Auto Industry

Reuters

Jan 15, 2022, 10:49 PM

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.

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  Reuters | Jan 15, 2022

  EV Startup Bollinger Drops Pickups To Focus On Commercial Trucks

  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.

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  Charanpreet Singh | Jan 15, 2022

  Tesla Sold A Record 70,847 China-Made Vehicles In December: Report

  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.

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  Reuters | Jan 15, 2022

  Volkswagen's Skoda Auto Reports 12.6% Drop In 2021 Global Deliveries To 878,200 Cars

  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.

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  Reuters | Jan 15, 2022

  BMW Brand Delivers Record 2.21 Million Vehicles In 2021

  The BMW Group delivered 2.52 million vehicles, an 8.4% increase from last year.

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  Reuters | Jan 15, 2022

  Volkswagen China Shuts Two Plants In Tianjin Due To COVID-19 Outbreaks

  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.

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  Reuters | Jan 15, 2022

  Musk Says Tesla To Accept Dogecoin For Merchandise

  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.

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  Reuters | Jan 15, 2022

  Waymo, J.B. Hunt Expand Tie-Up To Commercialize Autonomous Trucking Technology

  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.

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  car&bike Team | Jan 15, 2022

  NHTSA Evaluating Potential Safety Concerns Related To Heating Issue Of Tesla Cars

  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.

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