Auto Industry
car&bike Team
Feb 28, 2022, 8:45 PM
BEVs have grown in popularity globally, but some consumers have been put off by EV battery-related fire risks and rapid degradation. General Motors and Hyundai Motor were forced last year to recall EVs, carrying batteries manufactured by LG Energy Solution, after reports of fires.
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car&bike Team | Feb 28, 2022Stellantis CEO Says EV Cost Burden Is 'Beyond The Limits' For AutomakersGovernments and investors want car manufacturers to speed up the transition to electric vehicles, but the costs are "beyond the limits" of what the auto industry can sustain, said Chief Executive Carlos Tavares.1 min read
car&bike Team | Feb 28, 2022U.S. Government To End Petrol-Powered Vehicle Purchases By 2035 Under Biden OrderThe US government owns more than 650,000 vehicles and purchases about 50,000 annually. Biden's executive order said that light-duty vehicles acquired by the government will be emission-free by 2027.1 min read
car&bike Team | Feb 28, 2022U.S. Opens Investigation Into 580,000 Tesla Vehicles Over Game FeatureThe agency said the decision to open the investigation was based on reports "Tesla's gameplay functionality is visible from the driver's seat and can be enabled while driving the vehicle."1 min read
car&bike Team | Feb 28, 2022Nissan To Build New Battery Recycling Factories In U.S., Europe By 2025Nissan plans to build new battery recycling factories in the United States and Europe by the end of fiscal 2025.1 min read
car&bike Team | Feb 28, 2022Foreign Carmakers Interested In Ford India's Tamil Nadu Plant: State MinisterFord announced plans to stop production in India in September, as it did not see a path to profitability there. The carmaker expected to wind down operations at its vehicle and engine manufacturing unit in Tamil Nadu by 2022.1 min read
car&bike Team | Feb 28, 2022Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand OutlookOil prices fell despite Moderna Inc's announcement on Monday that a booster dose of its COVID-19 vaccine appeared to be protective against Omicron in laboratory testing.1 min read
car&bike Team | Feb 28, 2022GM's Cruise Disputes San Francisco Concerns On Stops, Says 'Double Parking' LegalThe San Francisco Municipal Transportation Agency (SFMTA) last week challenged Cruise's application for a permit to deploy robotaxis in San Francisco on the grounds that it was illegally "double parking" during testing, creating safety and traffic concerns.1 min read
car&bike Team | Feb 28, 2022Japan's Osaka Gas Plans To Enter India's City MarketOsaka Gas has stepped up overseas expansion in a bid to achieve its long-term goal, set in 2017, to triple its recurring profits by 20301 min read
