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Auto · 26 Dec 2021
U.S. Commerce Chief: Funding For Semiconductor Production Could Slip To 2022
U.S. Commerce Secretary Gina Raimondo on Tuesday said efforts in Congress to approve $52 billion to expand U.S. semiconductor manufacturing could slip into 2022.
Auto · 26 Dec 2021
Battery Maker Northvolt And Galp Energia Form JV To Build Lithium Plant
Northvolt will build a lithium processing plant with Portugal's Galp Energia with investments estimated at around 700 million euros ($789.6 million), as demand grows for lithium-ion batteries to…
Auto · 26 Dec 2021
Toyota To Build New $1.3 Billion Battery Plant In North Carolina
The new plant, at a site in Liberty that will begin production in 2025, will initially be capable of supplying lithium-ion batteries for 800,000 vehicles annually, and will…
Auto · 26 Dec 2021
Indian Ride Hailing Firm Ola Raises $500 Million Loan
The proposed loan issuance got a staggering response from investors with interest and commitment of about $1.5 billion, the Bengaluru-based company said.
Auto · 26 Dec 2021
GM, Google, Others Join Retreat From CES Over Rising COVID-19 Cases
General Motors, Alphabet Inc.'s Google and its self-driving auto-technology company Waymo joined the companies no longer attending the Consumer Electronics Show (CES) in person early next month due…
Auto · 26 Dec 2021
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 · 26 Dec 2021
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 · 26 Dec 2021
U.S. Opens Investigation Into 580,000 Tesla Vehicles Over Game Feature
The agency said the decision to open the investigation was based on reports "Tesla's gameplay functionality is visible from the driver's seat and can be enabled while driving…
Auto · 26 Dec 2021
New-Generation Maruti Suzuki Alto Spotted Testing In India Again
The test mule of the new-gen Maruti Suzuki Alto was spotted testing in the Delhi-NCR area, however, it's still heavily covered in camouflage. The entry-level hatchback is likely…
Auto · 26 Dec 2021
Stellantis CEO Says EV Cost Burden Is ‘Beyond The Limits’ For Automakers
Governments 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,…