Auto Industry News

Companies from electric automaker Tesla Inc to wafer fabrication equipment supplier Lam Research have warned again that supply chain issues, which crippled several industries, would continue to limit production this year.

Northvolt said its new gigafactory in northern Sweden has assembled its first battery cell, making it the first European company to design and manufacture a battery on the continent.

The refiner has been cutting its crude processing for decades, mainly during the June quarter, due to shortages of water which is needed for cooling operations and power generation.

Stockholm-based Volta Trucks, which also operates in the UK, plans to start production of the Volta Zero, a 16-tonne electric truck, in 2022.

Consumer groups said the regulator needs to look into whether Tesla should have recalled the defective parts.

Tata Motors celebrated the success of its compact-SUV by introducing 4 new variants to add to its current portfolio.

Japan-Taiwan Exchange Association Chairman Mitsuo Ohashi praised Taiwan Semiconductor Manufacturing Co Ltd (TSMC)'s plans to expand in Japan. Expects these collaborations can continue to expand.

The service, known as Kinto Factory, will start in late January and offer new safety features, refreshed interiors, and software upgrades to car computer systems.