Cars

Reuters

Mar 1, 2022, 1:13 AM

German Mobility Startup Vay Raises $95 Million

Vay raised $95 million from investors such as Kinnevik, Coatue and Eurazeo, as it planned to launch its first car-rental service in Hamburg next year.

1 Min

• 
  Reuters | Mar 1, 2022

  Robotaxi Race Opens Up As Top Contender Waymo In Low gear In Arizona

  Companies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.

  1 min read
• 
  Reuters | Mar 1, 2022

  Nissan Expects Chip, Parts Crunch To Extend Until At Least Mid-2022

  Nissan expects global supply chain constraints and the sector-wide semiconductor shortage to continue until at least the middle of 2022.

  1 min read
• 
  Reuters | Mar 1, 2022

  Tesla Faces Investor Lawsuit Over Musk Tweets On 10% Stock Sales

  Tesla investor David Wagner called for access to internal documents to investigate whether Tesla and Musk violated an agreement with the U.S. securities regulator and its board members failed to adhere to their fiduciary duties.

  1 min read
• 
  Reuters | Mar 1, 2022

  Albemarle Joins Newly Formed Lithium Industry Body

  Albemarle, the world's largest producer of lithium for electric vehicles, is the latest to join ILiA after mining giants including Rio Tinto and BASF.

  1 min read
• 
  car&bike Team | Mar 1, 2022

  Toyota Suspends Factory Operations In Japan After Suspected Cyber Attack

  No information was immediately available about who was behind the possible attack or the motive. The attack comes just after Japan joined Western allies in clamping down on Russia after it invaded Ukraine, although it was not clear if the attack was at all related.

  1 min read
• 
  car&bike Team | Mar 1, 2022

  Toyota To Produce Record 11 Million Cars In Fiscal 2022 If Chip Supply Stable

  Hitting that production target would depend on a stable supply of chips

  1 min read
• 
  car&bike Team | Mar 1, 2022

  Baidu's Electric Vehicle Arm Jidu Raises $400 Million In New Funding Round

  There were no external investors participating in the round. The company did not provide any details on its valuation.

  1 min read
• 
  car&bike Team | Mar 1, 2022

  Panasonic To Invest $700 Million To Produce Tesla EV Battery -Nikkei

  Panasonic unveiled the 4680 format (46 millimetres wide and 80 millimetres tall) battery in October.

  1 min read