Auto Industry News

Hyundai Motor Expects Vehicle Production To Rebound In H1 As Chip Supply Improves
Hyundai said it expects a 20% sales jump in its biggest market, North America, in 2022.

U.S. Seeks More Information From Tesla On Distracted Drive Game Probe
Mar 1, 2022 12:26 AM
The agency in August opened a safety investigation into 765,000 Tesla vehicles over its driver-assistance system Autopilot after a series of crashes involving the system and parked emergency vehicles.

Qualcomm Inks Car Chip Deals With Volvo, Honda And Renault
Mar 1, 2022 12:24 AM
The deal will allow Volvo's electric SUV, which is to begin production this year, to tap into hands-free use of Google Assistant and navigation with Google Maps.

Toyota To Produce Record 11 Million Cars In Fiscal 2022 If Chip Supply Stable
Mar 1, 2022 12:15 AM
Hitting that production target would depend on a stable supply of chips

Chip Supplier ASML Forecasts Strong 2022 Despite Fire Hit
Mar 1, 2022 12:07 AM
ASML is trying to expand production as its customers, which include TSMC, Samsung Intel, invest heavily in new capacity to try to ease a global semiconductor shortage.

Panasonic To Invest $700 Million To Produce Tesla EV Battery -Nikkei
Mar 1, 2022 12:04 AM
Panasonic unveiled the 4680 format (46 millimetres wide and 80 millimetres tall) battery in October.

Europe's EV Drive Comes With Environmental, Social Risks, Stellantis CEO Says
Mar 1, 2022 12:03 AM
Since merging Fiat Chrysler and Peugeot to create the world's No. 4 carmaker by production, Tavares has mapped out a 30 billion euro ($34 billion) electrification plan that helped Stellantis shares surge more than 60% in their first year.

New EV Owners Resist Petrol Cars In The US, Survey Shows
Mar 1, 2022 12:01 AM
Sales of EVs in the United States jumped to a record high earlier this month with 434,879 new units on the road, however, demand for their hybrid counterparts remained strong as many customers withdrew from EVs due to higher prices, limited driving range and fewer charging stations than required.

Mobileye, Zeekr Aim For Self-Driving Car In China In 2024
Feb 28, 2022 11:58 PM
Mobileye said that Volkswagen AG will also start using some of its mapping data products for Volkswagen's driver-assistance features, such as automated lane keeping.

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