Auto Industry News
Micron Results Beat Forecasts, Sees Chip Shortages Easing In 2022
Micron said data center revenue grew 70% and that automotive revenue grew 25%, with the automotive growth coming from the increasing amount of memory required in cars with advanced driver safety systems.
Musk Says Tesla's Cybertruck Will Have Four-Motor Variant
Dec 25, 2021 07:30 PM
Calling the electric pick-up truck "insane technology bandwagon," Musk said the Cybertruck would have both front and rear-wheel steer that would "not just (turn) like a tank - it can drive diagonally like a crab."
BP Buys EV Charging Provider AMPLY In Green Energy Push
Dec 25, 2021 07:20 PM
BP aims to double earnings from its global convenience and mobility businesses by 2030 and grow its global network of EV charging points by over six-fold to 70,000 during the same period.
Intel CEO Aims To Build Chip Plants With Money Raised From Mobileye IPO
Dec 25, 2021 07:09 PM
Chief Executive Pat Gelsinger said the IPO will allow Mobileye to grow more easily as global carmakers spend billions of dollars to accelerate their transition to electric and self-driving vehicles.
Ford Caps F-150 Lightning Orders At 200,000: CEO Farley
Dec 25, 2021 06:32 PM
Farley said F-150 Lightning orders were capped at 200,000: "We had to stop taking reservations because we had so many."
Russian Start-Up Aims To Bring Mobile EV Superchargers To London
Dec 25, 2021 06:24 PM
Privately-owned L-charge raised $1.5 million in September and is seeking a partner to help it increase production to 2,000 mobile and stationary devices annually.
Dutch Digital Mapmaker TomTom Says It Will Extend Volkswagen Partnership
Dec 25, 2021 05:59 PM
Under the deal, the terms of which were not disclosed, TomTom's technology will be integrated into Volkswagen cars' user interface.
Enel, Eni Join Forces On Electric Car Charging In Italy
Dec 25, 2021 05:47 PM
Under the agreement, consumers will be able to use charging points from their smartphones using Enel X, Be Charge and Eni Apps.
GM Pulls Out Of Consumer Electronics Show On COVID-19 Concerns
Dec 25, 2021 05:08 PM
General Motors Co will not send employees or top executives to CES 2022 in Las Vegas next month due to the growing concerns about Omicron variant.