Auto Industry

Reuters

Dec 25, 2021, 7:09 PM

Intel CEO Aims To Build Chip Plants With Money Raised From Mobileye IPO

Chief Executive Pat Gelsinger said the IPO will allow Mobileye to grow more easily as global carmakers spend billions of dollars to accelerate their transition to electric and self-driving vehicles.

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  Reuters | Dec 25, 2021

  Ford Caps F-150 Lightning Orders At 200,000: CEO Farley

  Farley said F-150 Lightning orders were capped at 200,000: "We had to stop taking reservations because we had so many."

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  Reuters | Dec 25, 2021

  Russian Start-Up Aims To Bring Mobile EV Superchargers To London

  Privately-owned L-charge raised $1.5 million in September and is seeking a partner to help it increase production to 2,000 mobile and stationary devices annually.

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  Reuters | Dec 25, 2021

  Dutch Digital Mapmaker TomTom Says It Will Extend Volkswagen Partnership

  Under the deal, the terms of which were not disclosed, TomTom's technology will be integrated into Volkswagen cars' user interface.

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  Reuters | Dec 25, 2021

  Enel, Eni Join Forces On Electric Car Charging In Italy

  Under the agreement, consumers will be able to use charging points from their smartphones using Enel X, Be Charge and Eni Apps.

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  car&bike Team | Dec 25, 2021

  GM Pulls Out Of Consumer Electronics Show On COVID-19 Concerns

  General Motors Co will not send employees or top executives to CES 2022 in Las Vegas next month due to the growing concerns about Omicron variant.

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  Reuters | Dec 25, 2021

  Taiwan Government OKs Taiwan Semiconductor's New Chip Plant In Japan

  TSMC said last month it would build a $7 billion chip plant in Japan with Sony Group.

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  Reuters | Dec 25, 2021

  Toyota To Start Car Hardware, Software Update Service In Japan

  The service, known as Kinto Factory, will start in late January and offer new safety features, refreshed interiors, and software upgrades to car computer systems.

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  Charanpreet Singh | Dec 25, 2021

  Vedanta Plans To Invest Up To Rs. 60,000 Crore For Setting Up Chip Manufacturing Plant In India

  Anil Agarwal's Vedanta group is currently finalising technology and equity partnerships as well as joint ventures with top fabrication makers across the globe.

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