Auto Industry
Reuters
Mar 1, 2022, 1:13 AM
Vay 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.
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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
car&bike Team | Mar 1, 2022Toyota Suspends Factory Operations In Japan After Suspected Cyber AttackNo information was immediately available about who was behind the possible attack or the motive. The attack comes just after Japan joined Western allies in clamping down on Russia after it invaded Ukraine, although it was not clear if the attack was at all related.1 min read
Reuters | Mar 1, 2022Didi Bars Employees From Selling Shares Indefinitely: ReportThe 180-day lock-up period post the company's initial public offering during which current and former staff were not permitted to sell shares was supposed to end on Dec. 27, but the prohibition has been extended without a new end date.1 min read
