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Author Articles
Mercedes-Benz CEO Says Raw Material Scarcity Could Delay E-Mobility: Report
Carmakers are working to secure supplies of materials from lithium, nickel, and manganese for batteries to magnesium for car components.
China's Great Wall Says Will Invest $1.9 Billion In Brazil Over Next Decade
Great Wall plans to launch 10 new electrified products within three years in Brazil, four of which will be pure electric vehicles and six hybrids.
SAIC Sets Up Automotive Chip Fund With Shanghai Research Institute
SAIC Motor Corp said on its official WeChat account that the fund will also look to invest in automotive electronics start-ups and will later be opened to external funds.
Toyota India Cumulative Sales Cross 20 Lakh Unit Milestone
Toyota delivered the milestone unit, a Glanza hatchback, to a customer in Trichur, Kerala.
Bajaj Auto Trademarks Pulsar Eleganz And Pulsar Elan Model Names, Return Of The Original Pulsar?
While the company is tight-lipped about what the new Pulsar Eleganz might be, rumours are rife that the company is planning to revive the original Pulsar with the new moniker.
Oil Hits Highest Since 2014 On Russia-Ukraine Tension
Brent crude rose 1.6% while U.S. West Texas Intermediate (WTI) crude was up 1.3%.
LG Energy Solution, GM To Build $2.1 Billion Battery Factory In U.S.
LGES and GM are expected to fund the project equally via Ultium Cells, their U.S.-based battery joint venture.
Cybertrucks, New Factories In Focus As Tesla Set To Report Record Earnings
Chief Executive Officer Elon Musk promises an updated product roadmap on Wednesday, with eyes on the time frames for the launch of Cybertruck and a hoped-for $25,000 electric car.
Hyundai Motor Expects Vehicle Production To Rebound In H1 As Chip Supply Improves
The shortage will continue in the first quarter due to the spread of the Omicron variant, Seo said, adding it was the prolonged COVID-19 pandemic in Southeast Asia and resulting chip sourcing troubles that pushed Hyundai's sales to less than the targeted 4 million vehicles in 2021.
UK Self-Driving Startup Wayve Raises $200 Million To Scale Up Technology
The Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.
Mobileye, Zeekr Aim For Self-Driving Car In China In 2024
Mobileye plans to work with Geely Holding-backed Zeekr to launch in China what the companies claim will be the world's first mostly self-driving car in 2024.
China's CATL Launches Battery Swap Service For Electric Cars
CATL launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute.
China State Planner Says To Gradually Remove Curbs On NEV purchases
China has in recent years heavily promoted NEVs as part of its efforts to curb air pollution and has seen sales surge.
All Change Please? GILLIG Finds Tech Partner For Self-Driving Buses
RR.AI and GILLIG said they would jointly develop Level 4 autonomous vehicle technology for buses, which would allow a vehicle to drive itself under certain circumstances.
EV Startup Bollinger Drops Pickups To Focus On Commercial Trucks
Bollinger said the startup will showcase the electric platforms for its medium-duty trucks in March and will likely release some customer names this year.
Sony Looks To Electric Cars For Its Next Big Hit
The new company, Sony Mobility Inc, comes as the Japanese tech giant is "exploring a commercial launch" of electric vehicles, said Sony chairman and president Kenichiro Yoshida.
Toyota To Launch Its Own Automotive Software Platform By 2025
Software is playing an increasing role in vehicles, from managing electric motors and batteries to supporting functions such as autonomous driving, entertainment and navigation.
New TVS NTorq XT Variant Teased, Launch Likely In May
TVS is known to update its models regularly, keeping them relevant in the market, and the new NTorq XT will join the Race Edition, Super Squad Edition and Race XP variants that are already on sale.
Chip Supplier ASML Forecasts Strong 2022 Despite Fire Hit
ASML said it would continue to struggle to meet demand this year, and forecast first-quarter sales of 3.3-3.5 billion euros.
Hero MotoCorp Hands Over Destini Scooters To The Directorate Of Indian Army Veterans
As part of its CR program, Hero MotoCorp has handed over 125 retrofitted Destini scooters to the Indian Army soldiers disabled in the line of duty.
