Auto Industry
Reuters
Nov 28, 2021, 7:12 PM
Italvolt has pledged to invest 3.4 billion euros ($3.9 billion) to build a battery production facility in Scarmagno, near Turin, to meet growing demand for lithium-ion batteries from Europe's automotive industry.
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car&bike Team | Nov 28, 2021Viral Car Chase Video Continues Notching Up Views Seven Years Later!An adventurous and wild car chase with several jackings and accidents, has gone viral across social media, many years after it took place.1 min read
car&bike Team | Nov 28, 2021Has New Delhi Banned The Entry Of Diesel And Petrol Cars/Bikes?New Delhi has reportedly banned entry of petrol and diesel cars/bikes owing to the alarming pollution levels in the National Capital.1 min read
Reuters | Nov 28, 2021EV Maker Bedeo Acquires Protean From Evergrande's Auto UnitBedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group.1 min read
Reuters | Nov 28, 2021Hertz In Talks With Tesla For EV Delivery TimelineTesla boss Elon Musk took to Twitter on Monday to say that his company had not signed a contract with Hertz, spurring a brief halt in Tesla's stock rally.1 min read
Reuters | Nov 28, 2021Battery Swap Startup Ample Hits Unicorn Status With New Funding RoundThe latest funding comes on the heels of a $160 million round in August that boosted the companys valuation to $890 million, according to investor website PitchBook.1 min read
Reuters | Nov 28, 2021Foxconn Finalizes $50 Million Stock Deal With Lordstown MotorsFoxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.1 min read
Reuters | Nov 28, 2021NXP Forecasts Sales Growth Driven By Connected VehiclesNXP Chief Executive Kurt Sievers said the company intended to focus on key areas where more chips are going into cars and where NXP believes it can hold a market position at least twice that of any competitor.1 min read
Reuters | Nov 28, 2021GM To Launch 10 EVs In South Korea By 2025, No Local Manufacturing Plans YetGM's South Korea unit builds about 600,000 vehicles a year, shipping many to the United States including the popular Chevrolet Trailblazer SUV, and employs about 12,000 people.1 min read
