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Articles of Carandbike Team
Billionaire Soros Buys Stake In EV Startup Rivian
The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in the company.
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Paris Inaugurates Its First Noise Radar In Bid To Quieten Its Streets
No fines will be issued for now, but Paris plans to start fining from early 2023, while the government deploys more noise radars in other French cities and tests out procedures for automating the fines as part of a 2019 mobility law.
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California, Texas Pension Funds Among New Investors In EV Startup Rivian
CalPERS, which has approximately $492 billion under management, bought slightly more than 305,000 shares in the company, while the $191 billion Teacher Retirement System of Texas fund took a position of about 33,000 shares in the company.
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Zenobe Signs Deal With UK's National Express For 130 Electric Buses
The buses, made by NFI Group unit Alexander Dennis Limited (ADL) with powertrain and motor supplied by BYD Co Ltd, will be run by National Express in the British city of Coventry.
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TSMC To Expand New Japan Chip Factory, Denso Takes Stake
TSMC, which is the world's largest contract chip maker, announced the $7 billion factory in southern Japan in November and construction is scheduled to start this year, with production beginning by the end of 2024.
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Thailand Approves Incentives To Promote EV Shift
In the first two years, the measures will focus on encouraging widespread domestic use of EVs by providing tax breaks and subsidies for imported models and those made locally, he said.
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EV Startups Hunt For An Edge As Big Automakers Roll Out Vans And Trucks
Spurred on by looming bans on combustion engines in China and Europe, major automakers are striving to bring their commercial electric vehicles (EV) to market fast and ensure they don't get caught out again by another Tesla.
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GM Extends EV Bolt Production Halt But Plans To Soon Resume Sales
GM said it planned to resume production of the Bolt at its Orion Township, Michigan plant the week of April 4.
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Volkswagen Expects Chip Shortage To Ease Later In 2022
Carmakers around the world have been hit by a shortage of semiconductors caused by COVID-19 supply-chain disruptions as well as soaring semiconductor demand at consumer electronic companies.
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Odd Steering Wheel And Controls Trip Up Tesla, Rivals
Tesla Inc's new "yoke" steering wheel installed in Model S sedans and Model X sport utility vehicles is so difficult to use that it dropped the most valuable automaker's position in the Consumer Reports.
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Mexico Border City Auto Workers Gear Up For Union Vote In Trade Deal Test
The vote, scheduled for Monday, comes weeks after an established union lost its 25-year hold at General Motors Co in the central city of Silao to an upstart group in an election following another complaint under the United States-Mexico-Canada Agreement (USMCA) trade deal.
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Ford, Volvo Join Redwood In EV Battery Recycling Push In California
On Thursday, Redwood Materials said it would work directly with dealers and dismantlers in California to identify and recover end-of-life battery packs. The materials in those packs will be recovered and recycled at Redwood Materials facilities in northern Nevada.
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Nissan Plans EVs For Mississippi, Scouts For A U.S. Battery Plant
Nissan said it plans to assemble electric vehicles for its Nissan and Infiniti brands in Mississippi starting in 2025.
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China NEV Sales Drop 18.6 Per Cent In January After Subsidy Cut
December sales surged as buyers rushed in ahead of a subsidy cut that took place in January, Cui Dongshu, Secretary-General of another industry body China Passenger Car Association (CPCA) said on Monday.
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Analysis-Tesla Software Updates Allow Quick Fixes - And Taking Risks
Investors have awarded Tesla's leadership on in-car software with a market value of $905 billion that dwarfs traditional carmakers, many of which are now scrambling to roll out their own ability to offer over-the-air software updates.
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Back In The Black, Renault Looks To Tap Into Electric Boom
The French automaker announced its "strategic studies" on Friday as it reported an annual profit for the first time in three years and said its turnaround plan was ahead of schedule.
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Volta Trucks Raises $260 Million To Fund Electric Vehicle Launch
Protoypes of the Volta Zero, a 16-tonne fully-electric truck, will be delivered to customers in mid-2022, with series production due to start in late 2022.
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Firefighters Struggle To Douse Fire On Luxury Cars Vessel Off Azores Islands
The Felicity Ace ship, carrying around 4,000 vehicles including Porsches, Audis and Bentleys, some electric with lithium-ion batteries, caught fire in the middle of the Atlantic Ocean on Wednesday. The 22 crew members on board were evacuated on the same day.
Read More →Fire Dies Down On Ship Carrying Luxury Cars, With Little Left To Burn
The Felicity Ace, carrying around 4,000 vehicles including Porsches, Audis and Bentleys, some electric with lithium-ion batteries, caught fire in the middle of the Atlantic Ocean on Wednesday.
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E-Bike Startup Zoomo Raises Extra $20 Million For European Expansion
Zoomo is also expanding its software and hardware teams to develop new software for customers and work on new bike forms and accessories to carry more weight.
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