Thomas Schmall, who is in charge of technology at Volkswagen, said in an interview at the Reuters Next conference that the company would seek outside partners to fund raw material cost for its new battery plant.
If you are wondering how the automobile scene has changed or yet to change in India, this is the perfect read for you. As is quite well-known electric cars are taking over the market. This article further talks about how much scope it has in a country like India.
Right from the second wave or the covid-19 pandemic to the global shortage of semiconductors, 2021 came with its own set of challenges for the auto industry. However, things are expected to get better in the next few months, and here are 5 things that we can't wait for to happen in 2022.
In a statement, the transport ministry said ride-hailing companies should improve income distribution mechanisms and provide social insurance for drivers.
The leaders of Indian conglomerate Tata Sons, HSBC Holdings and Australia's Macquarie Group urged governments to get more involved in the green transition by providing incentives to develop new technology and help bring down costs.
Following the trial at Sinopec subsidiary plant in Tianjin, the refiner will follow up with building a one million tonne per year crude-to-olefin plant, it said, without giving further details.
Self-driving truck technology company TuSimple Holdings Inc said on Wednesday it is mapping new freight lanes with UPS from Arizona to Florida and has hit significant fuel savings for the package delivery company at highway speeds.
The company said Chief Operating Officer Jane Ritson-Parsons will also take on the newly created role of Chief Commercial Officer to build Lordstown's commercial strategy for its vehicles.
Connected Kerb uses long-term contracts spanning 15 to 25 years, financed by large infrastructure banks and groups like infrastructure investor Equitix.
Volvo said preliminary sales volumes were around 52,000 cars in November, down year-on-year due to lower production and a build-up of in-transit inventory.
Speaking at the Handelsblatt Automotive Summit, Chief Executive Reinhard Ploss said that vehicle production and chip supply could be balanced by the third quarter.
