Auto Industry
car&bike Team
Nov 22, 2021, 4:20 PM
Charging points for electric vehicles will be required to be installed in new buildings in Britain from next year under new legislation to be announced by Prime Minister Boris Johnson, his office said in a statement.
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Reuters | Nov 22, 2021TomTom Shares Rise 9% After European Union DecisionThe publication in the Official Journal of the European Union specified that new car models must use the technology starting in July 2022, and all cars sold must have it by 2024.1 min read
Reuters | Nov 21, 2021Waymo, UPS Expand Autonomous Freight Truck Tie-Up Ahead Of HolidaysThe company said trial runs would start in the coming weeks, where big rigs equipped with its fifth-generation Waymo Driver technology will deliver for UPS' North American Air Freight unit between facilities in Dallas-Fort Worth and Houston, Texas.1 min read
Reuters | Nov 21, 2021California OKs $1.4 Billion Plan For Car Chargers, Hydrogen RefuelingThe CEC said the plan, approved on Monday, will support California Governor Gavin Newsom's executive order phasing out the sale of new gasoline-powered passenger vehicles by 2035.1 min read
Reuters | Nov 21, 2021JPMorgan Sues Tesla For $162 Million After Musk Tweets Soured Warrant DealAccording to the complaint, Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.1 min read
Reuters | Nov 21, 2021Uber Introduces Revamped Shared Rides Offer In The U.SPassengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.1 min read
Reuters | Nov 21, 2021Tesla Climbs As Other EV Makers Hit Brakes After RallyInvestors exchanged $33.8 billion worth of Tesla shares on Wednesday, more than any other company on Wall Street and more than double the turnover of Apple, the second most traded company, according to Refinitiv.1 min read
Reuters | Nov 21, 2021Fisker Unveils Electric SUVs To Beat Tesla Over Driving RangeFisker said the base Ocean Sport model will be priced at $37,499 and achieve a driving range of 250 miles per charge.1 min read
Reuters | Nov 21, 2021Canada's Power Chip Maker GaN Systems Raises $150 Million, Pushes On Electric Car MarketBMW and Toyota Motor Corp have been investors in GaN Systems for several years, and Witham said GaN recently signed its first "capacity agreement" with BMW to guarantee delivery of power chips worth over a quarter of a billion dollars.1 min read
