Auto Industry
Reuters
Jul 28, 2022, 6:23 PM
Japan's Panasonic Energy Co, a major Tesla Inc supplier, said on Wednesday it had selected Kansas as the site for a new battery plant that state officials said would create up to 4,000 jobs with investment of up to $4 billion.
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Reuters | Jul 28, 2022U.S. And Japanese Insurers Back Autonomous Vehicle Firm May MobilityThe funding will allow May Mobility to continue work with Toyota Motor Corp on self-driving people movers, May Mobility said in a statement. May said it is aiming to take human drivers out of vehicles in commercial operation by next year.1 min read
Reuters | Jul 28, 2022Apple Eyes Fuel Purchases From Dashboard As It Revs Up Car SoftwareA new feature quietly unveiled at Apple's developer conference this month will allow CarPlay users to tap an app to navigate to a pump and buy gas straight from a screen in the car, skipping the usual process of inserting or tapping a credit card.3 mins read
Reuters | Jul 28, 2022iPhone Maker Foxconn Builds EV Partnership With NXP SemiconductorsFoxconn, best known for assembling Apple's iPhone, has expanded into areas including electric vehicles (EVs) and semiconductors in recent years, announcing deals with U.S. startup Fisker Inc and Indian conglomerate Vedanta Ltd.1 min read
Reuters | Jul 28, 2022Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEOIndia's Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification needs, its CEO said, after the company raised funds for its new electric vehicle (EV) unit at a $9.1 billion valuation.2 mins read
Reuters | Jul 31, 2022China's BYD To Start Selling Electric Vehicles In Japan Next YearBYD held a brand conference in Tokyo and announced plans to start selling a small all-electric battery car called the ATTO 3 at the start of next year, followed by two additional EV models later in 2023.1 min read
Reuters | Jul 28, 2022Redwood Materials Plans To Spend $3.5 Billion On Making EV Battery EssentialsThe auto industry has been ramping up production of electric vehicles (EV) to meet a demand surge, driving up orders for batteries and raw materials such as lithium, cobalt, etc.1 min read
Reuters | Jul 28, 2022Germany To Reduce Electric Car Subsidies In 2023Under the plan, premiums for fully electric-powered vehicles priced below 40,000 euros will fall to 4,500 euros at the beginning of next year from 6,000 euros currently, and fall to 3,000 euros in the following year.2 mins read
Jaiveer Mehra | Jul 28, 2022Honda 2 Wheelers Commences Exporting SP 125 To Australia, New ZealandThe motorcycle will be exported as a CBU and will be rebadged as the CB 125F.1 min read
