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BP Buys EV Charging Provider AMPLY In Green Energy Push
BP aims to double earnings from its global convenience and mobility businesses by 2030 and grow its global network of EV charging points by over six-fold to 70,000 during the same period.
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Intel CEO Aims To Build Chip Plants With Money Raised From Mobileye IPO
Chief Executive Pat Gelsinger said the IPO will allow Mobileye to grow more easily as global carmakers spend billions of dollars to accelerate their transition to electric and self-driving vehicles.
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Ford Caps F-150 Lightning Orders At 200,000: CEO Farley
Farley said F-150 Lightning orders were capped at 200,000: "We had to stop taking reservations because we had so many."
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Russian Start-Up Aims To Bring Mobile EV Superchargers To London
Privately-owned L-charge raised $1.5 million in September and is seeking a partner to help it increase production to 2,000 mobile and stationary devices annually.
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Dutch Digital Mapmaker TomTom Says It Will Extend Volkswagen Partnership
Under the deal, the terms of which were not disclosed, TomTom's technology will be integrated into Volkswagen cars' user interface.
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Enel, Eni Join Forces On Electric Car Charging In Italy
Under the agreement, consumers will be able to use charging points from their smartphones using Enel X, Be Charge and Eni Apps.
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Taiwan Government OKs Taiwan Semiconductor's New Chip Plant In Japan
TSMC said last month it would build a $7 billion chip plant in Japan with Sony Group.
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Toyota To Start Car Hardware, Software Update Service In Japan
The service, known as Kinto Factory, will start in late January and offer new safety features, refreshed interiors, and software upgrades to car computer systems.
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Japan's Osaka Gas Enters India's Urban Gas Distribution Market
Osaka Gas plans to invest up to $120 million in the Indian unit of AG&P together with a state-private fund, Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN).
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VW's SEAT Adds Output Curbs In December As Chip Shortage Lingers
SEAT has decided to advance by one week its production break before the Christmas holidays, which was originally planned to start after Dec. 23 but it will now be after Dec. 16.
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Self-Driving Truck Company Aurora Launches Pilot With Uber Freight
Aurora said carriers who subscribe to its self-driving product will be able to book autonomous trucks through the Uber Freight platform once commercial self-driving trucks launch in 2023.
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India's Dec 1-15 Diesel Sales Rise As Industries Crank Up, Data Shows
Diesel sales by the country's state fuel retailers were 2.87 million tonnes during Dec. 1-15, the data compiled by state-owned refiners showed.
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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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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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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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Cruise CEO Ammann Leaving GM's Self-Driving Car Unit
The U.S. automaker did not give a reason for the departure of Ammann, a former GM president and chief financial officer.
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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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BASF To Carve Out Auto Catalyst Ops To Enable Strategic Options
The move is the latest shakeup in the automotive catalyst industry after smaller rival Johnson Matthey last month laid out plans to put its battery materials business up for sale amid overwhelming competition.
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Rivian Warns Supply Issues To Hit Production, Shares Drop To Record Low
Rivian announced plans on Thursday to build a $5 billion plant in Georgia to boost capacity, while flagging production challenges even as it receives about 2,000 pre-orders every week.
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Uber Looking To Sell Didi, China Market Has Little Transparency, CEO Says
Uber had roughly $13.1 billion tied up in investments in other companies as of the end of the third quarter, including $4.1 billion in Didi.
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