailand Approves Incentives To Promote EV Shift
The package for 2022-2025 is in line with a zero emission vehicle policy plus a goal to ensure 30% of Thailand's total auto production are EVs by 2030
Ferrari And Qualcomm Team Up For Tech Projects For Road, Racing Cars
Ferrari wants to use Qualcomm Technologies' premium product, the Snapdragon chipsets, to accelerate the sports carmaker digital transformation.
Self-Driving Car Companies Zoom Ahead, Leaving U.S. Regulators Behind
Cruise, Tesla, Alphabet Inc's Waymo, and Aurora Innovation Inc are among many companies aiming to deploy fully autonomous vehicle technology in the United States within the next two to three years.
Dott To Roll Out E-Scooter Expansion With Extra $70 Million Funding
Amsterdam-based Dott had announced $85 million in the Series B funding last year and the extra amount brings the total the start-up has raised so far to around $210 million.