Auto Industry Reviews
Intel CEO Aims To Build Chip Plants With Money Raised From Mobileye IPO
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.
Taiwan Government OKs Taiwan Semiconductor's New Chip Plant In Japan
Dec 25, 2021 05:03 PM
TSMC said last month it would build a $7 billion chip plant in Japan with Sony Group.
Toyota To Start Car Hardware, Software Update Service In Japan
Dec 25, 2021 04:57 PM
The service, known as Kinto Factory, will start in late January and offer new safety features, refreshed interiors, and software upgrades to car computer systems.
Vedanta Plans To Invest Up To Rs. 60,000 Crore For Setting Up Chip Manufacturing Plant In India
Dec 25, 2021 04:21 PM
Anil Agarwal's Vedanta group is currently finalising technology and equity partnerships as well as joint ventures with top fabrication makers across the globe.