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Author Articles
Uber Introduces Revamped Shared Rides Offer In The U.S
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
California OKs $1.4 Billion Plan For Car Chargers, Hydrogen Refueling
The CEC said the plan, approved on Monday, will support California Governor Gavin Newsom's executive order phasing out the sale of new gasoline-powered passenger vehicles by 2035.
Waymo Offers Driverless Rides To Employees In San Francisco, Expands In Phoenix
Waymo did not elaborate on when or whether it plans to charge customers for rides in San Francisco. It has applied for a regulatory permit to do so.
NXP Forecasts Sales Growth Driven By Connected Vehicles
NXP Chief Executive Kurt Sievers said the company intended to focus on key areas where more chips are going into cars and where NXP believes it can hold a market position at least twice that of any competitor.
Foxconn Finalizes $50 Million Stock Deal With Lordstown Motors
Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.
Battery Swap Startup Ample Hits Unicorn Status With New Funding Round
The latest funding comes on the heels of a $160 million round in August that boosted the companys valuation to $890 million, according to investor website PitchBook.
Hertz In Talks With Tesla For EV Delivery Timeline
Tesla boss Elon Musk took to Twitter on Monday to say that his company had not signed a contract with Hertz, spurring a brief halt in Tesla's stock rally.
EV Maker Bedeo Acquires Protean From Evergrande's Auto Unit
Bedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group.a
Startup Italvolt Signs Deal With Engie's Equans In Italy Battery Facility Plan
Italvolt has pledged to invest 3.4 billion euros ($3.9 billion) to build a battery production facility in Scarmagno, near Turin, to meet growing demand for lithium-ion batteries from Europe's automotive industry.
Australia Bumps Up Investment In EV Chargers, Shuns Sales Targets
The additional investment, which adds to an existing A$72 million commitment and will be spent by the end of June 2025, will also aid purchases of electric cars and buses for government and business fleets.
China Evergrande EV Unit To Raise $347 Million From Share Sale To Fund Production
China Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.
South Korea's SK On To Invest $2.5 Billion To Build New EV Battery Factory In China
The company had said in September it planned to build a new battery factory in China with an initial investment of 1.2 trillion won ($1.01 billion).
Waymo, UPS Expand Autonomous Freight Truck Tie-Up Ahead Of Holidays
The company said trial runs would start in the coming weeks, where big rigs equipped with its fifth-generation Waymo Driver technology will deliver for UPS' North American Air Freight unit between facilities in Dallas-Fort Worth and Houston, Texas.
Oil Dips, Focus On OPEC+ Response To U.S.-Led Oil Release
OPEC expects the U.S. release to swell a surplus in oil markets by 1.1 million barrels per day (bpd), a source from the group said.
UK To Require Charge Points For Electric Vehicles In New Buildings
The regulations would lead to up to 145,000 extra charge points being installed in England each year in the run-up to 2030, when the sale of new petrol and diesel cars will end in Britain.
Oil Rebounds On Speculation OPEC+ May Pause Output Increase
Oil prices plunged more than 10% on Friday - their biggest one-day drop since April 2020 - as the new variant spooked investors across financial markets.
Bounce Infinity CEO Confident Of Safety Of Company's Batteries
Bounce Infinity's CEO & Co-founder maintains that his company uses premium grade cells using the right infrastructure and technology.
Autos, Energy And Migration On U.S., Canada, Mexico Joint Agenda
The three governments want to take advantage of a new trade deal known as the United States-Mexico-Canada Agreement (USMCA) to deepen supply chains, but that push has been clouded by months of wrangling over disputes in the auto industry.
Road Trip Hacks
We present a list of road trip hacks that will help you on your way by making your car cleaner and your kids happier. Did we mention it will make your road trip even more fun and enjoyable? Don't hold back your excitement, and let's dive in!
UK's Arrival Unveils Pre-Production Prototype Electric Bus
The pre-production bus will start running on roads within the next few weeks, and series production is due to begin at a plant in the U.S. state of South Carolina in the second quarter.
