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Auto · 28 Jul 2022
How China Became Ground Zero For The Auto Chip Shortage
Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle power systems and charging, which cost the…
Auto · 28 Jul 2022
Redwood Materials Plans To Spend $3.5 Billion On Making EV Battery Essentials
The auto industry has been ramping up production of electric vehicles (EV) to meet a demand surge, driving up orders for batteries and raw materials such as lithium,…
Auto · 28 Jul 2022
U.S. Energy Department Set To Loan GM Battery Joint Venture $2.5 billion
The U.S. Energy Department on Monday announced it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help finance construction…
Auto · 28 Jul 2022
Analysis-‘Unknowns’ Delay Tesla’s Ramp-up Of Its Own Cutting-Edge Batteries
Tesla said on Wednesday it would rely on suppliers to meet battery demand this year, as the necessity of learning new technologies is holding back its plan to…
Auto · 28 Jul 2022
Tesla Braces For Earnings Hit, But EV Delivery Outlook Is Key
Tesla navigated supply-chain challenges better than rivals early in the pandemic, and Deutsche Bank analyst Emmanuel Rosner said high prices and cost-cutting could help Tesla pleasantly surprise investors.
Auto · 28 Jul 2022
Fans Take BYD To Task As Recall Confusion Clouds Chinese EV Maker’s Image
Customers of China’s BYD Co Ltd, the world’s biggest electric vehicle (EVs) maker by sales, have taken the unusual step of urging regulators to expand a battery replacement…
Auto · 28 Jul 2022
Porsche Set To Buy 50% Stake In Red Bull F1 Team
According to documents published by Morocco’s Conseil de la Concurrence, Porsche intends to acquire a 50% stake in Red Bull’s Formula 1 Team.
Auto · 27 Jul 2022
Porsche Reportedly Recalls 40,000 Taycan EVs
Porsche is having manufacturing issues with the Taycan
Auto · 27 Jul 2022
GM Partners Will LG Energy Solutions For Lithium For 1 Million EVs
GM has acquired supply for battery grade lithium for 1 million electric cars
Auto · 27 Jul 2022
Google Finally Launches Street View In India After Being Banned A Decade Ago
Google had piloted Street View in India in the early 2010s but then abandoned the project 6 years ago.