Technology Reviews
Ford, BMW Lead $130 Million Investing Round In Solid-State Battery Startup, Solid Power: Report
Ford Motor Co and BMW AG are leading a $130 million funding round in a solid-state battery startup, Solid Power, as carmakers push to lower the cost of electric vehicles by investing in the development of affordable but powerful rechargeable batteries.
Rivian's Delivery Vans For Amazon Begin Operations In USA
May 4, 2021 12:32 AM
Rivian will also start deliveries of its R1T and R1S electric pick-up and electric SUVs later in 2021.
LG, Samsung & SK Innovation Capture 31% Of Global EV Battery Supply
May 3, 2021 10:03 PM
LG Energy Solution has also lost a few customers because of battery reliability.
Intel To Invest $600 Million To Expand Chip, Mobileye R&D In Israel
May 3, 2021 03:39 PM
Intel Corp has said it will invest another $600 million in Israel to expand its research and development (R&D) and confirmed it was spending $10 billion on a new chip plant.
Volkswagen To Design Chips For Autonomous Vehicles, Says CEO
May 1, 2021 12:09 AM
Volkswagen plans to design and develop its own high-powered chips for autonomous vehicles, along with the required software, Chief Executive Herbert Diess told a German newspaper.
Volkswagen In Soup With SEC Over Voltswagen Renaming April Fool's Stunt
Apr 30, 2021 10:59 PM
After it was caught cheating during diesel gate scandal Volkswagen has been on a quest to revamp its image in front of the public.
GM Has Announced A $1 Billion Investment In Mexico For EV Production
Apr 30, 2021 10:39 PM
This investment includes new capacity for battery packs and electric motors for which manufacturing will begin in the second half of this year.
Chinese EV Maker Nio To Build a $7.7 Billion NeoPark For Global Expansion
Apr 30, 2021 09:59 PM
The construction of the site began earlier this week and will be finished within a year's time. Nio expects a gross yearly output of $77.24 billion.
Vietnam's EV Maker VinFast Aims To Take On Tesla In The US Market
Apr 30, 2021 09:34 PM
Vingroup's electric vehicle arm is betting big on the U.S. market with its VinFast line of cars and hoping that electric SUVs and a battery leasing model will be enough to woo consumers away from homegrown market leaders like Tesla and General Motors.
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