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Articles of Carandbike Team
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.
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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.
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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.
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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.
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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.
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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.
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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%.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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.
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