Auto Industry

Reuters

Nov 27, 2021, 11:53 PM

Oil Settles Down $10/Barrel In Largest Daily Drop Since April 2020

Oil fell with global equities markets on fears the variant, could dampen economic growth and fuel demand.

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  Reuters | Nov 27, 2021

  Apple Global Battery Development Chief Moves To Volkswagen

  This is the second time in recent months that an Apple executive has left for an automaker. Apple lost its head of car project, Doug Field, to Ford Motor in September.

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  Reuters | Nov 27, 2021

  Nvidia Launches New Products To Plug Cars, Factories Into Its Omniverse

  Nvidia is looking to capitalize on the intense competition among automakers to develop vehicles that can drive themselves and deliver sophisticated entertainment and information to the humans on board.

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  Reuters | Nov 27, 2021

  First Cobalt Aims To Create Specialist EV Battery Materials Facility In North America

  First Cobalt aims to create North America's first specialist facility for producing electric vehicle battery materials such as cathode chemicals.

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  Reuters | Nov 27, 2021

  Infineon CEO Says Chip Supply To Remain Tight In 2022

  Speaking at the Handelsblatt Automotive Summit, Chief Executive Reinhard Ploss said that vehicle production and chip supply could be balanced by the third quarter.

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  Reuters | Nov 27, 2021

  UK's Connected Kerb Targets 190,000 On-Street EV Chargers By 2030

  Connected Kerb uses long-term contracts spanning 15 to 25 years, financed by large infrastructure banks and groups like infrastructure investor Equitix.

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  Reuters | Nov 27, 2021

  Lordstown Appoints Chief Commercial Officer, Other Executives In Management Rejig

  The company said Chief Operating Officer Jane Ritson-Parsons will also take on the newly created role of Chief Commercial Officer to build Lordstown's commercial strategy for its vehicles.

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  Reuters | Nov 27, 2021

  Xiaomi To Open Car Plant In Beijing With Annual Output Of 300,000 Vehicles: Report

  The plant will be constructed in two phases and Xiaomi will also built its auto unit's headquarters, sales and research offices in the Beijing Economic and Technological Development Zone

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  Reuters | Nov 27, 2021

  Taiwan Looking At Chip Cooperation With Eastern European Nations

  Taiwan, home to companies such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), has become front and centre of efforts to resolve a shortage of chips that has shut some auto production lines around the world and whose impact is now being felt in consumer electronics too.

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