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Articles of Carandbike Team
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.
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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).
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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.
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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.
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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.
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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.
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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.
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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.
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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!
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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.
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Difficult For Character Actors To Become Hero, Heroine Again: Gadkari
Gadkari was responding to a question by BJP's Roopa Ganguly, who asked if safety measures available in new cars can also be fitted in old cars.
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How to Pack the Perfect Road Trip Kit
An excellent time out with friends or family involves a road trip. The popularity of road trips has only increased since the coronavirus. Traveling in a car and watching the beautiful country and what it offers can be a soothing and exciting feeling.
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Rivian's Electric Van For Amazon Raises Battery Power Doubts: Report
A driver testing Rivian's electric vans for Amazon, told The Information that the EV's battery drained about 40 per cent faster than normal if the van's heating or cooling was on.
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In Mexico's Auto Heartland, Workers Struggle As Chip Shortage Bites
The temporary closures have translated into lost wages for tens of thousands of workers here and across Mexico due to furloughs and layoffs, according to interviews with laborers, union leaders and industry executives.
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Texas Wins Contest To Host Samsung's New $17 Billion Chip Plant
The plant would create 2,000 high-tech jobs with construction to begin in the first half of next year, and production due to start in the second half of 2024, the South Korean tech giant said.
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Amazon-Backed EV Firm Rivian Delays Deliveries Of R1S SUVs: Report
Rivian has sent emails to customers to inform them that the delivery window has been changed to between May and July at the earliest.
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Lotus Reveals 592bhp All-Electric Eletre SUV
Lotus first SUV goes all-electric and sits on a new skateboard architecture set to underpin its future EVs
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Oil Rebounds On Tight Supply, Prospects Of New Russia Sanctions
The market saw a sharp sell-off in the previous session after Russia promised to scale down military operations around Kyiv, but reports of attacks continued.
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Iveco, Hyundai Motor To Explore Collaboration On Vehicle Tech, Supply
The two companies singed a memorandum of understanding (MoU), which marks a preliminary step in assessing potential cooperations in technology and platforms, encompassing components and systems
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U.S. Agency Will Review FAA Efforts On 'Flying Taxi' Rules
The sector includes electric vertical takeoff and landing, or eVTOL, aircraft, which use electrical propulsion to take off, hover and land vertically.
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