Auto Industry
Reuters
Jan 15, 2022, 11:17 PM
The Volkswagen brand saw an 8.1 per cent drop in sales to just under 4.9 million units, with the biggest fall in China at 14.8 per cent, although battery-electric vehicle sales in the country quadrupled.
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Reuters | Jan 15, 2022UK's Crown Estate, Volta Trucks To Run Electric Truck Trial In LondonThe trial will be run by the Crown Estate's distribution provider Clipper Logistics and involve a prototype Volta Zero, a 16-tonne electric truck that is due to go into production by the end of 2022 at a former truck plant in Austria.1 min read
Reuters | Jan 15, 2022Indian Electric Van Maker For Amazon Raises FundsIndian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.1 min read
Reuters | Jan 15, 2022LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPOThe 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.1 min read
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Charanpreet Singh | Jan 15, 2022Tesla Sold A Record 70,847 China-Made Vehicles In December: ReportTesla'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.1 min read
Reuters | Jan 15, 2022Volkswagen's Skoda Auto Reports 12.6% Drop In 2021 Global Deliveries To 878,200 CarsSkoda 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.1 min read
Reuters | Jan 15, 2022BMW Brand Delivers Record 2.21 Million Vehicles In 2021The BMW Group delivered 2.52 million vehicles, an 8.4% increase from last year.1 min read
Reuters | Jan 15, 2022Volkswagen China Shuts Two Plants In Tianjin Due To COVID-19 OutbreaksDue 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.1 min read
