Auto Industry
Sameer Contractor
Nov 1, 2021, 1:41 AM
Toyota has installed solar plants, developed its own recycling and waste management system, as well as conserved water at the Bidadi plant to achieve carbon neutrality.
1 Min
AFP | Nov 1, 2021GM, Ford See Semiconductor Shortage Lasting Into 2022General Motors and Ford reported lower profits Wednesday as a global semiconductor crunch dented sales, prompting both US auto giants to caution that shortages would persist into 2022.1 mins
Reuters | Nov 1, 2021Automakers Funding New Tech Aimed At Making Greener Lithium For EVsAlbemarle Corp and other traditional lithium producers say they have studied DLE technologies but feel they will not go mainstream until later this decade, given worries about high energy and water use.1 mins
Reuters | Nov 1, 2021Dutch Warn Against Global Decoupling In European Chips ActThe European Commission, the EU executive, in September proposed a European Chips Act covering research and production capacity, prompted by the chip shortage that has disrupted the auto industry, medical devices makers and telecoms providers.1 mins
AFP | Nov 1, 2021Chip Shortage Takes Shine Off Volkswagen's Third QuarterIn the third quarter VW 'lost some 600,000 vehicles that could not be delivered to customers compared to the second quarter', chief executive Herbert Diess said in a conference call.1 mins
Reuters | Nov 1, 2021Lyft Records More Than 4,000 Sexual Assault Cases In Long-Overdue Safety ReportThe company report showed sexual assault reports on its platform had increased from around 1,100 in 2017 to some 1,800 in 2019.1 mins
Reuters | Nov 1, 2021Ford To Suspend Production At Mexican Plant Due To Material Shortages: ReportFord Motor Co. to suspend production at its Hermosillo factory in northern Mexico from November 1-5 due to material shortages.1 mins
AFP | Nov 1, 2021LG To Reimburse GM $1.9 Billion Over Chevrolet Bolt EV RecallGM is building jointly-owned battery plants with LG in the United States and indicated Tuesday it views the South Korean company as a long-time partner in its EV push.1 mins
Reuters | Nov 1, 2021Samsung SDI, Stellantis Agree Joint Electric Vehicle Battery DealSamsung SDI and Stellantis NV have agreed to jointly produce electric vehicle (EV) batteries for the North American market, a person familiar with the matter said on Tuesday.1 mins
