Auto Industry

Reuters

Mar 31, 2022, 2:54 AM

Didi's Ride Hailing Rival T3 Raises $1.2 Billion To Expand

T3's funding round comes as ride-hailing companies step up efforts to take market share from China's ride-hailing market leader Didi Global Inc.

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  Reuters | Mar 31, 2022

  Micron Considering New U.S. Memory Chip Factory As It Gears Up Spending

  Micron has pilot manufacturing lines for developing new technologies at its Idaho headquarters and a factory in Virginia that turns out special high-reliability chips for automobiles.

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  Reuters | Mar 31, 2022

  Samsung SDI, Stellantis Agree Joint Electric Vehicle Battery Deal

  Samsung SDI and Stellantis NV have agreed to jointly produce electric vehicle (EV) batteries for the North American market, a person familiar with the matter said on Tuesday.

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  Reuters | Mar 31, 2022

  Automakers Funding New Tech Aimed At Making Greener Lithium For EVs

  Albemarle Corp and other traditional lithium producers say they have studied DLE technologies but feel they will not go mainstream until later this decade, given worries about high energy and water use.

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  Reuters | Mar 31, 2022

  Apple's Talks With Chinese Battery Makers CATL And BYD Mostly Stalled: Report

  The stalled discussions have meant that Apple has been considering Japanese battery makers and it sent a group of people to Japan this month.

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  Reuters | Mar 31, 2022

  Ford JV Partner SK Innovations Sees US Battery Shortage Persisting Until 2025

  Korea's SK Innovation, expects the U.S. vehicle industry to face a battery supply shortage until 2025 because of the long lead times to build production facilities.

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  Reuters | Mar 31, 2022

  Battery Giants Face Skills Gap That Could Jam Electric Highway

  South Korea's three major players, which command a third of the global electric vehicle (EV) battery market, told Reuters they were all grappling with a shortage of research and engineering specialists as demand for the technology balloons.

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  Reuters | Mar 31, 2022

  Self-Driving Startup Aurora Maps Out Commercial Strategy

  The move comes as several autonomous trucking companies prepare to launch driverless routes in the coming years and begin signing up industry partners and customers in an effort to turn long-elusive self-driving into a profitable reality.

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  Reuters | Mar 31, 2022

  Volkswagen CEO Warns Shift To Electric Vehicles Could Cost 30,000 Jobs

  A Volkswagen spokesperson confirmed Diess' position that Tesla and others' presence in Germany heightened the urgency of transitioning to EVs, but denied that specific calculations had been made on how many jobs could be lost in the process.

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