Electric Mobility News
Britishvolt To Develop Batteries For New Lotus Electric Sports Car
The research and development that will go into developing battery cells for a high-performance sports car for Lotus will ultimately trickle down to benefit battery cells for more affordable, mainstream EVs.
Renault-Nissan To Do More Together In $26 Billion Electric Bet
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.
Hyundai To Invest $530 Million To Launch Six EVs In India By 2028
Mar 1, 2022 02:18 AM
Hyundai will launch affordable and premium electric models including sport utility vehicles (SUVs) and sedans, starting with its first electric vehicle (EV) in 2022
Intel Plans To Take Self-Driving Car Unit Mobileye Public
Mar 1, 2022 01:49 AM
Intel bought Mobileye for $15.3 billion in 2017, putting it into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers.
EV Startup Rivian To Build $5 Billion Plant In Georgia, Posts Quarterly Loss
Mar 1, 2022 01:46 AM
The new plant east of Atlanta, with construction set to begin next summer, will join the one in Normal, Illinois. Rivian intends to eventually open plants in Europe and China.
Toyota Commits $70 Billion To Bolster Electrification, Shares Rally
Mar 1, 2022 01:43 AM
Toyota's announcement comes as traditional automobile firms increasingly take on Tesla Inc, which has become the most valuable carmaker this year.
GM Eyes Investments Of More Than $4 Billion In Michigan EV Plants
Mar 1, 2022 01:37 AM
GM is is separately considering a $2 billion overhaul of its Orion Township assembly plant north of Detroit to build next-generation electric vehicles.
Self-Driving Truck Company Aurora Launches Pilot With Uber Freight
Mar 1, 2022 01:30 AM
Aurora said it began autonomously transporting loads for Uber Freight customers between Dallas and Houston.
Battery Maker Northvolt And Galp Energia Form JV To Build Lithium Plant
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.