Auto Industry

Reuters

Jan 15, 2022, 11:00 PM

Indian Electric Van Maker For Amazon Raises Funds

Indian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.

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  Reuters | Jan 15, 2022

  LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPO

  The pricing values LGES at 70.2 trillion won, making it South Korea's third most-valuable company after Samsung Electronics Co Ltd and SK Hynix Inc.

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  Reuters | Jan 15, 2022

  EV Startup Bollinger Drops Pickups To Focus On Commercial Trucks

  Bollinger said the startup will showcase the electric platforms for its medium-duty trucks in March and will likely release some customer names this year.

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  Charanpreet Singh | Jan 15, 2022

  Tesla Sold A Record 70,847 China-Made Vehicles In December: Report

  Tesla's December sales, which included 245 for export, were almost three times the amount achieved in the same month last year and 34% higher than November's sales.

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  Reuters | Jan 15, 2022

  Volkswagen's Skoda Auto Reports 12.6% Drop In 2021 Global Deliveries To 878,200 Cars

  Skoda Auto's global deliveries dropped 12.6% year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic.

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  Reuters | Jan 15, 2022

  BMW Brand Delivers Record 2.21 Million Vehicles In 2021

  The BMW Group delivered 2.52 million vehicles, an 8.4% increase from last year.

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  Reuters | Jan 15, 2022

  Volkswagen China Shuts Two Plants In Tianjin Due To COVID-19 Outbreaks

  Due to the recent COVID-19 outbreaks both the FAW-VW vehicle plant and VW Automatic Transmission Tianjin component factory have been shut down since Monday.

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  Reuters | Jan 15, 2022

  Musk Says Tesla To Accept Dogecoin For Merchandise

  The move, which sent dogecoin prices 14% higher, comes a month after Musk said Tesla would test out the digital token as a payment option.

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  Reuters | Jan 15, 2022

  Waymo, J.B. Hunt Expand Tie-Up To Commercialize Autonomous Trucking Technology

  The companies said their extended collaboration will include analyzing the operational capacity of Waymo Via, which covers trucking to last-mile deliveries, to address customer needs.

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