Technology

Reuters

Mar 10, 2023, 6:03 PM

Nissan To Overhaul Electric Powertrains For EVs, Hybrids In Search Of Cost Cuts

The Japanese automaker said it will use the same components across models to make electric powertrains smaller and lighter, and reduce costs.

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  Reuters | Mar 10, 2023

  Mitsubishi Motors To Sell Only EVs, Hybrids By Mid-2030s

  Mitsubishi said it will roll out 16 new models over the next five years.

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  Reuters | Mar 10, 2023

  German Air Taxi Firm Lilium Says Reaches 250 kmph In Testing

  The threshold was reached during testing of the Phoenix 2 vehicle at a flight test centre in southern Spain

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  Jaiveer Mehra | Mar 7, 2023

  Lamborghini Reveals New 1,000 bhp+ V12 Plug-In Hybrid Powertrain

  The new powertrain will debut in the much-awaited successor to the Lamborghini Aventador and start Lamborghini’s push towards electrification.

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  Reuters | Mar 7, 2023

  GM's Cruise To Focus On Cost Cuts As It Ramps Up Robotaxis

  Cruise is focusing on cutting costs this year as mounting losses in the autonomous vehicle companies have sparked investor concerns and forced some to shut shop.

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  Reuters | Mar 4, 2023

  Renault, Geely Ink Pact With Aramco For Engine Venture

  Oil giant Aramco has agreed to take a minority stake in a new powertrain engine company to be set-up jointly by Renault SA and China's Geely Automobile Holdings Ltd.

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  Reuters | Mar 4, 2023

  Ford Launches Automated Driving Unit Latitude AI Months After Winding Down Argo

  The Dearborn, Michigan-based automaker added it hired about 550 employees who previously worked at Argo AI for its new subsidiary.

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  Reuters | Mar 4, 2023

  Mercedes-Benz Begins Building Battery Recycling Factory In Southern Germany

  The pilot plant will have an annual capacity of 2500 tonnes and will contribute to the production of more than 50,000 battery modules for new electric Mercedes-Benz vehicles.

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  Reuters | Feb 28, 2023

  China's CATL Offers EV Battery Discounts In China - Report

  Battery costs are the most expensive component in electric vehicles (EV) and a move toward lower prices by CATL, which had 37% of the global market last year, would ease a major cost pressure on automakers.

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