Auto Industry

Reuters

Apr 28, 2022, 8:34 PM

Renault Relatively Confident For 2022 Despite Some Chip Supply Worries

Renault is "relatively confident" about its business year but still sees some problems over chips supplies which it expects to be felt mostly in the first half of 2022, said CEO Luca de Meo.

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  Reuters | Apr 28, 2022

  General Motors Taps Three Qualcomm Chips To Power Its Ultra Cruise Feature

  The Qualcomm chips will provide the computing power for the all-electric Celestiq, the company's planned flagship sedan.

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  car&bike Team | Apr 28, 2022

  Oil Hits Highest Since 2014 On Russia-Ukraine Tension

  Brent crude rose 1.6% while U.S. West Texas Intermediate (WTI) crude was up 1.3%.

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  car&bike Team | Apr 28, 2022

  LG Energy Solution, GM To Build $2.1 Billion Battery Factory In U.S.

  LGES and GM are expected to fund the project equally via Ultium Cells, their U.S.-based battery joint venture.

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  car&bike Team | Apr 28, 2022

  Cybertrucks, New Factories In Focus As Tesla Set To Report Record Earnings

  Chief Executive Officer Elon Musk promises an updated product roadmap on Wednesday, with eyes on the time frames for the launch of Cybertruck and a hoped-for $25,000 electric car.

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  car&bike Team | Apr 28, 2022

  Hyundai Motor Expects Vehicle Production To Rebound In H1 As Chip Supply Improves

  The shortage will continue in the first quarter due to the spread of the Omicron variant, Seo said, adding it was the prolonged COVID-19 pandemic in Southeast Asia and resulting chip sourcing troubles that pushed Hyundai's sales to less than the targeted 4 million vehicles in 2021.

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  car&bike Team | Apr 28, 2022

  Mobileye, Zeekr Aim For Self-Driving Car In China In 2024

  Mobileye plans to work with Geely Holding-backed Zeekr to launch in China what the companies claim will be the world's first mostly self-driving car in 2024.

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  Reuters | Apr 28, 2022

  Volkswagen China Shuts Two Plants In Tianjin Due To COVID-19 Outbreaks

  Due to the recent COVID-19 outbreaks both the FAW-VW vehicle plant and VW Automatic Transmission Tianjin component factory have been shut down since Monday.

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  car&bike Team | Apr 28, 2022

  China's CATL Launches Battery Swap Service For Electric Cars

  CATL launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute.

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