Electric Cars
Reuters
Feb 28, 2022, 11:31 PM
The fundraising exercise comes as VinFast, Vingroup's automobile arm, is betting big on the U.S. market, where it hopes that its electric SUVs and a battery leasing model will be enough to woo consumers away from the likes of Tesla and General Motors.
1 Min
car&bike Team | Feb 28, 2022Israel Eyes 400 Self-Driving Electric Taxis, Possibly On Road By Early 2022The proposed Transportation Ministry's law that was presented to parliament's Economic Affairs Committee would arrange, supervise and develop the autonomous sector in Israel, initially limited to just taxis.1 min read
car&bike Team | Feb 28, 2022Chinese Autonomous Driving Startup Raises $157 Million From Hillhouse, MeituanHaomo will use the funds raised from investors to build its talent pool and enhance its R&D capability, the company said in a statement on Wednesday.1 min read
car&bike Team | Feb 28, 2022Panasonic To Begin Mass Producing New Tesla Battery By End-March 2024Unveiled by Panasonic in October, the 4680 format (46 millimetres wide and 80 millimetres tall) battery is around five times bigger than those currently supplied to Tesla.1 min read
car&bike Team | Feb 28, 2022Volkswagen Expects Battery, Raw Material Drive To Cost Up To $34 BillionFour more plants will follow by the end of the decade, most likely in Spain, eastern Europe and two additional locations that have so far not been disclosed. Costs will be 1 billion to 2 billion euros per plant while capacity will range from 40 up to a maximum of 80 gigawatt hours (GWh)1 min read
car&bike Team | Feb 28, 2022Canoo Revs Up U.S. Electric Vehicle Production Plan As Drops Overseas DealCanoo said starting production in Oklahoma remains on track for late 2023, but it also now expects to begin building electric vehicles in Arkansas next year, instead of using the VDL Nedcar plant.1 min read
car&bike Team | Feb 28, 2022Trucks Catch Up In The Self-Driving Vehicle RaceIn the year through Dec. 6, total investment activity for self-driving logistics vehicles leapt fivefold to $6.5 billion from $1.3 billion in the same period in 2020, according to startup data platform PitchBook.1 min read
car&bike Team | Feb 28, 2022Stellantis 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
car&bike Team | Feb 28, 2022Tesla Recalls Some Model 3 And Model S Vehicles In ChinaTesla is recalling these electric cars produced during certain period of time due to possible security risks1 min read
