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Electric Mobility

car&bike Team
Feb 26, 2022, 1:25 AM
Spurred on by looming bans on combustion engines in China and Europe, major automakers are striving to bring their commercial electric vehicles (EV) to market fast and ensure they don't get caught out again by another Tesla.
1 Min
car&bike Team | Feb 26, 2022Rivian 'Making Progress' On Production Ramp-Up, Sets Market Share GoalScaringe said Rivian, whose shares closed up 10.7% at $63.71, idled the plant for the first 10 days of January to make changes on the production lines in a move to boost output.1 min read
car&bike Team | Feb 26, 2022U.S. Governors Urge Swift Action On $52 Billion Chip Funding BillA persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production.1 min read
car&bike Team | Feb 26, 2022Taiwan's UMC To Spend $5 Billion On New Chip Plant In SingaporeUMC, which has already been producing semiconductors in the country for more than 20 years, said the new factory would produce 22 and 28 nanometre chips.1 min read
car&bike Team | Feb 26, 2022Tesla To Expand Parts Production In Shanghai To Meet Export Demand -DocumentThe automaker will add production workshops, increase the number of workers and lengthen the time equipment is operational the document.1 min read
car&bike Team | Feb 25, 2022US Securities Agency Probes Elon Musk, Brother Kimbal Over Tesla Share Sales: ReportAccording to the report, the investigation began last year after Kimbal sold shares of the electric carmaker valued at $108 million, a day before Musk polled Twitter users asking whether he should offload 10% of his stake in Tesla.1 min read
car&bike Team | Feb 25, 2022Lucid Group To Recall Over 200 Cars Due To Possible Safety IssueLucid is not aware of any instances of the part failing in its vehicles, but it expects about 1% of the 203 potentially affected cars may have the incorrectly installed part.1 min read
car&bike Team | Feb 25, 2022Thailand Approves Tax Breaks For EVs, 'High Potential' ForeignersThailand's cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract "high potential" foreigners to help boost the economy, the finance minister said.1 min read
car&bike Team | Feb 25, 2022E-Bike Startup Zoomo Raises Extra $20 Million For European ExpansionZoomo designs electric bikes for gig workers delivering food and groceries for a monthly fee, or to large fleets providing bikes to employees. The latest round included investments from venture capital firm Collaborative Fund and trading firm Akuna Capital.1 min read
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