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Auto · 28 Feb 2022
U.S. Set To Release Study Details On Chips Shortage Amid Funding Push
Automakers and chips manufacturers have warned that supply shortages could last until at least 2023.
Auto · 28 Feb 2022
Toyota Gears Up Its First EV With Safer, Longer-lasting Battery
BEVs have grown in popularity globally, but some consumers have been put off by EV battery-related fire risks and rapid degradation.
Auto · 28 Feb 2022
EV Startup Rivian To Build $5 Billion Plant In Georgia, Posts Quarterly Loss
The new plant east of Atlanta, with construction set to begin next summer, will join the one in Normal, Illinois. Rivian intends to eventually open plants in Europe…
Auto · 28 Feb 2022
Toyota Commits $70 Billion To Bolster Electrification, Shares Rally
Toyota's announcement comes as traditional automobile firms increasingly take on Tesla Inc, which has become the most valuable carmaker this year.
Auto · 28 Feb 2022
Intel Plans To Take Self-Driving Car Unit Mobileye Public
Intel bought Mobileye for $15.3 billion in 2017, putting it into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers.
Auto · 28 Feb 2022
Germany Clears Mercedes-Benz’s Hands-Free Drive System
The automated system allows the driver to focus on other activities while a car equipped with the technology is in heavy traffic or on congested highways, Mercedes-Benz said…
Auto · 28 Feb 2022
Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1
Volkswagen said tight chip supply would continue to pose challenges to Europe's largest carmaker during at least the first half of 2022.
Auto · 28 Feb 2022
SAIC Mobility And Momenta To Start Public Trials Of Robotaxi Service In Shanghai
The two firms are testing 20 robotaxi vehicles in Shanghai's Jiading district to further gauge their viability for commercial use in a trial that will expand to a…
Auto · 28 Feb 2022
Hyundai To Invest $530 Million To Launch Six EVs In India By 2028
Hyundai will launch affordable and premium electric models including sport utility vehicles (SUVs) and sedans, starting with its first electric vehicle (EV) in 2022
Auto · 28 Feb 2022
India’s Biggest Car Dealer Popular Plans $100 Million Listing: Report
Papers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.