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    Semiconductor supply constraints expected to resolve by second half of fiscal year 2021
    With demand falling for most part of 2020 due to the COVID-19 pandemic, carmakers and tier-1 suppliers have reduced their inventory. Automotive semiconductor vendors have canceled orders to external foundries, while internal capacity was halted or slowed either intentionally or as a result of reduce...
    OEMs launching 5G-enabled cars years before the technology goes mainstream 
    The introduction of 5G telecommunication services is going to be a game-changer for the automotive industry. Its low latency properties will drive growth in connected and autonomous vehicle markets while enabling data and signal sharing in real time, which is crucial for maintaining safety in t...
    GM aims 40% of new launches in mainland China to be NEVs in next five years
    General Motors (GM) is planning to have more than 40% of its new launches in China to be new energy vehicles (NEV) in the next five years, the company announced in a press release on 6 January. General Motors said that, along with its joint ventures, it delivered 2.9 million vehicles in China in 202...
    MG Motor, Tata Power expand fast EV charging network in Mangalore, India
    MG Motor, along with Tata Power have set up a new electric vehicle (EV) public charging station in Indian city of Mangalore, Autocar Professional reported on 14 January. The station features a 60-kW fast charger and is available to all vehicles compatible with CCS fast-charging standard. “As techn...
    SAIC unveils new smart EV brand IM powered by NVIDIA DRIVE Orin
    Mainland Chinese automaker SAIC has unveiled a new smart electric vehicle (EV) brand IM in mainland China. The long-range EVs from the IM brand will feature artificial intelligence (AI) capabilities powered by the high-performance NVIDIA DRIVE Orin compute platform, NVIDIA announced on its website o...
    Foresight to supply V2X solution to Japanese OEM 
    Foresight Autonomous has announced that its unit Eye-Net Mobile will start a pilot project with a Japanese vehicle manufacturer to test its Eye-Net Protect cellular-vehicle-to-everything (C-V2X) accident prevention solution, according to a company press release on 13 January. The pilot will help val...
    Rajasthan Electronics & Instruments to install more than 4,000 EV chargers in India
    Rajasthan Electronics and Instruments (REIL) is set to install more than 4,244 electric vehicle (EV) chargers across India, Moneycontrol.com reported on 8 January. State-owned REIL has given the contract for the installation to Okaya Power. "REIL, a mini ratna company, has given contract for supply,...
    Solvay introduces new hydrogen platform
    In a press release dated 13 January, Solvay announced that it has launched a new hydrogen platform. The platform will bring together all the innovative material and chemical solutions the Group has to offer to advance the emerging hydrogen economy. “The hydrogen economy has taken off, and wit...
    DENSO appoints Seiji Maeda CEO of DENSO North America operations
    Japanese supplier DENSO has appointed Seiji Maeda as CEO of DENSO's North American operations, according to a company press release on 12 January. Maeda is also a senior director at DENSO. Prior to this post, Maeda served as head of Denso’s Motor Business Unit in Japan. From 2012–17, he held ...
    TDK collaborates with Uhnder to develop digital imaging radar for autonomous driving platform
    TDK Corporation has announced that its inertial navigation software unit Trusted Positioning and Uhnder have partnered to develop a localization reference design with Uhnder’s digital radar sensor and TPI’s AUTO positioning software. In a company press release on 11 January, TDK stated that the ...
    CBAK Energy partners with JAC Motor for development of EV battery cells
    CBAK Energy has partnered with mainland Chinese automaker Anhui Jianghuai Motors Group  (JAC Motor) for development of electric vehicle (EV) battery cells, CBAK announced in a press release on 11 January. The companies plan to jointly develop cylindrical lithium-ion (Li-ion) batteries and batte...
    Tesla forays into Indian market, registers subsidiary company
    Electric vehicle (EV) manufacturer Tesla has forayed into the Indian market and has registered a new subsidiary in India, named Tesla India Motors and Energy, Times of India reported on 13 January. The subsidiary, which is headquartered in Bengaluru, has appointed three directors and has an aut...
    Renesas collaborates with Microsoft to accelerate development of connected vehicles
    Renesas Electronics has announced a collaboration with Microsoft to accelerate the development of connected vehicles, according to a press filing on 12 January. The Renesas’ R-Car Starter Kit will be available as a development system for the Microsoft Connected Vehicle Platform (MCVP). The Renesas...
    AAM, Inovance Automotive join forces on next-generation electric-drive technology
    American Axle & Manufacturing (AAM) has partnered with Suzhou Inovance Automotive for development and delivery of scalable, next-generation 3-in-1 electric drive systems, the company announced in a press release on 11 January. The electric drive systems will be manufactured at AAM's Changshu Man...
    CES 2021: Splitvolt to showcase EV charging solutions
    Splitvolt is showcasing its electric vehicle (EV) charging solution at the ongoing CES 2021 in the United States, the company announced in a press release on 11 January. Splitvolt will exhibit its family of electric vehicle products, including splitter switches, high-performance portable EV chargers...
    Xpeng Motor secures USD2.7 billion credit line from five Chinese banks
    Electric vehicle (EV) startup Xpeng has secured a signed a strategic cooperation agreement with five domestic banks to secure a credit line of RMB12.8 billion (USD2.7 billion) with an extensive range of credit facilities, the company announced in a press release on 11 January. Under the terms of the...
    Lear ties up with Grubhub for contactless food ordering services in FCA vehicles
    Lear Corporation has announced that its Xevo software business has partnered with Grubhub for contactless food ordering services in FCA vehicles, according to a company press release on 11 January. This is an expansion on Uconnect Market's transaction capabilities for contactless transactions in ...
    Gentex partners with Simplenight for connected car services
    Gentex Corporation has announced a partnership with Simplenight to offer connected car services, the company said in a press release on 11 January. The collaboration will offer drivers and occupants access to mobile capability for booking personalized entertainment and lifestyle experiences in addit...
    CES 2021: Cinemo to display in-vehicle premium video, music, and cloud gaming
    Cinemo has announced that it will showcase advanced software solutions powered by in-vehicle technologies such as Widevine digital rights management and hardware optimized low-latency AV streaming and playback at CES 2021, according to a press filing on 11 January. “We create solutions that tra...
    Geely, Baidu to set up new electric car company
    Geely and Baidu have joined hands to set up a new company for development of connected and intelligent electric vehicles (EVs), Geely announced in a press release on 11 January. The new smart EVs developed based on Geely’s ‘Sustainable Experience Architecture’ (SEA) and Baidu will contribute i...
    Hyundai confirms to be in early talks with Apple for EV development
    Hyundai has confirmed that it is in early talks with Apple for development of electric vehicles (EV), Reuters reported on 8 January. The companies are also reportedly looking for a tie-up for battery development. “Apple and Hyundai are in discussion, but as it is early stage, nothing has been deci...
    Easycharger opens new EV charging station in Spain
    Easycharger has opened a new electric vehicle (EV) charging station in Villargordo del Cabriel in Spain, according to a company press release. The stations are located within the GALP service stations. The company has installed two stations—one on each side of the road. These stations currently ha...
    Blink Charging plans to raise USD221 million funding through public offering of common stock
    Blink Charging Co., an operator and provider of electric vehicle (EV) charging equipment and services, has announced the pricing of its previously announced underwritten registered public offering of 5,400,000 shares of its common stock at a public offering price of USD41 per share, for total gross ...
    Startup Tactile Mobility secures investment from Nexteer Automotive
    Israel-based tactile virtual sensing and data startup Tactile Mobility has secured funding from Nexteer Automotive, a specialist in intuitive motion control, and The Group Ventures, an early stage North American venture firm, according to a company press release on 7 January 2021. Significance: H...
    Michelin to slash up to 2,300 jobs in France over the next three years
    French tiremaker Michelin plans to cut up to 2,300 jobs in France over three years as part of a new simplification and competitiveness plan in the country, according to a report by Radio France Internationale on 6 January. According to the report, this action would not involve layoffs and plant clos...
    Blackstone Resources to raise USD31.5 million funding through convertible loan
    Blackstone Resources is set to raise CHF20 million (USD31.5 million) through a convertible loan facility agreement valid for three years, the company announced in a press release on 5 January. The first CHF2 million convertible loans has been purchased and have already been paid by two investors. Ad...
    GAC NIO JV raises USD372.3 million investment to develop smart connected vehicles
    GAC NIO New Energy Automotive Technology, a joint venture (JV) between major Chinese automaker Guangzhou Automobile Group and electric vehicle (EV) startup NIO has raised CNY2.4 billion (USD372.3 million) in funding, according to a report by Yicai Global on 6 January. Guangdong Zhutou Intelligent Te...
    Wenea to install over 470 EV charging stations in Spain
    Wenea is set to deploy over 470 fast and ultra-fast electric vehicle (EV) charging stations in Spain by the end of 2022, European Investment Bank (EIB) announced in a press release last month. EIB has invested EUR50 million (USD61 million) in Wenea for the deployment. The charging stations will...
    Hyundai Motor Group outlines strategic direction for 2021 and beyond
    The Hyundai Motor Group’s chairman, Euisun Chung, delivered the company’s strategic direction and commitments for the year 2021 and beyond. According to a press release issued by Hyundai on 4 January, the company will be reinforcing its progress in the area of automotive electrification, amongst...
    Mahindra & Mahindra’s December 2020 sales affected by supply shortage of semiconductors
    Mahindra & Mahindra’s (M&M) sales in December were affected by a semiconductor supply constraint, it said in a press release on 1 January. Its total vehicle sales dropped 10.3% to 35,187 vehicles. “Our overall sales have been affected due to the continuing supply chain challenges rela...
    Oxbotica raises USD47 million in Series B funding round
    UK-based automated driving software startup Oxbotica has completed Series B financing round raising USD47 million, the company said in a press release on 5 January. The funding round was participated by BGF, bp ventures, Halma, HostPlus, IP Group, Tencent, and Venture Science. The fresh capital...
    Tesla gets permit to import electric cars in Israel
    US-based electric car manufacturer, Tesla, has obtained a commercial import license from the Ministry of Transport of Israel. According to a report filed by Israeli business news publication Globes on 4 January, online sales of Tesla vehicles in Israel are expected to commence within a matter of day...
    BYTON enters into manufacturing partnership with Foxconn
    Mainland China-based BYTON has entered into a manufacturing partnership with technology company Foxconn to produce electric vehicles (EV), BYTON announced in a press release on 4 January. The two companies and Nanjing Development Zone have signed a strategic cooperation framework agreement today to ...
    Startup Uhnder raises USD45 million in Series C funding
    Radar technology startup Uhnder has raised USD45 million in Series C funding, the company announced in a press release last month. The round was led by Uhnder’s newest customer and partner, Sensata Technologies, with participation by new and existing investors. “We are pleased to see strong inve...
    Valeo testing Level 4 autonomy in Japan
    Valeo is testing level 4 autonomous driving technology in Japan, Nikkei Asia reported on 4 January. The trial includes a combination of 3D maps and data from communications between the vehicle and traffic lights. Valeo is assessing its lidar’s capability and reliability to achieve Level 4 autonomy...
    Workhorse wins order for 6,320 C-Series electric delivery vans from Pride Group Enterprises
    Workhorse Group Inc., a US-based company providing drone-integrated electric vehicles to the last-mile delivery sector, has received a purchase order for 6,320 C-Series all-electric delivery vehicles from Pride Group Enterprises, according to a company press release on 4 January 2021. Workhorse will...
    Segula Technologies joins InnoTherMS project
    France-based engineering firm, Segula Technologies, has announced that it has joined the InnoTherMS project. According to a press release issued by Segula on 8 December, the Franco-German research project, InnoTherMS, is working on designing an innovative thermal management system for electric vehic...
    XCMG and Tsingshan Group to invest USD843 million in NEV project
    Xuzhou Construction Machinery Group (XCMG) and Tsingshan Holding Group have agreed to together invest CNY5.5 billion (USD843 million) toward a new energy vehicle (NEV) project in mainland China, Reuters reported on 4 January citing a statement from XCMG. Under the project, the two companies wil...
    Mullen Technologies wins order for 1,500 all-electric MX-05 from Unlimited Electrical Contractors
    Mullen Technologies has won an order for 1,500 all-electric MX-05 from Unlimited Electrical Contractors (UEC) for United States market, the company announced in a press release on 30 December. Mullen Technologies and UEC have  entered definitive agreements for the purchase of up to 10,000 MX-05...
    Verizon, AWS extend 5G mobile edge computing platform to US cities Denver and Seattle
    Verizon has announced that its 5G mobile edge computing platform in partnership with Amazon Web Services (AWS) will be available in the cities of Denver and Seattle in the United States, according to a company press release on 28 December 2020. HARMAN is already using Verizon 5G Edge with AWS Wav...
    Exro Technologies completes validation on battery control system for EVs
    Exro Technologies has announced the completion of technology validation on its Battery Control System (BCS) for electric vehicles (EVs), according to a company press release dated 21 December. Exro says that BCS can expand the capabilities of batteries by enabling a greater depth of control on the c...
    Tesla opens largest Supercharging station in mainland China with 72 stalls
    Tesla has opened what it claims to be the largest Supercharging station in mainland China with 72 charging stalls, according to a report by CleanTechnica on 2 January. The new Tesla Supercharging station is located in downtown Shanghai. The new superchargers come with a charging capacity of 120 kW. ...
    Kandi enters strategic cooperation agreement with Agricultural Bank of China for supporting EV battery swapping
    Kandi Technologies Group, Inc. has entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China for electric vehicle (EV) battery swapping, according to a press release on 29 December 2020. The Agricultural Bank of China Hangzhou Branch will provide Kandi...
    Exro Technologies gets validation for its 100 Volt Coil Driver used in EVs
    Exro Technologies has completed the engineering validation on the 100 Volt Coil Driver for electric vehicles (EVs), according to a company press release on 20 November. The validation will enable Exro to commence delivering commercial products in the EV markets. The 100V Coil Driver will deliver nex...
    Hyundai to stop sales of Kona EV in South Korea
    Hit by mass recalls, Hyundai is planning to stop sales of the all-electric Kona EV in South Korea, Reuters reported on 18 December, citing local media. However, sales of the Kona EV are expected to continue in Europe. “We are reviewing various options as we prepare to launch the Ioniq 5 midsize cr...
    LG Energy Solutions signs MOU to build integrated EV battery plant in Indonesia
    LG Energy Solutions has signed a memorandum of understanding (MOU) with Indonesia to invest in an electric vehicle (EV) battery value chain in the country, Reuters reported on 30 December citing Bahlil Lahadalia, head of Indonesia’s Investment Coordinating Board. The total size of the investment d...
    MG Motor, Tata Power install EV fast charger in Indian state Tamil Nadu
    MG Motor and Tata Power together have installed a fast electric vehicle (EV) charger in Coimbatore in Tamil Nadu, India, Autocar Professional reported on 30 December. The 60 kW charger was opened at the local MG dealership. The public EV charging station has a CCS fast-charging socket. “Coimbatore...
    Vestas selects Enel X for EV charging services
    Vestas Wind Systems has signed an agreement with Enel X to accelerate the electrification of its corporate fleet, Enel X announced in a press release on 15 December. As per the agreement, Enel X will provide Vestas with the required charging infrastructure to electrify its corporate fleet across its...
    Lizhi to integrate in-car audio product in BYD’s DiLink intelligent system
    Lizhi has announced a partnership with BYD DiLink to integrate its in-car audio product in BYD’s DiLink intelligent system, a company press release read on 29 December read. The in-car audio product was launched on some BYD models earlier this month, including the new energy vehicle (NEV) models o...
    Great Wall Motor to use Qualcomm Snapdragon Ride platform to build intelligent driving system
    Qualcomm announced that Great Wall Motor has selected the Qualcomm Snapdragon Ride Platform to build its advanced intelligent driving system of high computing power, according to a company press release on 30 December. The GWM “Coffee Intelligence” system will be integrated in premium production...
    Chinese automaker SAIC registers premium EV brand Zhiji Motor
    Last month, Chinese automaker SAIC Motor partnered with Alibaba Group and Shanghai Zhangjiang Hi-Tech Development to establish a premium electric vehicle (EV) brand Zhiji Motor. The EV brand, which will operate as a startup, was formerly registered on 25 December in Pudong, Shanghai. Zh...
    Baidu receives first batch of licenses to test AVs in Chinese city Nanjing
    Baidu has secured its first batch of five permits to test autonomous vehicles (AVs) in Nanjing, Jiangsu province, mainland China, Yicai Global reported on 22 July. The company will test its Level 4 AVs, developed in collaboration with FAW’s Hongqi brand. The AVs can drive by themselves without hum...
    Chinese connected car specialist Ecarx opens headquarters in Sweden
    Geely-backed connected car specialist Ecarx has opened a headquarters in Gothenburg, Sweden, eeNews Europe reported on 29 December. Ecarx will look to build experienced research and development (R&D) and management teams. “Ecarx EU HQ and product development center is the second move of our...
    BMW wants every fifth car it sells to be EV by 2023, says CEO
    BMW is aiming for electric vehicles (EV) to be 20% of its total sales globally by 2023, Reuters reported on 27 December citing BMW’s CEO, Oliver Zipse quoted in German daily Augsburger Allgemeine. “We are significantly increasing the number of electric vehicles. Between 2021 and 2023, we will bu...
    Easycharger opens new EV charging station in Arévalo, Spain
    Easycharger has installed a new electric vehicle (EV) charging station in Arévalo, Spain, the company announced on its website on 29 December. Operational since October, the station is located at kilometer 124 of the A-6 and gets a 22-kW charger with a Type 2 socket, and two 50-kW chargers with CSS...
    FCA to invest USD204 million at Tychy plant in Poland to produce electrified vehicles
    Fiat Chrysler Automobiles (FCA) has planned to invest PLN755 million (approximately USD204.28 million) in its manufacturing facility located at Tychy in Poland. According to a report by motoring publication Automotive News Europe on 29 December, FCA stated that this investment will upgrade the Tychy...
    BYD’s JV wins order for 2,000 ride-hailing EV D1 from MEG
    Meihao Chuxing, a joint venture (JV) between BYD and Didi, has won an order for 2,000 units of model BYD D1 from Mobile Energy Global’s (MEG) Qingdao Medici for ride-hailing services, according to a press release by MEG on 28 December. The ride-hailing vehicles are intended for deployment in multi...
    SQM to supply lithium products to LG Energy from 2021
    Sociedad Química y Minera (SQM) has signed a long-term agreement to supply lithium products to LG Energy Solutions from 2021, the company announced in a press release on 22 December. The agreement is for eight years and will run till 2029. As part of the agreement, SQM will supply battery grad...
    Tesla to enter Indian market in 2021
    Tesla is planning to start its operations in India in 2021, according to a report by Reuters on 28 December citing media reports that quoted India’s transport minister Nitin Gadkari. Tesla is expected to begin with only sales and may look at manufacturing only at a later stage. Tesla’s Model 3 i...
    WM Motors partners with Enel X, Myoung Shin, for exporting EVs
    Mainland China-based WM Motors has partnered with Myoung Shin and Italian power company Enel X to export its electric vehicles (EVs) in various countries, Yicai Global reported on 23 December 2020. According to the report, WM Motors will start exporting the vehicles in the first quarter of...
    Chinese automaker GAC begins mass production of AION V electric SUV featuring 5G V2X technology
    Mainland Chinese OEM GAC has begun the mass production of its AION V electric SUV equipped with 5G and vehicle-to-everything (V2X) modules, Caijing.com reported on 25 December. The cars rolled off the assembly line from GAC Aian Smart Ecological Factory and is reportedly world's first mass-produced ...
    ABB to partner with AFC Energy to develop high power EV charging solution
    ABB has partnered with AFC energy to develop a high power electric vehicle (EV) charging solution designed for grid constrained locations, ABB announced in a press release on 16 December. The new solution will be ready for deployment initially in the United Kingdom, Europe, the United States and els...
    Electrify Canada opens two ultra-fast EV charging stations in Quebec
    Electrify Canada has announced that it has opened two ultra-fast electric vehicle (EV) charging stations at Quebec, according to a company press release on 17 December. The first station is at the Premium Outlets Montréal in Mirabel while the second one is about 150 km away at the Canadian Tir...
    Omni Design partners with imec to accelerate product development for 5G, AI, IOT and automotive markets
    Omni Design Technologies has announced a collaboration with imec to enable customers get their semiconductor products faster to market using Omni Design IP, according to a company press release on 14 December. “Customers are focused on the challenges and opportunities in the 5G, automotive, AI ...
    Akebono Brake announces organizational changes
    Japanese automotive braking components and systems supplier, Akebono Brake Industry Co., Ltd., has announced certain organizational and personnel changes that will come into effect on 1 January 2021. According to a press release issued by Akebono Brake on 24 December, the organizational changes will...
    Volkswagen phases out e-Golf production at Dresden plant in Germany
    The last unit of the Volkswagen e-Golf, the company’s first mainstream battery-electric production series vehicle, has rolled off the Volkswagen Transparent Factory in Dresden, Germany. According to a press release issued by Volkswagen on 23 December, this factory will be manufacturing the Volkswa...
    Teijin partners with SEMCORP to develop solvent-based coating separators for lithium-ion batteries
    Teijin Limited has signed a technical license agreement with Shanghai Energy New Materials Technology Co., Ltd. (SEMCORP) to manufacture solvent-based coating separators used in lithium-ion batteries for electric vehicles (EV) and other industries, the company announced in a press release on 22 Dece...
    Chery Automobile collaborates with Huawei to develop smart cars
    Chery Automobile has announced an agreement with Huawei Technologies under which the companies will collaborate in the fields of cloud computing, big data, and smart car solutions, a company press release on 16 December read. The companies will develop solutions for electrical and electronic arch...
    Canoo completes listing on NASDAQ after business combination with Hennessy Capital Acquisition
    Electric vehicle (EV) startup Canoo has completed listing on NASDAQ after business combination with Hennessy Capital Acquisition, the company announced in a press release on 22 December. The Business Combination was approved by Hennessy Capital Acquisition’s stockholders at a special meeting held ...
    Quectel partners with Qualcomm for smart connectivity in Hongqi E-HS9 vehicles
    Quectel Wireless Solutions has announced a partnership with Qualcomm Technologies under which the companies will support smart connectivity in Hongqi E-HS9 vehicles, according to a press release dated 18 December. The vehicles are currently equipped with the Quectel AG15 module integrated into the Q...
    WeRide raises USD200 million in new funding round from Chinese bus maker Yutong
    Autonomous driving technology startup WeRide has raised USD200 million in Series B1 funding from mainland Chinese bus maker Yutong, TechCrunch reported today (24 December). The mainland Chinese startup will collaborate with Yutong to make autonomous minibuses and city buses. The two partners wi...
    LeddarTech joins STMicroelectronics Partner Program to develop and promote lidar solutions
    LeddarTech has announced that it has joined the STMicroelectronics Partner Program to develop and promote lidar solutions, according to a company press release on 14 December. The lidar solutions are based on STMicroelectronics’ MEMS mirror-based laser beam scanning solutions and LeddarTech...
    Fastned opens fast EV charging park in Switzerland
    Netherlands-based electric vehicle (EV) charging network provider Fastned has announced the opening of a new fast-charging park for EVs in Switzerland. According to a report published by Electrive on 22 December, the company stated that this new site is located near Zurich and provides a c...
    Velodyne Lidar joins Qualcomm Smart Cities Accelerator Program
    Velodyne Lidar has announced that it has joined Qualcomm Smart Cities Accelerator Program to promote lidar technology in smart city solutions, according to a company press release on 21 December. Velodyne’s lidar sensors focus on areas such as pedestrian safety, vehicle traffic, parking space m...
    Lidar sensor startup Ouster announces merger agreement with Colonnade Acquisition Corp
    Ouster has announced a definitive merger agreement with special-purpose acquisition company Colonnade Acquisition, according to a press release on 22 December. The combined company will operate as Ouster and will be listed on the New York Stock Exchange (NYSE). The business combination values Ous...
    PowerCell Sweden receives new order from Bosch for fuel-cell stacks
    PowerCell Sweden AB has received an order for its S3 fuel-cell stacks from Bosch, which will be delivered during the first half of 2021. According to a press release issued by PowerCell on 21 December, the company stated that this order has a total value of around SEK17.9 million (approximately EUR1...
    Bolt Technology commits USD333,866 to expand EV charging infrastructure in London
    Bolt Technology has committed GBP250,000 (approximately USD333,866) to improve electric vehicle (EV) infrastructure in London. According to a press release issued by Bolt on 8 December, this is being done as part of the next phase of the company’s Green Plan to expedite the adoption of EVs. Bol...
    Toyota presents e-Palette for autonomous MaaS applications
    Toyota has announced its e-Palette, which is a battery-electric vehicle (BEV) for autonomous mobility as a service (Autono-MaaS) applications, the automaker said in a press release on 22 December. The e-Palette, which features automated driving functions, made its debut at the Tokyo Motor Show in 20...
    LeddarTech joins Renesas R-Car Consortium
    LeddarTech has joined the R-Car Consortium, the company said in a press release on 17 December. This will lead to a collaboration between LeddarTech and Renesas to develop an automotive advanced driver assistance systems (ADAS) reference platform. The platform will combine LeddarTech’s raw data se...
    US-based startup Group14 Technologies raises USD17 million in Series B round
    Group14 Technologies, a provider of silicon-carbon composite materials for lithium-ion (Li-ion) markets, has raised USD17 million in Series B funding, according to a company press release on 21 December 2020. The round was led by SK materials, a manufacturer of special gases and industrial gases, wi...
    Cerence gets funding from German government to develop automotive assistants
    Cerence has announced that it has received funding from Germany’s Federal Ministry for Economic Affairs and Energy to develop automotive assistants for autonomous vehicles, according to a company press release on 21 December. Cerence has signed on as a member of the Empathetic Human-Machine Int...
    Robert Bosch Venture Capitals invests in US-based startup Arris
    Robert Bosch Venture Capital (RBVC), the corporate venture capital unit of German supplier Bosch, has invested in Arris, a California-based manufacturing tech pioneer enabling the use of high-performance composites in mass-market products, Arris announced in a press release on 17 December 2020. The ...
    Nexar joins Automotive Edge Computing Consortium
    The Automotive Edge Computing Consortium (AECC) has announced that Nexar, a vision-based software company, has joined the organization as a member, the press release said on 17 December. By collaborating with the AECC and its members, Nexar will ensure that new technologies and standards meet the co...
    TTTech Auto receives USD36.7 million funding from EIB
    Austria-based TTTech Auto has received EUR30 million (USD36.7 million) funding for further growth from the European Investment Bank (EIB), according to a press release on 17 December on the website of EIB. The EU bank financing is being provided under the Investment Plan for Europe. The EIB loan, su...
    Tesla begins production of Model Y at Shanghai Gigafactory
    Tesla has begun production of its Model Y electric vehicle (EV) at its Gigafactory Shanghai in China ahead of schedule, according to a report by electrive.com on 18 December. According to various media reports, the EV Maker had hinted that the production of the Model Y at its Gigafactory 3 in Shangh...
    Jaguar Land Rover’s VC arm InMotion invests in blockchain technology firm Circulor
    Jaguar Land Rover’s (JLR’s) venture capital and mobility services arm, InMotion, has invested in blockchain technology firm Circulor, the company announced in a press release on 15 December. Through this partnership, JLR plans to source premium materials with greater transparency. “This invest...
    NIO to offer 68 million American Depositary Shares at USD39 per share
    NIO has announced that it will offer 68 million American Depositary Shares (ADS) at a price of USD39 per share, according to a company press release on 14 December. The company has granted the underwriters in the ADS offering a 30-day option to purchase up to an additional 10.2 million ADS.  ...
    Toyota to launch 10 EVs in Indonesia over next five years
    Japanese carmaker Toyota is planning to launch 10 types of electric vehicles (EVs) in Indonesia over the next five years. According to a report filed by Indonesian news publication Jakarta Globe on 8 December, the company will be doing this as part of a USD2 billion investment pledge that ...
    MG Motors partners with TES-AMM for EV battery recycling in India
    MG Motor India has partnered with TES-AMM for recycling of its MG ZS electric vehicle (EV) batteries, the automaker said in a press release on 14 December. TES-AMM is an e-waste recycling and management company. “At MG, we are on a mission to develop a comprehensive EV ecosystem that supports I...
    NIO, State Grid partner to set up EV charging, battery swapping stations in mainland China
    Chinese electric vehicle (EV) startup NIO has teamed up with a unit of China’s State Grid to build 100 EV charging and battery swapping stations nationwide by the end of next year, Yicai Global reported on 14 December. To this end, NIO has signed a cooperative framework agreement with State Grid E...
    SiriusXM extends multiyear partnership with Mazda Canada
    SiriusXM Canada announced a multi-year agreement with Mazda Canada to extend the ongoing partnership, according to a company press release on 14 December. Customers will get a complimentary 3-month SiriusXM All Access trial subscription with the purchase of a new or certified pre-owned equipped c...
    BASF, Eramet to jointly assess development of nickel-cobalt refining complex
    BASF and Eramet have entered into an agreement to jointly assess the development of a nickel and cobalt hydrometallurgical refining complex, BASF announced in a press release on 15 December. The plan includes a High-Pressure Acid Leaching (HPAL) plant and a Base Metal Refinery (BMR). The HPAL would ...
    General Motors to continue supporting Chinese JV SAIC-GM-Wuling in NEV development
    In a press release dated 14 December, General Motors (GM) has announced that it will continue to fully support its SAIC-GM-Wuling (SGMW) joint venture’s innovation and development of new energy vehicles (NEVs). The company also said that it will introduce its Ultium EV platform in mainland China t...
    Next.e.GO Mobile to start EV production in 2021 in Germany
    Next.e.Go Mobile is set to start series production of its e.GO Life platform, in Germany from 2021, the company announced in a press release on 16 December. In addition, Next.e.GO Mobile SE has successfully teamed up with a large OEM for a carbon dioxide (CO2) pool. Next.e.Go Mobile also announced t...
    Bosch expects market for vehicle computers to grow at 15% annually over next 10 years
    Bosch said in a press statement on 16 December that it expects the vehicle computer market to grow 15% annually till 2030. The tier-1 supplier has received multibillion euros worth of orders for its vehicle computers, with around EUR2.5 billion since last summer. The company says that while its v...
    ACMA continues to assess impact of semiconductors shortage on vehicle production
    Indian auto components industry body ACMA said that it uncertain about the extent of the semiconductor supply shortage and the impact it would have on vehicle production, PTI reported on 12 December. “ACMA is keenly watching the situation as it unfolds. It is still not clear as to what extent a...
    Continental present realigned strategy; aims mid-term organic growth of 5–8%
    Continental presented its realigned strategy as parts of its virtual ‘Capital Market Days 2020,’ held between 8 to 16 December 2020, the company said in a press release. As part of the realigned strategy, the Germany based supplier aims to achieve annual organic growth of around 5 to 8% on avera...
    FCA to set up global digital hub in Hyderabad, India
    Fiat Chrysler Automobiles (FCA) will invest USD150 million to set up a new global digital hub in the southern city of Hyderabad in India, Money Control reported on 16 December. The facility is expected to create 1000 new jobs by the end of 2021 and there are plans to increase hiring over the next tw...
    FCA partners with NewMotion for EV charging service in 12 European countries
    Fiat Chrysler Automobiles (FCA) and NewMotion, a European smart charging solutions provider, have partnered to support FCA’s business customers’ transition to electric mobility, according to a press release by NewMotion on16 December 2020. Under the partnership, FCA’s business customers will r...
    BASF becomes preferred supplier of paint related products to BMW
    BMW has selected BASF as a preferred partner for the sales of paint related products (PRP) for BMW global refinish network for the next two years, BASF announced in a press release on 7 December. Glasurit and R-M continue to be recommended for refinish paint repairs of BMW and MINI cars at all BMW a...
    Motional, Lyft enter agreement to launch robotaxi service in major US cities beginning 2023
    Motional, the autonomous driving joint venture (JV) between Hyundai Motor Group and Aptiv, has entered into an agreement to launch a multimarket robotaxi service in major US cities, beginning in 2023, the company said in a press release on 16 December. The company’s next-generation fully autonomou...
    Bureau Veritas launches testing and certification solution for EV charging stations
    Bureau Veritas has launched a special service, ‘ChargeScan’, for the complete electric vehicle charging station (EVCS) testing and certification, the company announced in a press release on 11 December. The service covers the entire life cycle from design, construction, commissioning to ope...
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