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    Does the acquisition of Arm give NVIDIA the keys to autonomous driving?
    US-based NVIDIA’s announced agreement to acquire UK-based Arm from SoftBank is a significant development for automotive electronics. Arm brings CPU intellectual property (IP) expertise that has enabled low-powered, embedded solutions, and NVIDIA’s graphics processing unit (GPU) IP expertise has ...
    Mainland China’s mobility service market to drive demand for autonomous driving technology
    Since the first autonomous car competition organized by the US Department of Advanced Research Project Agency (DARPA) in 2004, the United States has been at the center stage of autonomous driving. Alphabet’s Google Self-Driving Car Project, which later became an independent company called Waymo, w...
    14-Aug-2020 Insights Technology Trends Pinned
    ChargePoint announces plan to become a listed company
    Electric vehicle (EV) charging company ChargePoint has announced that it plans to become a publicly listed company on the New York Stock Exchange (NYSE) through a reverse merger with Switchback Energy Acquisition Corporation, a publicly traded special-purpose acquisition company with a strategic foc...
    Li-Cycle to set up lithium-ion battery recycling hub in New York
    Li-Cycle Corp., a Canada-based lithium-ion (Li-ion) battery resource recovery company, will establish its first commercial Li-ion battery recycling Hub at Eastman Business Park (EBP) in Rochester, New York in the United States, according to a company press release on 23 September. To this end, the c...
    25-Sep-2020 News Investments
    Fisker to set up new technology center in US
    EV startup Fisker Inc. will set up its new technology center in the Mission District of San Francisco in the United States, according to a company press release on 24 September 2020. This facility will be the focal point and development center for the company's software and vehicle electronics, incl...
    25-Sep-2020 News Investments
    Will Tesla’s thrust on expanding its in-house expertise pay off?
    On 22 September, Tesla hosted an announcement-packed ‘Battery Day”, showcasing its vision on where it wants to be in terms of battery cell technology and production capacities within the next three years, as well as what some of the innovation in the works could mean for end customers of its ele...
    US State California to ban sale of new gasoline vehicles from 2035
    California Governor Gavin Newsom has signed an executive order requiring sales of all new passenger vehicles to be zero-emission by 2035 and additional measures to eliminate harmful emissions from the transportation sector, according to a press release on 23 September on the official website of the ...
    Tesla plans to launch USD25,000 electric car in next three years
    Tesla, at its Battery Day 2020, has announced plans to launch a USD25,000 electric car in the next three years, BBC reported on 23 September. The affordable car is expected to be made possible by a new battery under development by Tesla which the company claimed will be less than half the price of t...
    23-Sep-2020 News New Products
    Electrify America introduces kWh-based pricing structure in US
    Electrify America has introduced a new pricing structure featuring kilowatt-hour (kWh) pricing in 23 states and District of Columbia (DC) in the United States, a 16 September press release read. This will allow electric vehicle (EV) owners with consistent rates across its fast-charging network. R...
    SKF invests USD61.5 million to reinforce operations in North America
    Sweden-based automotive components supplier, SKF, has announced that it will be investing SEK550 million (approximately USD61.5 million) to strengthen its North American operations. According to a press release issued by SKF on 22 September, the company stated that this investment will also be ...
    23-Sep-2020 News Investments
    Trevor Milton resigns as chairman of Nikola Motors
    In a press release dated 20 September, Nikola Motors announced that Trevor Milton has stepped down from the position of executive chairman and from the board. Nikola has appointed Stephen Girsky, former vice chairman of General Motors Co. and a member of Nikola’s Board, as the new chairman of the ...
    CATL invests USD6.4 million in Neo Lithium for lithium mining project in Argentina
    Mainland Chinese battery maker Contemporary Amperex Technology (CATL) has invested CAD8.5 million (USD6.4 million) in Neo Lithium for its ‘3Q’ lithium mining project in Argentina, Neo Lithium announced in a press release on 14 September. CATL will receive 10,217,502 common shares, representing 8...
    22-Sep-2020 News Investments
    Contra Costa Transportation Authority to use NVIDIA DRIVE AGX platform for pilot project
    Contra Costa Transportation Authority will use vehicles retrofitted with the NVIDIA DRIVE AGX Pegasus platform for an automated driving system pilot project, a company press release on 15 September read. The agency is looking to estimate how much intelligent transportation can improve the efficie...
    Karma Automotive to launch first all-electric car in 2021
    In a press release dated 21 September, Karma Automotive announced that it will launch its first all-electric vehicle in 2021. Karma also announced the new GS label for its new models. The new family of sedans will wear the GS badge. The lineup will include updated electrification options, techn...
    22-Sep-2020 News New Products
    Government of Canada grants USD1.3 million to CSA Group to develop standards for EVs
    The government of Canada has announced CAD1.7 million (USD1.3 million) grant to the CSA Group, a Toronto-based company that develops standards to address emerging technologies and issues in the public and private sectors, according to a press release on the official website of the Government of Cana...
    Volkswagen recalls 1,829 vehicles in US to replace passenger frontal airbag
    Volkswagen (VW) is recalling nearly 1,829 vehicles in the United States to replace passenger frontal airbags, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website. The recall covers certain model year (MY) model year 2020 VW Passat sedans. It is exp...
    22-Sep-2020 News Recalls
    Lumileds appoints Matt Roney as CEO
    Lumileds, a major supplier of lighting solutions, has appointed Matt Roney as the company’s CEO, effective 1 October 2020, according to a press release on 21 September. Most recently, Roney served as president of Lumileds’ Automotive Business Unit. He succeeds Dr. Jonathan Rich who will continue...
    SK Innovation to hire over 1,000 workers by 2021 at EV battery plants in US
    SK Innovation has announced plans to hire more than 1,000 workers by the end of 2021 at its new electric vehicle (EV) battery plant in Georgia, United States, according to a company press release on 21 September 2020. SK Innovation has recently completed the exterior of its first manufacturing plant...
    Virtual Peaker, Fermata Energy partner to use V2G bidirectional charging technology in utilities
    Virtual Peaker has collaborated with Fermata Energy to integrate Fermata's vehicle-to-grid (V2G) technology with its cloud-based residential energy demand response platform used by utilities across the United States, a company press release on 15 September read. The partnership will enable the ma...
    Ford commences F-150 production, invests USD700 million in Rouge Complex in US
    American carmaker Ford has announced the start of production of the newest version of its pickup truck, the F-150. According to a press release issued by Ford on 17 September, manufacturing of this vehicle will happen at the Dearborn-based Rouge Center. This new vehicle is scheduled to go on sale in...
    18-Sep-2020 News Investments
    BMW recalls 300 vehicles in US to replace headlights
    BMW is recalling nearly 300 vehicles in the United States to replace headlights, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website. The recall covers certain model year (MY) 2020–21 BMW X5 and X5M, X6 and X6M, and X7 sport utility vehicles (SUVs). T...
    18-Sep-2020 News Recalls
    Enevate files more than 300 patents related to Li-ion batteries
    In a press release dated 15 September, Enevate announced that it has till date filed more than 300 patents related to lithium-ion (Li-ion) batteries for electric vehicles (EVs). Enevate witnessed more than 50% increase in new patents issued and in process over the last year. “Enevate has been...
    General Motors reveals details of 'Ultium Drive' system
    General Motors (GM) has revealed more details about its ‘Ultium Drive’ system, which will power its future electric vehicles (EV), according to a company press release on 16 September. ‘Ultium Drive’ will include five interchangeable drive units and three motors. All GM electric vehicles bui...
    17-Sep-2020 News New Products
    PPG receives funding from DOE for development of coatings for Li-ion batteries
    PPG has received funding for the United States Department of Energy (DOE) for research into the use of two versatile, high-output processes in the production of lithium-ion (Li-ion) battery electrodes, the company announced in a press release on 16 September. PPG will conduct the USD2.2 million-proj...
    SiriusXM announces appointment of CEO and CFO
    SiriusXM has appointed Jennifer C. Witz as its new CEO, the company said in a press release on 15 September 2020. Witz is currently serving as president of Sales, Marketing, and Operations of the company. The move comes as the existing CEO of the company James E. Meyer intends to retire on 31 Decemb...
    EV Connect partners with two US utilities for EV charging infrastructure management
    Electric vehicle (EV) charging point management company EV Connect has been selected by two utilities in the state of Arizona in the United States for EV charging infrastructure management, the company announced in a press release on 15 September.  In separate agreements, Salt River Project (SR...
    FCA recalls 26,361 vehicles in US to update body control module software
    Fiat Chrysler Automobiles (FCA) is recalling 26,361 vehicles in the United States due to update body control module (BCM) software, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website on 27 August. The recall covers certain model year (MY) 2018–20 Dod...
    15-Sep-2020 News Recalls
    Enel X partners with Uber for EV charging in US
    Enel X and Uber have teamed up to provide special savings for the complete JuiceBox smart charging package for drivers who use the Uber platform in the United States, Enel X said in a press release on 8 September. As part of the partnership, drivers will also be the first to receive a 15,000-mile Ju...
    BMW recalls 4,265 vehicles in US over headlamps issue
    BMW and Toyota are recalling 4,265 vehicles in the United States due to some headlamps issue, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website on 27 August. The recall covers certain model year (MY) 2019–20 Z4 sDrive30i, Z4 M40i and MY 2020 Toyota ...
    15-Sep-2020 News Recalls
    FCA recalls 32,318 vehicles in US over issue with engine calibration software
    Fiat Chrysler Automobiles (FCA) is recalling 32,318 vehicles in the United States over issue with engine calibration software, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website on 27 August. The recall covers certain model year (MY) 2019–20 Ram 3500...
    15-Sep-2020 News Recalls
    US federal agencies form consortium to develop advanced lithium batteries
    US federal agencies, including Department of Energy (DOE), Department of Commerce (DOC), Department of Defense (DoD), and Department of State, formed a new consortium for development of a domestic industrial base for advanced batteries. DOE Office Of Energy Efficiency & Renewable Energy (EERE) a...
    Toyota, Honda, Shell plan to expand hydrogen refueling network in California
    Toyota, Honda, and Shell are planning to jointly expand hydrogen refueling network in California, the United States, Toyota announced in a press release on 9 September. Shell Hydrogen will receive USD40.8 million from California  Energy Commission (CEC) as part of its Grant Funding Opportunity ...
    Electrify America launches new business ‘Electrify Home’ for home EV charging solutions
    Electrify America has launched a new business unit called ‘Electrify Home’ to offer home electric vehicle (EV) charging solutions, according to a company press release on 10 September 2020. Electrify Home leverages the full power of Electrify America’s technical knowledge and strategic collabo...
    Hyundai, Kia recall 189,400 vehicles in US to replace hydraulic ECU for antilock brakes
    Hyundai and Kia are recalling approximately 189,400 vehicles in the United States to replace hydraulic electronic control unit (ECU) for electronic control unit, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website. The recall covers nearly 180,000 units...
    14-Sep-2020 News Recalls
    Utah Department of Transportation begins phase 2 of V2X project
    The Utah Department of Transportation (UDOT) has announced the commencement of phase 2 of the vehicle-to-everything (V2X) project in the state, Statescoop reported on 10 September. The department focused the process of sending hazard warnings and accidents detected by other vehicles for the second s...
    Lucid Air’s headlamps feature Micro Lens Array system
    Electric vehicle (EV) startup Lucid Motor’s upcoming all-electric sedan ‘Air’ features ‘Micro Lens Array’ system, according to a company press release on 9 September. The Micro Lens Array system is comprised of thousands of ‘light channels.’ The lighting system is developed in-hou...
    11-Sep-2020 News New Products
    Lucid Motors unveils production version of all-electric 'Air'
    Lucid Motors has unveiled its first all-electric model ‘Air’ starting at a price of USD80,000 (before tax credit), the company announced in a press release on 9 September. The electric sedan will be offered in four variant—Air, Air Touring, Air Grand Touring, Air Dream Edition. Out of the four...
    10-Sep-2020 News New Products
    General Motors develops wireless battery management system for EVs
    General Motors (GM) has developed a new wireless battery management system (wBMS) for electric vehicles (EV), the company announced in a press release on 9 September. This wireless system has been jointly developed with Analog Devices. The wireless battery monitoring system will be standard on all p...
    10-Sep-2020 News New Products
    Canadian city Nanaimo receives government funding to set up EV charging stations
    Canadian city Nanaimo has received government funding to install 10 new public electric vehicle (EV) charging stations, according to a press release on the official website of the Regional District of Nanaimo (RDN) on 1 September 2020. The city has received CAD162,222 (USD122,886) grant from the Cle...
    General Motors enters into strategic partnership with Nikola for EVs, FCEVs
    General Motors (GM) has entered into a strategizing partnership with electric vehicle (EV) startup for manufacturing of EVs and fuel cell electric vehicles (FCEV), the automaker announced in a press release on 8 September. As part of the collaboration, GM will engineer, validate, homologate, and bui...
    Lidar startup Ouster raises USD42 million in series B funding
    San Francisco-based lidar startup Ouster has raised USD42 million in series B funding, according to a report by Tech Crunch on 9 September. The round was joined by existing investors including Cox Automotive, Fontinalis Partners, and Tao Capital Partners. Significance: The company will use the am...
    FCA recalls 160,229 vehicles in US to modify driver's floormat
    Fiat Chrysler Automobiles (FCA) is recalling 160,229 vehicles in the United States to modify driver's floormat, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website on 27 August. The recall covers certain model year (MY) 2019–20 Ram 1500 vehicles equip...
    09-Sep-2020 News Recalls
    General Motors partners with Uber for expanding all-electric ride-sharing service
    General Motors (GM) has partnered with Uber to help rideshare industry shift to electric vehicles (EV), the automaker announced in a press release on 8 September. The automaker is offering the ride-hailing company's drivers a discount on the new 2020 Chevy Bolt EV. GM will offer its employee discoun...
    ZF collaborates with startup Aeva to produce autonomous sensors
    German supplier ZF Friedrichshafen has partnered with Silicon Valley startup Aeva to develop lidar for autonomous vehicles, according to a press release on 8 September. The companies claim the new sensor to be the world’s first Frequency Modulated Continuous Wave (FMCW) lidar for the automotive ma...
    09-Sep-2020 News New Products
    Kia to launch K5 in Canada with advanced connectivity and ADAS features
    Kia will launch the K5 in Canada in October 2020 with LX, EX and GT-Line trims, the automaker said in a press release on 2 September. The K5 comes with a newly styled infotainment display up to the instrument panel and a vertical wireless charging sleeve for phone charging. “Kia raised the bar ...
    JLR recalls 1,285 vehicles in US to update instrument cluster software
    Jaguar Land Rover (JLR) will recall 1,285 vehicles in the United States to update instrument cluster software, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website on 27 August. The recall involves certain model year 2020 Range Rover Evoque non-plug-in h...
    08-Sep-2020 News Recalls
    Nissan recalls 5,520 vehicles in US to replace LED headlight
    Nissan is recalling 5,520 vehicles in the United States to replace LED headlight, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website on 26 August. The recall covers certain MY 2020 Sentra vehicles. The recall is expected to begin 5 October 2020. ...
    08-Sep-2020 News Recalls
    3D printing startup Azul 3D raises USD4.6 million in seed funding
    3D printing startup Azul 3D has raised USD4.6 million in seed financing, according to a report by 3DPrint.com on 27 August. Investors for this round of funding included former Berkshire Hathaway manager Louis A. Simpson, former 3D Systems chairperson Wally Loewenbaum, and former Stratasys Direct Man...
    INVESTMENT: Hitachi sets up new subsidiary for EV motor business in US
    Hitachi Automotive Electric Motor Systems has established a new subsidiary Hitachi Automotive Electric Motor Systems America for manufacturing electric vehicle (EV) motors in the United States, the company announced in a press release on 4 September. The new company will utilize the existing office ...
    07-Sep-2020 News Investments
    BMW recalls 700 vehicles in US over issue with battery modules
    BMW is recalling approximately 700 vehicles in the US over issue with battery modules, according to a report by cars.com citing the National Highway Traffic Safety Administration (NHTSA). The recall involves certain model year (MY) 2020 Mini SE Countryman, MY 2020–21 BMW X3 and MY 2021 BMW 330e an...
    07-Sep-2020 News Recalls
    Ford collaborates with Metromile to offer connected vehicle owners with personalized car insurance
    Ford has announced a collaboration with Metromile to provide connected vehicle owners with personalized car insurance, a company press release read on 3 September. Vehicles with built-in connectivity can connect to Metromile which will then securely count miles driven directly from the vehicle’...
    Autonomous driving startup Voyage introduces ambulance-grade, self-cleaning robo-taxi G3
    Voyage has developed next generation robotaxi G3, the company said in a press release on 25 August. The new robotaxi features three highly-integrated autonomous technologies: Commander, Shield, and Telessist. Commander is the brain of the G3, which is capable of point-to-point autonomous driving wit...
    04-Sep-2020 News New Products
    US DOT launches online tool to improve safety and testing transparency of automated driving systems
    The U.S. Department of Transportation has unveiled an online tool to improve the safety and testing transparency of automated driving systems for the public, it said in a press release on 2 September. Seventeen cities in the United States will have access to the tracking tool, which will provide dat...
    Volkswagen recalls nearly 4,800 vehicles in US over issue with front seat backrest frame
    Volkswagen (VW) has issued a recall of nearly 4,800 vehicles in the United States over an issue with the front seat backrest frame, according to a report by cars.com citing the National Highway Traffic Safety Administration’s (NHTSA) notice. The recall involves certain model year (MY) 2020 Audi Q5...
    04-Sep-2020 News Recalls
    Kia, Hyundai recall nearly 600,000 vehicles in North America over brake fluid leakage issue
    South Korean automakers Hyundai and Kia are recalling over 600,000 vehicles in the United States and Canada over brake fluid leakage issue, Associated Press reported on 3 September. The recalls cover more than 440,400 units of model year (MY) 2013–15 Kia Optima vehicles and MY 2014–15 Kia Sorent...
    04-Sep-2020 News Recalls
    Lucid Motors reveals powertrain details of upcoming electric sedan Air
    In a press release dated 2 September, electric vehicle (EV) startup Lucid Motor has revealed powertrain details of its upcoming all-electric sedan ‘Air’. The car will come with a 113-kWh battery, which will enable a range of around 832 kilometers (517 miles) per charge. Air will get an ultra-hig...
    03-Sep-2020 News New Products
    General Motors recalls 7,100 vehicles in US to update software in body control module
    General Motors is recalling approximately 7,100 vehicles in the United States to update software in body control module, according to a report by cars.com. The recall affects certain model year (MY) 2020 Chevrolet Corvette sports cars. The recall is expected to begin 3 October. Significance:...
    03-Sep-2020 News Recalls
    Minnesota, US to expand EV charging network with 38 new fast chargers
    The US state Minnesota is expanding its electric vehicle (EV) charging network. According to a press release on the website of the Minnesota Pollution Control Agency (MPCA) on 27 August, the agency will provide fund for the installation of up to 38 additional fast charging stations in Greater Minnes...
    Fortune Nickel and Gold to buy mining rights in Canada to enter battery metals supply chain
    Fortune Nickel and Gold Inc. (Fortune), a wholly owned subsidiary of Here To Serve Holding Corp. (HTSC), has signed an agreement to purchase mining claims in the Canadian nickel-rich area near Timmins, according to a company press release on 1 September 2020. "We have been working with experts in...
    VW, FCA recall nearly 190,000 Vehicles in US over issue with airbag crash sensors
    Volkswagen (VW) and Fiat Chrysler Automobiles (FCA) are recalling nearly 190,000 vehicles in the United States over issue with airbag crash sensors, according to cars.com on 1 September. The recall affects certain model year (MY) 2018 VW Atlas and MY 2019 Jeep Cherokee SUVs fitted with ZF North Amer...
    02-Sep-2020 News Recalls
    EV maker Xpeng Motors raises USD1.5 billion from IPO in US
    Electric vehicle (EV) maker Xpeng Motors has raised USD1.5 billion from its initial public offering (IPO) on New York Stock Exchange (NYSE) in the United States, Reuters reported on 27 August. The shares opened at USD23.10 per American Depositary Share (ADS), up from the raised offer price of U...
    Velodyne joins ITS America to promote Intelligence Transport Systems
    Velodyne has joined the Intelligence Transportation Society of America (ITS America) to promote the benefit of autonomous vehicles and intelligent transportation infrastructure, the US-based lidar system supplier said in a press release on 28 August. ITS America facilitate research and deployment of...
    FCA recalls 160,200 vehicles in US over issue with all-weather floormats
    Fiat Chrysler Automobiles (FCA) is recalling approximately 160,200 vehicles in the United States over issue with all-weather floormats, according to a recall notice on the website of National Highway Traffic Safety Administration (NHTSA). The recall covers certain model year (MY) 2019–20 Ram 1500 ...
    01-Sep-2020 News Recalls
    M&A: Shiloh enters stock and asset purchase agreement with Grouper Holdings
    Shiloh Industries, Inc., a global supplier of lightweighting, noise and vibration solutions, has entered into a ‘stalking horse stock and asset purchase agreement’ with Grouper Holdings, LLC, a subsidiary of MiddleGround Capital LLC, Shiloh announced in a press release on 30 August 2020. As per ...
    Southern California Edison to install around 38,000 EV chargers in next five years in California
    California has approved Southern California Edison (SCE) to install around 38,000 electric vehicle (EV) chargers in the next five years in the state, SCE announced in a press release on 27 August. The chargers will be installed as part of Charge Ready 2 program which has USD436 million allocated to ...
    Enovix wins USD3.2 million grant from US DOE for developing silicon-based battery anode
    Enovix has won a grant of USD3.2 million from the United States Department of Energy's (DOE) for developing silicon-based battery anode, the company announced in a press release on 26 August. The project is designed to conduct research in advanced batteries and manufacturing in support of DOE's Ener...
    EV startup Bollinger Motors unveils DELIVER-E electric van with multiple battery pack options
    Electric vehicle (EV) startup Bollinger Motors has unveiled its electric delivery van DELIVER-E, the company announced in a press release on 27 August. The van will be offered with multiple battery options, including 70 kWh, 105 kWh, 140 kWh, 175 kWh, and 210 kWh. Bollinger Motors will work with a m...
    31-Aug-2020 News New Products
    US NHTSA extends deadline for OEMs by six months to meet ‘quiet car’ regulations
    The United States National Highway Traffic Safety Administration has extended the deadline for automakers to meet ‘quiet car’ regulations by six months to 1 March 2021, Reuters reported on 29 August. The regulations require electric and hybrid vehicles to produce sounds to warn pedestrians of it...
    Volvo to recall nearly 87,200 vehicles in US over issue with front windshield wiper arms
    Volvo will recall approximately 87,200 vehicles in the United States over issue with front windshield wiper arms, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website. The recall covers certain model year (MY) 2018–20 Volvo XC60 sport utility vehicles ...
    31-Aug-2020 News Recalls
    Ontario government to invest CAD10 million for ‘Automotive Modernization Program’
    The Ontario government has announced plans to invest CAD10 million (about USD76 million) under its ‘Ontario Automotive Modernization Program (O-AMP),’ according to a press release on the official website of Ontario government on 18 August. The O-AMP plan entails provision of funding for auto par...
    Startup Pony.ai partners with Bosch for robo-taxi fleet maintenance in North America
    Autonomous driving startup Pony.ai has entered into an agreement with Bosch to develop and test fleet maintenance solutions for robo-taxi programs in North America, VentureBeat reported on 26 August. Pony.ai had been piloting a maintenance program with Bosch in the San Francisco Bay Area in the Unit...
    Mercedes-Benz recalls 806 vehicles in Canada to inspect rear spoilers
    Mercedes-Benz has issued a recall of 806 vehicles in Canada to inspect the rear spoiler, according to a recall notice on the Transport Canada website on 17 August. The recall affects model year 2020 Mercedes-Benz GLB Class vehicles. Significance: In the subject vehicles, the rear spoiler mig...
    28-Aug-2020 News Recalls
    US Securities and Exchange Commission charges BorgWarner for misstating financial statements
    The US Securities and Exchange Commission (SEC) has settled charges against BorgWarner Inc., a motor vehicle parts manufacturer headquartered in Michigan, United States, for materially misstating its financial statements by failing to account for certain asbestos liabilities, according to a press re...
    Tesla expects high-capacity batteries to be ready for mass production in 3-4 years
    Tesla expects to develop a high-capacity battery that will be ready for mass production in the next three to four years, Reuters reported on 25 August, citing a tweet from Tesla CEO Elon Musk. The battery is expected to have around 50% more energy density than its current-generation batteries. ...
    3D printing startup Desktop Metal to go public through merger with Trine Acquisition Corp.
    US-based 3D printing startup Desktop Metal is set to go public through a business combination with Trine Acquisition Corp., the company announced in a press release on 26 August. Combined company will have an estimated post-transaction equity value of up to USD2.5 billion. The transaction with Trine...
    27-Aug-2020 News Mergers
    Porsche upgrades ROADS app in cooperation with startup ClimaCell
    Porsche has collaborated with ClimaCell for upgrading its ROADS app, the automaker said in a press release on 25 August. Using a traffic light system, the app will be able to inform users about the quality of air along the route they plan on taking. Additionally, users will be able to organize joint...
    Detroit Manufacturing Systems announces plan to expand plant in the US
    Detroit Manufacturing Systems (DMS) has announced plans to expand its Detroit plant in the United States, according to a press release on the official website of Michigan Economic Development Corporation on 25 August. To this end, the company intends to invest USD31.9 million in the plant, which is ...
    27-Aug-2020 News Investments
    DURA Automotive to open new plant in US to produce EV battery trays
    Michigan-based DURA Automotive Systems has announced plans to invest USD59 million to open a new manufacturing facility in Muscle Shoals in the US State Alabama to produce battery trays for electric vehicles (EVs), according to a press release on Alabama Department of Commerce’s Made in Alabama we...
    27-Aug-2020 News Investments
    Mafic USA and The Materials Group collaborate on use of basalt fiber in automotive industry
    Mafic USA and The Materials Group (TMG) have partnered to increase the use of basalt fiber compounded into injection molded thermoplastics within the automotive industry, according to a company press release on 26 August. Recently, Mafic began operations at its basalt fiber production facility in...
    US DOE grants USD15 million to 13 projects for battery manufacturing innovations
    The United States Department of Energy (DOE) has granted USD15 million to 13 projects for battery manufacturing innovations, DOE announced in a press release on 24 August. The program will be jointly-funded by DOE’s Office of Energy Efficiency and Renewable Energy's (EERE’s) Advanced Manufacturi...
    May Mobility to resume autonomous shuttle service in Grand Rapids, US with higher safety
    May Mobility will resume its driverless shuttle service in Grand Rapids, Michigan, US, from next 31 August, the US-based autonomous mobility startup announced on twitter on 25 August. “We’re back on 8/31 – lean, green, and squeaky clean with safe, sanitized shuttle service. Grand Rapids, ...
    Ford recalls 528 vehicles in North America over issue with front seatback panels
    Ford has issued a safety recall for 528 Ford Explorer and Lincoln Aviator vehicles in North America, the automaker said in a press release on 25 August 2020. The recall involves model year (MY) 2020 Explorer and Lincoln Aviator vehicles, affecting 491 vehicles in the United States and federal territ...
    26-Aug-2020 News Recalls
    Kandi Technologies considers plan to set up EV manufacturing facility in US
    Kandi Technologies Group, Inc. has announced that the company is actively exploring the possibility of opening a manufacturing base in North America for its EVs and off-road vehicles, the company said in a press release on 20 August 2020. Kandi informed that the “exploration process is in its...
    26-Aug-2020 News Investments
    Utah Department of Transportation launches five-year V2X program
    Utah Department of Transportation (UDOT) has launched a five-year program in partnership with Panasonic to test vehicle-to-everything (V2X) systems on the state’s roads, Deseret News reported in July. UDOT and Panasonic to deploy 80 next-generation roadside radio units along some Utah highway c...
    Mazda’s CX-9 Sport to feature new 10.25-inch center display with latest Mazda Connect infotainment interface
    Mazda has announced that its MY 2021 CX-9 midsize SUV will come equipped with a new 10.25-inch large center display with the latest Mazda Connect infotainment interface, a company press release on 18 August read. The new infotainment is compatible with Apple CarPlay and Android Auto. The i-Activs...
    25-Aug-2020 News New Products
    Automakers urge US Federal Trade Commission to seek appeal against Qualcomm ruling
    Automakers have urged the US Federal Trade Commission (FTC) to appeal against a favorable court ruling for Qualcomm, Reuters reported on 25 August. Tesla, Ford, Honda, Daimler along with Intel and MediaTek are in support of the FTC. In 2017, FTC filed a complaint against Qualcomm in a federal dis...
    Navya launches autonomous shuttle service to transport senior citizens to Detroit hospital
    Navya has launched an autonomous shuttle service to transport senior citizens and the undeserved to and from a local Detroit hospital, Navya announced in a press release on 19 August. For the deployment, Navya teamed up with NextEnergy, Bestmile, Flagstar Bank, IXR Mobility, and AARP, as well a...
    FCA recalls 132,000 vehicles globally to update powertrain control module software
    Fiat Chrysler Automobiles (FCA) is recalling nearly 132,000 vehicles in globally to update powertrain control module software, according to a report by Automotive News Canada on 24 August. The recall covers some 58,000 units in the United States, and 22,079 in Canada. The recall involves certain mod...
    25-Aug-2020 News Recalls
    3M’s Q2 sales fall 12.2% y/y to USD7.2 billion
    3M has reported a 12.2% year-on-year (y/y) decline in revenues to USD7.2 billion for the second quarter ended 30 June 2020, according to a company press release on 28 July. Operating income for the quarter grew 2.2% y/y to USD1.7 billion and net income rose 14.4% y/y to USD1.3 billion. The compan...
    Lucid Air partners with Electrify America for ultrafast 350 kW charging network
    Lucid Motors has partnered with Electrify America to offer its electric vehicle (EV) owners with an ultrafast charging network, according to a company press release on 19 August. The partnership will offer Lucid Air owners three years of complimentary charging (charging sessions up to 100% state of ...
    EV startup Xpeng Motors files for IPO in US
    Mainland China-based electric vehicle (EV) startup Xpeng Motors has filed for an initial public offering (IPO) at New York Stock Exchange, Reuters reported on 21 August. The company expects to raise around USD1.11 billion through the IPO. According to the report, Xpeng Motors intends to sell 85 mill...
    FCA recalls nearly 58,000 vehicles in US to update powertrain control module software
    Fiat Chrysler Automobiles (FCA) is recalling Approximately 58,000 vehicles in the United States to update powertrain control module software, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website. The recall covers certain model year (MY) 2014–16 Jeep G...
    24-Aug-2020 News Recalls
    Rhombus Energy Solutions receives UL certification for V2G charger
    Rhombus Energy Solutions has received Underwriter Laboratories (UL) 1741 and 1741-SA standards certification for its high-power 60-kilowatt (kW) AC-to-DC power conditioning system (PCS) charger unit, the company announced in a press release on 11 August. The new charging stations will come equi...
    Battery startup Anzode gets USD1.7 million grant from CEC for developing non-lithium batteries
    Battery startup Anzode has received a USD1.7 million grant from California Energy Commission (CEC) for developing non-lithium batteries, the company announced in a press release on 18 August. The funding is part of CEC’s Grant Funding Opportunity “Developing non-Lithium Ion Energy Storage Techno...
    Ford's SYNC 4 system adopts new INRIX technology for parking spot, gas station
    Ford has announced that its infotainment system SYNC 4 will adopt INRIX’S services for parking and fuel, a company press release read on 20 August. INRIX’s solution will help Ford drivers find, compare, and navigate to available parking spaces and search for the lowest fuel prices and drive to t...
    EV startup Bollinger Motors announces new HQ, to double staff this year
    Electric vehicle (EV) startup Bollinger Motors has moved its headquarters to a larger facility in Oak Park, Michigan, US, to accommodate the rapid company-wide personnel expansion as it ramps up toward production, according to a company press release on 18 August. Bollinger Motors shifted to new hea...
    SPIN-OFF: Alfa’s shareholders approve spin-off of Nemak
    Nemak, S.A.B. de C.V. has announced that shareholders of its parent company Alfa S.A.B. de C.V. have approved a proposal to spin off its entire ownership stake in Nemak, S.A.B. de C.V., according to a company press release on 17 August. The proposal includes transfer Alfa’s entire share ownership ...
    Mercedes-Benz recalls 10,600 vehicles in US to replace rear spoiler
    Mercedes-Benz has issued a recall of nearly 10,600 vehicles in the United States to replace rear spoiler, according to a recall notice on the National Highway Traffic Safety Administration (NHTSA) website. The recall covers certain model year (MY) 2020 Mercedes-Benz GLB250 sport utility vehicles (SU...
    21-Aug-2020 News Recalls
    Tesla seeks FCC’s approval to market short-range interactive motion-sensing device
    Tesla has sought permission from the United States Federal Communications Commissions (FCC) to market a short-range interactive motion-sensing device that could help prevent children from being left behind in cars, Reuters reported on 21 August. The device uses four transmit and three receive antenn...
    21-Aug-2020 News New Products
    Kandi launches K23 and K27 EVs in the US
    Kandi America, the US-based subsidiary of Kandi Technologies Group, has launched two all-electric cars K23 and K27 in the United States at a virtual event, the company announced in a press release on 19 August. Kandi informed that it has received 436 preorder reservations for the newly launched mode...
    20-Aug-2020 News New Products
    Panasonic plans to increase battery production at Tesla's gigafactory in Nevada, US
    Panasonic is planning to increase battery production capacity at Tesla’s gigafactory in Nevada, the United States, by adding a production line, Nikkei Asian Review reported on 19 August. The Japanese company will invest about USD100 million in the new line, which is expected to increase production...
    20-Aug-2020 News Investments
    Electrify America partners with Love’s Travel Stops for EV charging locations
    Electrify America has partnered with Love's Travel Stops, the US’ industry-leading travel stop network, to expand its growing network of public ultra-fast electric vehicle (EV) charging stations, according to a press release on 19 August. The collaboration will see installation of public ultra-fas...
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