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The consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.
SKC Consortium Invests $80 Million In UK Anode Startup Nexeon
Calender
Mar 1, 2022 02:38 AM
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1 mins read
The consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.
Renault-Nissan To Do More Together In $26 Billion Electric Bet
Renault-Nissan To Do More Together In $26 Billion Electric Bet
calender
Mar 1, 2022 02:28 AM
Renault and Nissan will build a combined EV line-up of 35 vehicles by 2030, with four-fifths of their models sharing common platforms by 2026.
Tech Alliances Firm Up In The Self-Driving Car Wars
Tech Alliances Firm Up In The Self-Driving Car Wars
calender
Mar 1, 2022 02:25 AM
Three chip firms - Intel Corp's Mobileye, Qualcomm Inc and Nvidia Corp - have emerged from a raft of announcements at the Consumer Electronics Show in Las Vegas as the leaders in locking down the brains of self-driving cars for the next decade.
Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1
Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1
calender
Mar 1, 2022 02:04 AM
Volkswagen said tight chip supply would continue to pose challenges to Europe's largest carmaker during at least the first half of 2022.
SAIC Mobility And Momenta To Start Public Trials Of Robotaxi Service In Shanghai
SAIC Mobility And Momenta To Start Public Trials Of Robotaxi Service In Shanghai
calender
Mar 1, 2022 02:02 AM
The two firms are testing 20 robotaxi vehicles in Shanghai's Jiading district to further gauge their viability for commercial use in a trial that will expand to a second Chinese city next year.
Germany Clears Mercedes-Benz's Hands-Free Drive System
Germany Clears Mercedes-Benz's Hands-Free Drive System
calender
Mar 1, 2022 02:00 AM
The automated system allows the driver to focus on other activities while a car equipped with the technology is in heavy traffic or on congested highways, Mercedes-Benz said in a statement.
Self-Driving Truck Company Aurora Launches Pilot With Uber Freight
Self-Driving Truck Company Aurora Launches Pilot With Uber Freight
calender
Mar 1, 2022 01:30 AM
Aurora said it began autonomously transporting loads for Uber Freight customers between Dallas and Houston.
Toyota To Build New $1.3 Billion Battery Plant In North Carolina
Toyota To Build New $1.3 Billion Battery Plant In North Carolina
calender
Mar 1, 2022 01:21 AM
The new plant, at a site in Liberty that will begin production in 2025, will initially be capable of supplying lithium-ion batteries for 800,000 vehicles annually, and will "pave the way" for Toyota's U.S. production of electric vehicles.
Battery Maker Northvolt And Galp Energia Form JV To Build Lithium Plant
Battery Maker Northvolt And Galp Energia Form JV To Build Lithium Plant
calender
Mar 1, 2022 01:15 AM
Northvolt will build a lithium processing plant with Portugal's Galp Energia with investments estimated at around 700 million euros ($789.6 million), as demand grows for lithium-ion batteries to power electric vehicles.