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Author Articles
Car Production Curbs Hit TomTom Amid Chip Shortage
Dutch navigation and digital mapping company TomTom warned on Thursday supply chain problems in the auto sector could last until the first half of next year after it reported a bigger than expected quarterly core loss.
EU Appeals To Shared Values To Tempt Taiwan's Chip Firms
Tech powerhouse Taiwan, home to companies like Taiwan Semiconductor Manufacturing Co Ltd (TSMC), has become front and centre of efforts to resolve a shortage of chips that has shut some auto production lines.
India's Top Gas Importer Sees LNG Price Surge Spurring Long-Term Contracts
Surging liquefied natural gas (LNG) prices are pushing buyers to look at securing long-term contracts possibly with an option for a floor and ceiling price to hedge against extreme volatility, the CEO of India's top gas importer said.
Tesla Looks To Pave The Way For Chinese Battery Makers To Come To U.S
Tesla Inc wants to shift to a less expensive battery for its electric vehicles but first needs to figure out how to overcome political tensions to get a Chinese partner to build the iron-based batteries near its U.S. factories.
Stellantis Powers Up Electric Plans With Samsung SDI U.S. Deal
Stellantis and South Korea's Samsung SDI Co Ltd have entered a preliminary agreement on a joint venture to produce electric vehicle (EV) battery cells and modules in the United States, the two companies said on Friday.
Top Oil Exporter Saudi Arabia Targets Net Zero Emissions By 2060
Crown Prince Mohammed bin Salman and his energy minister said Saudi Arabia would tackle climate change, but also stressed the continued importance of hydrocarbons and said it would continue to ensure oil market stability. He also said it would double the emissions cuts it plans to achieve by 2030.
Indian Refiners Willing To Join Forces For Cheaper Oil Imports
India's private oil refiners are willing to work with state-run peers to bargain collectively for better oil import deals, oil minister Hardeep Singh Puri said on Friday, as the nation looks to cut its import bill.
Nitin Gadkari Drives Into The Parliament In Hydrogen-Powered Toyota Mirai
Gadkari had earlier launched the pilot project of India's first hydrogen-based advanced "Fuel Cell Electric Vehicle (FCEV)" - the Toyota Mirai.
Baidu, Pony.ai Approved For Robotaxi Services In Beijing
Baidu Inc and self-driving startup Pony.ai will introduce paid driverless robotaxi services in China's capital Beijing, deploying not more than 100 vehicles in an area.
Europe's Carmakers Face Raw Material Bottleneck For EV Batteries
Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.
Car Rental Company Hertz Orders 100,000 Tesla Cars For End Of 2022
Hertz has ordered 100,000 Tesla electric cars for its rental car business. The company has made investments to build the largest electric vehicle rental fleet in North America.
Tesla Submits Partial Response In U.S. Auto Safety Probe: Report
A memo released by NHTSA says that Tesla's response "has been received and is being reviewed. The company has requested confidential business information (CBI) treatment for the entirety of the information request."
China Asks Didi To Delist From U.S. On Data Security Fears
China's tech watchdog wants the management of Didi Global to take the company off the U.S. bourse on worries about leakage of sensitive data, the report said, citing people familiar with the matter.
Brembo Eyes Startup Deals As Software Takes Bigger Role In Brakes
Brembo could look at buying tech startups to boost the software content of its premium brakes, Chief Executive Daniele Schillaci said, as the Italian company unveiled its latest braking system.
Log9 Materials To Offer InstaCharging Battery Tech For Electric Scooters
Log9 and Nashik-based EV manufacturer Jitendra New EV Tech have joined hands to introduce new electric scooters that can be fully charged in just 15 minutes.
BASF Adds Svolt As Latest Partner In Chinese Battery Business
The partnership between BASF and Svolt is focused on development of cathode active materials as well as raw materials supply and the recycling of battery cells from SVolt, the companies said without disclosing financial details.
China Industry Ministry Expects Auto Chips Shortage To Ease In Q4
Luo Junjie, a spokesperson from the Ministry of Industry and Information Technology, said that they expect the chips shortage that has impacted the automotive sector will ease in the fourth quarter of this year.
Israeli Startup AIR Unveils Flying Vehicle To Be Used 'Like Cars'
An increasing number of investors and aviation companies have piled into the hot but yet-to-be-approved urban air mobility space and the number of eVTOL startups has proliferated.
Carmakers Get Inventive As Global Chip Crisis Bites
The global shortage of semiconductors has hit the auto industry hard, with millions of vehicles worldwide not being produced because important parts are missing.
Renault Eyes Bigger Production Cut As Chip Shortage Rumbles On: Report
The shortage of chips, used in everything from brake sensors to power steering to entertainment systems, has led automakers around the world to curtail or even suspend production, pushing up the prices of vehicles.
