Technology News

Toyotas reluctance towards EVs also comes due to its investment towards fuel cell hydrogen powertrains.

All of this could also be hogwash as patents often don't reach the production stage.

Pagani is also developing an EV but that will come post 2026

Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.

Stellantis and South Korea's Samsung SDI Co Ltd have entered a preliminary agreement on a joint venture to produce electric vehicle (EV) battery cells and modules in the United States, the two companies said on Friday.

Tesla Inc wants to shift to a less expensive battery for its electric vehicles but first needs to figure out how to overcome political tensions to get a Chinese partner to build the iron-based batteries near its U.S. factories.

The European Union and Taiwan are democracies with shared values and are natural partners when it comes to semiconductors, a senior EU official said on Thursday, making a pitch for the island's key chip firms to invest in the bloc.

Dutch navigation and digital mapping company TomTom warned on Thursday supply chain problems in the auto sector could last until the first half of next year after it reported a bigger than expected quarterly core loss.