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Author Articles
Sinopec Signs China's Largest Long-Term LNG Contract With U.S. Firm
The deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said in a statement.
TuSimple, UPS Mapping New Self-Driving Routes In Southern U.S. States
Self-driving truck technology company TuSimple Holdings Inc said on Wednesday it is mapping new freight lanes with UPS from Arizona to Florida and has hit significant fuel savings for the package delivery company at highway speeds.
Lordstown Appoints Chief Commercial Officer, Other Executives In Management Rejig
The company said Chief Operating Officer Jane Ritson-Parsons will also take on the newly created role of Chief Commercial Officer to build Lordstown's commercial strategy for its vehicles.
UK's Connected Kerb Targets 190,000 On-Street EV Chargers By 2030
Connected Kerb uses long-term contracts spanning 15 to 25 years, financed by large infrastructure banks and groups like infrastructure investor Equitix.
Volvo Cars Sees Chip Shortage Extending Into 2022, Q3 Profit Dips
Volvo said preliminary sales volumes were around 52,000 cars in November, down year-on-year due to lower production and a build-up of in-transit inventory.
Infineon CEO Says Chip Supply To Remain Tight In 2022
Speaking at the Handelsblatt Automotive Summit, Chief Executive Reinhard Ploss said that vehicle production and chip supply could be balanced by the third quarter.
German Parties Agree On 2030 Coal Phase-Out In Coalition Talks: Report
Climate policy is one of the closest-watched areas for the new government as Europe's biggest economy shifts towards carbon neutrality.
First Cobalt Aims To Create Specialist EV Battery Materials Facility In North America
First Cobalt aims to create North America's first specialist facility for producing electric vehicle battery materials such as cathode chemicals.
Auto Executives Expect EVs Will Own Half Of U.S., China Markets By 2030: Report
The KPMG survey of auto industry executives found that they believe that electric vehicles will account for 52% of sales by 2030 in the United States, China and Japan, with lower percentages for Western Europe, Brazil and India.
Nvidia Launches New Products To Plug Cars, Factories Into Its Omniverse
Nvidia is looking to capitalize on the intense competition among automakers to develop vehicles that can drive themselves and deliver sophisticated entertainment and information to the humans on board.
Apple Global Battery Development Chief Moves To Volkswagen
This is the second time in recent months that an Apple executive has left for an automaker. Apple lost its head of car project, Doug Field, to Ford Motor in September.
Canoo Advances Manufacturing Dates For Electric Vehicles
The company now plans to expand to include Arkansas and other locations in Oklahoma, for research and development, software development, customer support and finance centers.
Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'
Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.
BP's Venture Capital Arm Looks To India In Clean Mobility Drive
BP is also looking to invest in India's EV charging infrastructure to support BluSmart, as well as battery storage and energy management to solve India's challenges around peak power demand.
GM To Launch 10 EVs In South Korea By 2025, No Local Manufacturing Plans Yet
GM's South Korea unit builds about 600,000 vehicles a year, shipping many to the United States including the popular Chevrolet Trailblazer SUV, and employs about 12,000 people.
Battery Start-up Log9 Partners With Jitendra New EV Tech For InstaCharging Battery Technology For E-
Under the MOU, Log9 and Jitendra New will jointly roll out an e-scooter named 'JMT 1000HS Rapid', which will use the former's InstaCharge technology. The JMT 1000 HS e-scooters will be manufactured by Jitendra New EV Tech, while InstaCharged will be powered by Log9's RapidX batteries.
Tesla Signed Secret Nickel Supply Deal With Vale
Vale declined to comment on the report, but said it had stated previously that the company currently sells 5% of its production into the EV market and plans to increase that to 30%-40%.
Rajiv Sethu Bags Points For IDEMITSU Honda Racing India In 2022 ARRC Season Opener
The season opener was held at the Chang International Circuit in Buriram, Thailand, and Sethu, along with teammate Senthil Kumar, competed in the Asia Production 250 (AP250) class, collectively bagging 11 points between themselves.
Canada's Power Chip Maker GaN Systems Raises $150 Million, Pushes On Electric Car Market
BMW and Toyota Motor Corp have been investors in GaN Systems for several years, and Witham said GaN recently signed its first "capacity agreement" with BMW to guarantee delivery of power chips worth over a quarter of a billion dollars.
Tesla Climbs As Other EV Makers Hit Brakes After Rally
Investors exchanged $33.8 billion worth of Tesla shares on Wednesday, more than any other company on Wall Street and more than double the turnover of Apple, the second most traded company, according to Refinitiv.
