Auto Industry

car&bike Team

Apr 29, 2022, 12:01 AM

Baidu's Electric Vehicle Arm Jidu Raises $400 Million In New Funding Round

There were no external investors participating in the round. The company did not provide any details on its valuation.

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  car&bike Team | Apr 28, 2022

  Brazil's WEG and Neoenergia Announce Partnership In Charging Stations For Electric Vehicles

  The company will provide equipment produced nationally with a power of 7.4 kilowatts, ideal for homes or residential buildings, and 22 kilowatts, which is more suitable for companies.

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  car&bike Team | Apr 28, 2022

  Europe's EV Drive Comes With Environmental, Social Risks, Stellantis CEO Says

  CEO Carlos Tavares has mapped out a 30 billion euro ($34 billion) electrification plan that helped Stellantis shares surge more than 60% in their first year.

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  car&bike Team | Apr 28, 2022

  Sony Seeks New Partners For Transformative EV Project: Report

  Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces.

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  car&bike Team | Apr 28, 2022

  GM To Deliver Electric SUV Cadillac Lyriq To Customers In 'Few Months'

  Lyriq, an all-electric mid-size SUV, was unveiled by GM in August 2020 in a move to transform its traditional combustion engine lineup to an electric one.

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  car&bike Team | Apr 28, 2022

  GM's Electric Commercial Vehicle Unit Signs Deals With Walmart, FedEx

  BrightDrop has signed a new deal to supply EVs to retail giant Walmart Inc and expanded its supply agreement with delivery firm FedEx Corp.

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  car&bike Team | Apr 28, 2022

  Indian Electric Van Maker For Amazon Raises Funds

  Indian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.

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  car&bike Team | Apr 28, 2022

  NHTSA Evaluating Potential Safety Concerns Related To Heating Issue Of Tesla Cars

  The report said the heating problems happened even after Tesla early last year replaced faulty sensors in heat pumps in some 2020-2021 Model 3 and Model Y vehicles to address the issue.

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  car&bike Team | Apr 28, 2022

  Hyundai, Kia Expect Auto Sales Jump In 2022 Amid Chip Shortage

  Hyundai and Kia sold 6.67 million vehicles in 2021, about 3.7% less than their combined target of 6.92 million vehicles, largely due to supply problems including the chip shortage, which drove down vehicle shipment.

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