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Articles of Carandbike Team
Toyota's Thai Unit Sees Its 2022 Car Sales Up 18.5%
Toyota, which commands about a third of the Thai vehicle market, recorded sales of 239,723 in the country.
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EV Maker Link To Invest $265 Million In Mexican Plant
Link EV Electric Vehicles plans to build an assembly plant in the central Mexican state of Puebla with an investment of around $265 million.
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SKC Consortium Invests $80 Million In UK Anode Startup Nexeon
The consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.
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Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
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Renault To Produce New Alpine Model At Dieppe Site
French carmaker Renault will produce the new electric model of its Alpine brand at its Dieppe site in northern France, Chairman Jean-Dominique Senard said on Friday.
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Britishvolt To Develop Batteries For New Lotus Electric Sports Car
The research and development that will go into developing battery cells for a high-performance sports car for Lotus will ultimately trickle down to benefit battery cells for more affordable, mainstream EVs.
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Renault-Nissan To Do More Together In $26 Billion Electric Bet
Renault and Nissan will build a combined EV line-up of 35 vehicles by 2030, with four-fifths of their models sharing common platforms by 2026.
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Tech Alliances Firm Up In The Self-Driving Car Wars
Three chip firms - Intel Corp's Mobileye, Qualcomm Inc and Nvidia Corp - have emerged from a raft of announcements at the Consumer Electronics Show in Las Vegas as the leaders in locking down the brains of self-driving cars for the next decade.
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India's Biggest Car Dealer Popular Plans $100 Million Listing: Report
Papers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.
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Hyundai To Invest $530 Million To Launch Six EVs In India By 2028
Hyundai will launch affordable and premium electric models including sport utility vehicles (SUVs) and sedans, starting with its first electric vehicle (EV) in 2022
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Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1
Volkswagen said tight chip supply would continue to pose challenges to Europe's largest carmaker during at least the first half of 2022.
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SAIC Mobility And Momenta To Start Public Trials Of Robotaxi Service In Shanghai
The two firms are testing 20 robotaxi vehicles in Shanghai's Jiading district to further gauge their viability for commercial use in a trial that will expand to a second Chinese city next year.
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Germany Clears Mercedes-Benz's Hands-Free Drive System
The automated system allows the driver to focus on other activities while a car equipped with the technology is in heavy traffic or on congested highways, Mercedes-Benz said in a statement.
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Intel Plans To Take Self-Driving Car Unit Mobileye Public
Intel bought Mobileye for $15.3 billion in 2017, putting it into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers.
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EV Startup Rivian To Build $5 Billion Plant In Georgia, Posts Quarterly Loss
The new plant east of Atlanta, with construction set to begin next summer, will join the one in Normal, Illinois. Rivian intends to eventually open plants in Europe and China.
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Toyota Commits $70 Billion To Bolster Electrification, Shares Rally
Toyota's announcement comes as traditional automobile firms increasingly take on Tesla Inc, which has become the most valuable carmaker this year.
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GM Eyes Investments Of More Than $4 Billion In Michigan EV Plants
GM is is separately considering a $2 billion overhaul of its Orion Township assembly plant north of Detroit to build next-generation electric vehicles.
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Self-Driving Truck Company Aurora Launches Pilot With Uber Freight
Aurora said it began autonomously transporting loads for Uber Freight customers between Dallas and Houston.
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Battery Maker Northvolt And Galp Energia Form JV To Build Lithium Plant
Northvolt will build a lithium processing plant with Portugal's Galp Energia with investments estimated at around 700 million euros ($789.6 million), as demand grows for lithium-ion batteries to power electric vehicles.
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Toyota Suspends Factory Operations In Japan After Suspected Cyber Attack
No information was immediately available about who was behind the possible attack or the motive. The attack comes just after Japan joined Western allies in clamping down on Russia after it invaded Ukraine, although it was not clear if the attack was at all related.
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