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Auto Industry
Reuters
Mar 1, 2022, 1:21 AM
The new plant, at a site in Liberty that will begin production in 2025, will initially be capable of supplying lithium-ion batteries for 800,000 vehicles annually, and will "pave the way" for Toyota's U.S. production of electric vehicles.
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Reuters | Mar 1, 2022Self-Driving Startup Robotics Research Raises $228 Million In FundingThe fundraising round also included an investment from Luminar Technologies, which makes lidar sensors used in self-driving cars.1 min read
Reuters | Mar 1, 2022German Mobility Startup Vay Raises $95 MillionVay raised $95 million from investors such as Kinnevik, Coatue and Eurazeo, as it planned to launch its first car-rental service in Hamburg next year.1 min read
Reuters | Mar 1, 2022BYD And Momenta Establish Joint Venture For Autonomous Driving TechnologyThe new venture, called DiPi Intelligent Mobility Co and located in Shenzhen, combines BYD's capabilities as an automaker with Momenta's experience in intelligent driving.1 min read
Reuters | Mar 1, 2022Ferrari Signs Deal With Tech Firm Velas To Create Digital Products For FansFrom next season, Velas, a provider of digital products and services, will become a partner of Ferrari's Formula 1 racing team.1 min read
Reuters | Mar 1, 2022Robotaxi Race Opens Up As Top Contender Waymo In Low gear In ArizonaCompanies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.1 min read
Reuters | Mar 1, 2022Nissan Expects Chip, Parts Crunch To Extend Until At Least Mid-2022Nissan expects global supply chain constraints and the sector-wide semiconductor shortage to continue until at least the middle of 2022.1 min read
Reuters | Mar 1, 2022GlobalFoundries Posts 56% Rise In Quarterly Sales On Booming Chip DemandThe company makes silicon wafers for chip designers, such as Advanced Micro Devices and Broadcom Inc, that do not have their own fabrication plants, called fabs.1 min read
Reuters | Mar 1, 2022Waymo Has Tens Of Thousands People On San Francisco Robotaxi Waitlist, Co-CEO SaysWaymo is among a small number of companies around the world that have billions of dollars in financing to develop self-driving cars and trucks.1 min read
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