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October 22, 2021

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EV truck maker Rivian plans in-house battery cell manufacturing

Reuters
The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO, Oct 1 (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

Foxconn strikes deal to acquire former Lordstown Ohio plant

Reuters
A Lordstown Motors beta version of its all electric pickup truck, the Endurance, is seen at the Lordstown Assembly Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook/File Photo WASHINGTON/DETROIT, Sept 30 (Reuters) – Global technology firm Foxconn will buy an assembly plant owned by U.S. electric vehicle startup......

EXCLUSIVE The king of oil bets on batteries for a green world

Reuters
Alex Beard, head of oil at trading firm Glencore, looks on during an interview in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo Beard’s fund to invest in UK battery storage Batteries can cushion shocks and help power trading UK facing energy crisis LONDON, Sept 30 (Reuters)......

Lucid to start deliveries of electric cars with range exceeding Tesla’s in October

Reuters
CASA GRANDE, Ariz., Sept 28 (Reuters) – U.S. startup Lucid Group Inc (LCID.O) said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated. The California-based Lucid began......

Some Apple, Tesla suppliers suspend production in China amid power pinch

Reuters
Sept 27 (Reuters) – Several Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) suppliers have suspended production at some Chinese factories for a number of days to comply with tighter energy consumption policies, putting supply chains at risk in the peak season for electronics goods. Two major Taiwanese chipmakers, however, said......

China’s Geely to set up 5,000 battery swapping stations by 2025

Reuters
The Geely logo is seen at a car dealership in Shanghai, China August 17, 2021. Picture taken August 17, 2021. REUTERS/Aly Song/Files BEIJING, Sept 26 (Reuters) – China’s Geely (GEELY.UL) aims to set up 5,000 battery swapping stations for electric vehicles (EV) globally by 2025, as sales grow in the......

Daimler expands European battery network with 33% stake in ACC venture

Reuters
Mercedes logo in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert/File Photo Daimler to take 33% stake in battery venture ACC will begin supplying Daimler from mid-decade Daimler to invest up to 1 billion euros CEO Kallenius: “Our focus is on Europe” BERLIN, Sept 24 (Reuters) – Daimler’s (DAIGn.DE) Mercedes-Benz said......

Soft, warm and vegan-friendly, Volvo cars go leather-free

Reuters
LONDON, Sept 23 (Reuters) – Swedish carmaker Volvo Cars said on Thursday that its vehicle range will go leather-free or ‘vegan-friendly’ by 2030, offering instead bio-based and recycled materials to a customer base that increasingly wants sustainably sourced products. “We’ve got a new generation of customers coming through, they’re far......

Tesla pushes U.S. to boost fuel economy penalties

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON,......

German auto giants place their bets on hydrogen cars

Reuters
BMW iX5 Hydrogen is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay MUNICH, Sept 22 (Reuters) – Battery power may be the frontrunner to become the car technology of the future, but don’t rule out the underdog hydrogen. That’s the view of......

A life and death question for regulators: Is Tesla’s Autopilot safe?

Reuters
Sept 21 (Reuters) – Robin Geoulla had doubts about the automated driving technology equipped on his Tesla Model S when he bought the electric car in 2017. “It was a little scary to, you know, rely on it and to just, you know, sit back and let it drive,” he......

Exclusive: U.S. opens probe into 30 million vehicles over air bag inflators

Reuters
Heavy vehicular traffic is seen in the Ocean Beach neighbourhood of San Diego, California, U.S., ahead of the Fourth of July holiday July 3, 2020. REUTERS/Bing Guan WASHINGTON, Sept 19 (Reuters) – U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen......

SpaceX capsule with world’s first all-civilian orbital crew heads for splashdown

Reuters
Sept 18 (Reuters) – The quartet of citizen astronauts comprising the SpaceX Inspiration4 mission began their descent from space en route to a splashdown in the Atlantic on Saturday to complete a three-day flight of the first all-civilian crew ever launched into Earth orbit. In preparation fortheir return to Earth,......

Tesla to work with global regulators on data security -Musk

Reuters
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters/File Photo SHANGHAI, Sept 17 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) will work with global regulators to ensure data security, Chief Executive Elon......

GM extends EV Bolt production halt to mid-October

Reuters
A close-up view of the Chevrolet Bolt electric vehicle logo is seen at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam WASHINGTON, Sept 16 (Reuters) – General Motors Co (GM.N) said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October following a......

Nikola, Iveco sign MoU to deliver 25 e-trucks to Hamburg port

Reuters
ULM, Germany, Sept 15 (Reuters) – Electric-truck maker Nikola (NKLA.O) and Iveco, the commercial vehicles brand of Italy’s CNH Industrial (CNHI.MI), on Wednesday said they had agreed to test and deliver up to 25 vehicles to the port of Hamburg, one of Europe’s largest. The memorandum of understanding, which was......

Ford poaches Apple’s car project chief Doug Field

Reuters
Sept 7 (Reuters) – The head of Apple Inc’s(AAPL.O) car project, Doug Field, is going to work for Ford Motor Co(F.N)to lead the automaker’s advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley. Field most recently served as vice president of special projects at......

Victim of Tesla crash in Texas had alcohol level exceeding legal limit

Reuters
The logo of Tesla cars logo is seen during the presentation of the new charge system in the EUREF campus in Berlin, Germany September 10, 2020. REUTERS/Michele Tantussi SAN FRANCISCO, Sept 3 (Reuters) – One of the two victims of a fatal crash involving a Tesla car in Texas had......

Hyundai’s luxury brand Genesis to be all-electric by 2030

Reuters
The logo of South Korean car manufacturer Hyundai’s premium brand Genesis is seen at a showroom in Zurich, Switzerland May 31, 2021. REUTERS/Arnd Wiegmann Sept 2 (Reuters) – Hyundai Motors’ (005380.KS) Genesis said on Thursday it would phase out all gas-powered cars by the end of the decade and that......

Amazon-backed Rivian seeks $70-80 bln valuation in IPO – source

Reuters
The logo for electric vehicle startup Rivian is seen on the hood of its new R1T all-electric truck in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo Aug 27 (Reuters) – Amazon.com Inc-backed (AMZN.O) electric vehicle company Rivian is seeking a valuation of around $70-80 billion in its......

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