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Auto · 28 Feb 2022
Volvo Cars, Northvolt To Open Battery R&D Centre As Part Of $3.3 Billion Investment
Volvo Cars, majority owned by China's Geely Holding, aims to sell 50% pure electric cars by the middle of this decade and fully electric cars only by 2030.
Auto · 28 Feb 2022
Panasonic To Begin Mass Producing New Tesla Battery By End-March 2024
Unveiled 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.
Auto · 28 Feb 2022
Chinese Autonomous Driving Startup Raises $157 Million From Hillhouse, Meituan
Haomo 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.
Auto · 28 Feb 2022
Israel Eyes 400 Self-Driving Electric Taxis, Possibly On Road By Early 2022
The 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.
Auto · 28 Feb 2022
Musk Says Tesla’s Cybertruck Will Have Four-Motor Variant
Calling the electric pick-up truck "insane technology bandwagon," Musk said the Cybertruck would have both front and rear-wheel steer that would "not just (turn) like a tank -…
Auto · 28 Feb 2022
GM’s Cruise Disputes San Francisco Concerns On Stops, Says ‘Double Parking’ Legal
The San Francisco Municipal Transportation Agency (SFMTA) last week challenged Cruise's application for a permit to deploy robotaxis in San Francisco on the grounds that it was illegally…
Auto · 28 Feb 2022
Oil Prices Plunge As Omicron’s Rapid Spread Dims Fuel Demand Outlook
Oil prices fell despite Moderna Inc's announcement on Monday that a booster dose of its COVID-19 vaccine appeared to be protective against Omicron in laboratory testing.
Auto · 28 Feb 2022
Nissan To Build New Battery Recycling Factories In U.S., Europe By 2025
Nissan plans to build new battery recycling factories in the United States and Europe by the end of fiscal 2025.
Auto · 28 Feb 2022
Foreign Carmakers Interested In Ford India’s Tamil Nadu Plant: State Minister
Ford announced plans to stop production in India in September, as it did not see a path to profitability there. The carmaker expected to wind down operations at…
Auto · 28 Feb 2022
Tesla Recalls Over 475,000 Electric Vehicles In The US
For Model 3 sedans, rearview cameras mounted on these units might malfunction