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Cars
Reuters
Dec 26, 2021, 11:47 PM
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 | Dec 26, 2021Toyota To Build New $1.3 Billion Battery Plant In North CarolinaThe new plant, at a site in Liberty that will begin production in 2025, will initially be capable of supplying lithium-ion batteries for 800,000 vehicles annually, and will "pave the way" for Toyota's U.S. production of electric vehicles.1 min read
Reuters | Dec 26, 2021Nissan To Build New Battery Recycling Factories In U.S., Europe By 2025Nissan plans to build new battery recycling factories in the United States and Europe by the end of fiscal 2025.1 min read
Reuters | Dec 26, 2021GM, Google, Others Join Retreat From CES Over Rising COVID-19 CasesGeneral Motors, Alphabet Inc.'s Google and its self-driving auto-technology company Waymo joined the companies no longer attending the Consumer Electronics Show (CES) in person early next month due to rising COVID-19 infections.1 min read
Reuters | Dec 26, 2021U.S. Opens Investigation Into 580,000 Tesla Vehicles Over Game FeatureThe agency said the decision to open the investigation was based on reports "Tesla's gameplay functionality is visible from the driver's seat and can be enabled while driving the vehicle."1 min read
Reuters | Dec 26, 2021Stellantis CEO Says EV Cost Burden Is 'Beyond The Limits' For AutomakersGovernments and investors want car manufacturers to speed up the transition to electric vehicles, but the costs are "beyond the limits" of what the auto industry can sustain, said Chief Executive Carlos Tavares.1 min read
Charanpreet Singh | Dec 26, 2021New-Generation Maruti Suzuki Alto Spotted Testing In India AgainThe test mule of the new-gen Maruti Suzuki Alto was spotted testing in the Delhi-NCR area, however, it's still heavily covered in camouflage. The entry-level hatchback is likely to be launched sometime in the second half of 2022.1 min read
Reuters | Dec 26, 2021EV Maker Lucid Gets SEC Subpoena On $24-Billion Blank-Check DealLucid's deal with veteran dealmaker Michael Klein's blank-check firm earlier this year gave the combined company a pro-forma equity value of $24 billion, making it one of the biggest deals with Special Purpose Acquisition Companies (SPACs).1 min read
Shubham Parashar | Dec 26, 2021Kia Seltos, Mahindra Thar, Tata Nexon Were The Most Popular Cars Among Indians In 2021 According To Google SearchesThe Kia Seltos, Mahindra Thar and Tata Nexon were the top-three models to receive most searches on google on an average in 2021.1 min read
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