Auto Industry Reviews
Volkswagen Plans Farewell To Legendary Santana Model In China
Volkswagen AG's joint venture with SAIC Motor will end production of the Santana, Skoda's Rapid and a current version of Tharu sport-utility vehicles (SUV) at its plant in the eastern city of Yizheng.
Startup Italvolt Signs Deal With Engie's Equans In Italy Battery Facility Plan
Nov 28, 2021 07:12 PM
Italvolt has pledged to invest 3.4 billion euros ($3.9 billion) to build a battery production facility in Scarmagno, near Turin, to meet growing demand for lithium-ion batteries from Europe's automotive industry.
Viral Car Chase Video Continues Notching Up Views Seven Years Later!
Nov 28, 2021 06:59 PM
An adventurous and wild car chase with several jackings and accidents, has gone viral across social media, many years after it took place.
Has New Delhi Banned The Entry Of Diesel And Petrol Cars/Bikes?
Nov 28, 2021 06:21 PM
New Delhi has reportedly banned entry of petrol and diesel cars/bikes owing to the alarming pollution levels in the National Capital.
EV Maker Bedeo Acquires Protean From Evergrande's Auto Unit
Nov 28, 2021 06:17 PM
Bedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group.
Hertz In Talks With Tesla For EV Delivery Timeline
Nov 28, 2021 06:11 PM
Tesla boss Elon Musk took to Twitter on Monday to say that his company had not signed a contract with Hertz, spurring a brief halt in Tesla's stock rally.
Battery Swap Startup Ample Hits Unicorn Status With New Funding Round
Nov 28, 2021 05:46 PM
The latest funding comes on the heels of a $160 million round in August that boosted the companys valuation to $890 million, according to investor website PitchBook.
Foxconn Finalizes $50 Million Stock Deal With Lordstown Motors
Nov 28, 2021 05:28 PM
Foxconn has bought stock worth $50 million from the U.S. electric vehicle maker, finalizing an equity investment announced in September.
NXP Forecasts Sales Growth Driven By Connected Vehicles
Nov 28, 2021 05:08 PM
NXP Chief Executive Kurt Sievers said the company intended to focus on key areas where more chips are going into cars and where NXP believes it can hold a market position at least twice that of any competitor.
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