CATL, the world’s largest battery maker, is in the final stages of vetting sites in the United States to build electric vehicle batteries, an investment that would mark the Chinese company’s first production in the world’s second-largest car market, two people with knowledge of the plans told Reuters. Contemporary Amperex Technology Co (CATL) is in […]
Electric Vehicle
Taiwanese electric scooter maker Gogoro Inc has all the chips it needs for now, founder and Chief Executive Horace Luke said on Tuesday, but could face a squeeze by year-end as it pushes big plans to grow in China, India and Southeast Asia. While a global shortage of semiconductors has slammed auto makers, Luke told […]
Toyota Motor Corp unit Woven Planet is following the lead of Tesla Inc in trying to advance self-driving technology with low-cost cameras. Woven Planet told Reuters it is able to use cameras to collect data and effectively train its self-driving system, a “breakthrough” that it hopes will help drive down costs and scale up the […]
General Motors and Honda Motor Co said on Tuesday they will develop a series of lower-priced electric vehicles based on a new joint platform, producing potentially millions of cars from 2027 in a bid to beat Tesla in sales. The announcement expands on plans for GM to begin building two electric SUVs for Honda starting […]
As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalizing plans for a 2 billion euro ($2.2 billion) electric vehicle (EV) factory that it hopes will bring it up to speed with its U.S. rival. Tesla says it can already churn out a Model Y in 10 […]
China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, “imminently” and open sales centres in 15 major cities across the country. Liu Yongzhuo, president of the electric vehicle (EV) arm of the world’s most indebted property developer China Evergrande Group, made […]
A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government throwing its weight behind several […]
The shift to electric cars may pose an existential threat to suppliers of combustion engines but for auto parts firms such as TE Connectivity the challenge is keeping up with demand. It makes the connectors that link miles of cables in cars to all things electrical, from sensors to fuel injection systems to infotainment – […]
55 percent of EV-owning Households in 2026 Globally Will Charge via a Home Wallbox Hampshire, UK – 14th February 2022: A new study from Juniper Research has found that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 billion in 2021. This rapid growth in excess of 390 percent over the […]
Self-driving vehicle companies from Tesla Inc to General Motors Co’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles. On Tuesday, Cruise said that SoftBank Group Corp will invest another $1.35 billion in anticipation of Cruise launching commercial robo-taxi […]