Auto Industry News
LG Energy Solution Raises $10.8 Billion In South Korea's Biggest IPO
The pricing values LGES at 70.2 trillion won, making it South Korea's third most-valuable company after Samsung Electronics Co Ltd and SK Hynix Inc.
EV Startup Bollinger Drops Pickups To Focus On Commercial Trucks
Jan 15, 2022 09:20 PM
Bollinger said the startup will showcase the electric platforms for its medium-duty trucks in March and will likely release some customer names this year.
Tesla Sold A Record 70,847 China-Made Vehicles In December: Report
Jan 15, 2022 08:19 PM
Tesla's December sales, which included 245 for export, were almost three times the amount achieved in the same month last year and 34% higher than November's sales.
Volkswagen's Skoda Auto Reports 12.6% Drop In 2021 Global Deliveries To 878,200 Cars
Jan 15, 2022 08:14 PM
Skoda Auto's global deliveries dropped 12.6% year-on-year in 2021 to 878,200 cars as the industry suffered from a semiconductor shortage and the impact of the COVID-19 pandemic.
BMW Brand Delivers Record 2.21 Million Vehicles In 2021
Jan 15, 2022 07:51 PM
The BMW Group delivered 2.52 million vehicles, an 8.4% increase from last year.
Volkswagen China Shuts Two Plants In Tianjin Due To COVID-19 Outbreaks
Jan 15, 2022 07:34 PM
Due to the recent COVID-19 outbreaks both the FAW-VW vehicle plant and VW Automatic Transmission Tianjin component factory have been shut down since Monday.
Musk Says Tesla To Accept Dogecoin For Merchandise
Jan 15, 2022 07:10 PM
The move, which sent dogecoin prices 14% higher, comes a month after Musk said Tesla would test out the digital token as a payment option.
Waymo, J.B. Hunt Expand Tie-Up To Commercialize Autonomous Trucking Technology
Jan 15, 2022 07:06 PM
The companies said their extended collaboration will include analyzing the operational capacity of Waymo Via, which covers trucking to last-mile deliveries, to address customer needs.
NHTSA Evaluating Potential Safety Concerns Related To Heating Issue Of Tesla Cars
Jan 15, 2022 06:37 PM
The report said the heating problems happened even after Tesla early last year replaced faulty sensors in heat pumps in some 2020-2021 Model 3 and Model Y vehicles to address the issue.
Upcoming Launches
