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Author Articles
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.
Renault To Produce New Alpine Model At Dieppe Site
French carmaker Renault will produce the new electric model of its Alpine brand at its Dieppe site in northern France, Chairman Jean-Dominique Senard said on Friday.
Baidu's Electric Vehicle Arm Jidu Raises $400 Million In New Funding Round
There were no external investors participating in the round. The company did not provide any details on its valuation.
Brazil's WEG and Neoenergia Announce Partnership In Charging Stations For Electric Vehicles
The company will provide equipment produced nationally with a power of 7.4 kilowatts, ideal for homes or residential buildings, and 22 kilowatts, which is more suitable for companies.
Europe's EV Drive Comes With Environmental, Social Risks, Stellantis CEO Says
CEO Carlos Tavares has mapped out a 30 billion euro ($34 billion) electrification plan that helped Stellantis shares surge more than 60% in their first year.
Sony Seeks New Partners For Transformative EV Project: Report
Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces.
GM To Deliver Electric SUV Cadillac Lyriq To Customers In 'Few Months'
Lyriq, an all-electric mid-size SUV, was unveiled by GM in August 2020 in a move to transform its traditional combustion engine lineup to an electric one.
GM's Electric Commercial Vehicle Unit Signs Deals With Walmart, FedEx
BrightDrop has signed a new deal to supply EVs to retail giant Walmart Inc and expanded its supply agreement with delivery firm FedEx Corp.
Indian Electric Van Maker For Amazon Raises Funds
Indian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.
NHTSA Evaluating Potential Safety Concerns Related To Heating Issue Of Tesla Cars
The report said the heating problems happened even after Tesla early last year replaced faulty sensors in heat pumps in some 2020-2021 Model 3 and Model Y vehicles to address the issue.
Hyundai, Kia Expect Auto Sales Jump In 2022 Amid Chip Shortage
Hyundai and Kia sold 6.67 million vehicles in 2021, about 3.7% less than their combined target of 6.92 million vehicles, largely due to supply problems including the chip shortage, which drove down vehicle shipment.
BMW i4 Electric Sedan Unveiled For India; Launch Date Revealed
The BMW i4 is the second BMW branded electric vehicle for India after the iX and will go on sale on May 26, 2022.
Ford Rides Higher Vehicle Prices To Strong Quarter, Maintains Forecast
Ford Motor Co posted better-than-expected quarterly results on Wednesday and maintained its profit forecast for the year, citing strong vehicle pricing that partly offset higher costs and inflation.
2022 Kawasaki Ninja 300 Launched In India, Priced At Rs. 3.37 Lakh
Barring the cosmetic changes, there are no other mechanical upgrades to the 2022 Kawasaki Ninja 300 that continues with the same parallel-twin engine.
ABB Eyes Acquisitions To Grow Electric Vehicle Charging Business
ABB which makes fast electric chargers for cars, buses and trucks wants to spend $750 million on expanding its operations, the company said at its capital markets day on Thursday.
Shyft To Start Building Electric Delivery Van By Mid-2023
Shyft, which is based outside Detroit, will begin delivering the custom-built electric vans in the second half of 2022 to customers for testing. The van will have a driving range of up to 175 miles (281 km), with the ability to enhance that with expanded battery options.
