Auto Industry
car&bike Team
Mar 31, 2022, 5:33 AM
The company said it plans to complete construction of its general assembly, paint, casting, stamping and body shop facilities by Dec. 31.
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car&bike Team | Mar 31, 2022Audi-FAW Electric Vehicle Venture In China DelayedAudi signed a memorandum of understanding with China's state-owned FAW Group in October 2020 to jointly produce premium electric vehicles (EVs) in China.1 min read
car&bike Team | Mar 31, 2022Taiwan Looking At Chip Cooperation With Eastern European NationsTaiwan, home to companies such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), has become front and centre of efforts to resolve a shortage of chips that has shut some auto production lines around the world and whose impact is now being felt in consumer electronics too.1 min read
car&bike Team | Mar 31, 2022Phoenix Motors Becomes Latest EV Maker Looking To Tap Public MarketsThe company also disclosed its finances for the first time in its filing, revealing a fall in revenue and wider losses for the nine months ended September 2021.1 min read
car&bike Team | Mar 31, 2022Xiaomi To Open Car Plant In Beijing With Annual Output Of 300,000 Vehicles: ReportThe plant will be constructed in two phases and Xiaomi will also built its auto unit's headquarters, sales and research offices in the Beijing Economic and Technological Development Zone1 min read
car&bike Team | Mar 31, 2022Samsung To Supply New Advanced Auto Chip To VolkswagenThe chips, developed by Samsung's logic chip design business System LSI, include a chip enabling 5G-based telecommunications for downloading high-definition video content during transit, and a power management chip for stable electricity supply.1 min read
car&bike Team | Mar 31, 2022China Beefs Up Rights Of Workers In Ride-Hailing IndustryIn a statement, the transport ministry said ride-hailing companies should improve income distribution mechanisms and provide social insurance for drivers.1 min read
car&bike Team | Mar 31, 2022Bosses Of Tata, HSBC, Macquarie Urge Governments To Do More For Green TransitionThe 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.1 min read
car&bike Team | Mar 31, 2022China's Sinopec Completes Successful Trial Of Crude To Olefin TechnologyFollowing 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.1 min read
