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Oil giant Aramco has agreed to take a minority stake in a new powertrain engine company to be set-up jointly by Renault SA and China's Geely Automobile Holdings Ltd.
Renault, Geely Ink Pact With Aramco For Engine Venture
Calender
Mar 4, 2023 04:59 PM
Oil giant Aramco has agreed to take a minority stake in a new powertrain engine company to be set-up jointly by Renault SA and China's Geely Automobile Holdings Ltd.
Ford Launches Automated Driving Unit Latitude AI Months After Winding Down Argo
Ford Launches Automated Driving Unit Latitude AI Months After Winding Down Argo
calender
Mar 4, 2023 01:59 PM
The Dearborn, Michigan-based automaker added it hired about 550 employees who previously worked at Argo AI for its new subsidiary.
Mercedes-Benz Begins Building Battery Recycling Factory In Southern Germany
Mercedes-Benz Begins Building Battery Recycling Factory In Southern Germany
calender
Mar 4, 2023 10:34 AM
The pilot plant will have an annual capacity of 2500 tonnes and will contribute to the production of more than 50,000 battery modules for new electric Mercedes-Benz vehicles.
China's CATL Offers EV Battery Discounts In China - Report
China's CATL Offers EV Battery Discounts In China - Report
calender
Feb 28, 2023 06:45 PM
Battery costs are the most expensive component in electric vehicles (EV) and a move toward lower prices by CATL, which had 37% of the global market last year, would ease a major cost pressure on automakers.
Lithium Miner Sigma Jumps On Report Tesla Considering Buyout
Lithium Miner Sigma Jumps On Report Tesla Considering Buyout
calender
Feb 28, 2023 06:40 PM
Sigma is finishing construction of a hard rock lithium mine in Brazil that will produce spodumene concentrate, which can be used to make lithium hydroxide, a type of metal preferred by some automakers including Tesla and BMW.
EV Maker Nio To Build 1,000 Battery-Swap Stations In China In 2023
EV Maker Nio To Build 1,000 Battery-Swap Stations In China In 2023
calender
Feb 24, 2023 04:46 PM
Nio will build 400 battery-swapping stations along highways and 600 in urban areas with a focus on the country's third- and fourth-tier cities and counties
EV Battery Maker ONE Raises $300 Million, Now Valued At $1.2 Billion
EV Battery Maker ONE Raises $300 Million, Now Valued At $1.2 Billion
calender
Feb 24, 2023 04:31 PM
The latest round, led by investors Franklin Templeton and Fifth Wall, makes Our Next Energy one of the most valuable privately held battery companies in the United States.
Investors Go Back To Basics With Simpler Self-Driving Vehicles
Investors Go Back To Basics With Simpler Self-Driving Vehicles
calender
Feb 24, 2023 04:20 PM
British AV software company Oxbotica, Sweden's Einride, America's Outrider and British supplier Aurrigo International Plc are among a number of companies drawing investor interest with more focused approaches, aimed at smaller, simpler customer segments - from mining vehicles to tractors or forklifts.
New Mercedes-Benz E-Class Interior Debuts With New MBUX Superscreen
New Mercedes-Benz E-Class Interior Debuts With New MBUX Superscreen
calender
Feb 23, 2023 01:10 PM
The next-gen E-class gets a cabin design inspired by the EQE with a seamless glass panel spanning the centre console and co-driver side of the dashboard.