To drive battery production localization, Toyota Motor North America also announced today that it will establish a new company and build an automotive battery plant together with Toyota Tsusho in the U.S. Aiming to start production in 2025, the project includes an investment of approximately $1.29 billion until 2031, which includes funds that will be… Continue reading Toyota Charges into Electrified Future in the U.S. with 10-year, $3.4 billion Investment
Author: PR Newswire Online News
HiPhi X Super SUV Tops Domestic Premium EV Sales for September
Starting from RMB 570,000, the HiPhi X falls under the premium electric vehicle segment, which is defined by selling price over RMB 500,000. For the month of September, sales of HiPhi X increased by 36.7% to 641 units, surpassing Porsche‘s Taycan which sold 585 units. This increase of sales secured HiPhi X as the most… Continue reading HiPhi X Super SUV Tops Domestic Premium EV Sales for September
Battery Startup Our Next Energy (ONE) Closes Series A Led by Breakthrough Energy Ventures
Michigan based battery startup Our Next Energy (ONE) closes Series A Led by Breakthrough Energy Ventures Tweet this “Mujeeb and his team at ONE have cracked the code for building long-range batteries that not only push energy density levels but also cost barriers,” said Carmichael Roberts, Breakthrough Energy Ventures. “This is the type of battery… Continue reading Battery Startup Our Next Energy (ONE) Closes Series A Led by Breakthrough Energy Ventures
WeRide unveils China’s first Level 4 self-driving cargo van, WeRide Robovan in cooperation with Jiangling Motors and ZTO Express for smart urban logistics
Today, Tony Han, the Founder and CEO of WeRide, signed a strategic cooperation agreement with Wenhui Jin, Executive Vice President of JMC and Renqun Jin, Vice President of ZTO Express during WeRide’s latest web live Press Conference “The Next”. Combining the three companies’ expertise in technology, product innovation and commercialization, they will jointly undertake Robovan’s… Continue reading WeRide unveils China’s first Level 4 self-driving cargo van, WeRide Robovan in cooperation with Jiangling Motors and ZTO Express for smart urban logistics
Lucid Announces Canadian Pricing for Luxury EV Lineup, with Lucid Air Starting at $105,000 CAD; Opens First Canadian Studio Location, in Vancouver
Lucid also announced that its newest retail location – the Lucid Studio at CF Pacific Centre in Vancouver, B.C. – will open its doors to customers on Saturday, October 16. While at the Lucid Studio, visitors can experience the Lucid Air and learn more about the full lineup. This location, the 10th in a growing… Continue reading Lucid Announces Canadian Pricing for Luxury EV Lineup, with Lucid Air Starting at $105,000 CAD; Opens First Canadian Studio Location, in Vancouver
Ford Honors Veoneer at 23rd Annual World Excellence Awards
STOCKHOLM, Oct. 15, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), has been recognized as a top-performing global supplier at the 23rd annual Ford World Excellence Awards. Veoneer was announced as a Create Must-Have Products winner today at Ford Motor Company’s virtual event. “We are honored for receiving Ford’s Create… Continue reading Ford Honors Veoneer at 23rd Annual World Excellence Awards
Lucid Announces Extension Of Redemption Date For Its Public Warrants
NEWARK, Calif., Oct. 14, 2021 /PRNewswire/ — Lucid Group, Inc. (the “Company”), which is setting new standards with its advanced luxury EVs, today announced that it is extending the redemption date of its public warrants (the “Public Warrants”) until 5:00 p.m. Eastern Time on October 29, 2021 (the “New Redemption Date”) to allow holders of Public… Continue reading Lucid Announces Extension Of Redemption Date For Its Public Warrants
VinFast Announces Global Premiere Of Its New EVs At The 2021 Los Angeles Auto Show
VinFast is proud to be the only EV brand representing Vietnam to attend the 2021 LA Auto Show from November 19 to 28, 2021. At this year’s LA Auto Show, VinFast will introduce the VF e35 and VF e36 electric SUV models in the respective D & E market segments. These two EVs integrate ADAS… Continue reading VinFast Announces Global Premiere Of Its New EVs At The 2021 Los Angeles Auto Show
First-Ever Vietnamese Automaker VinFast Selects LA Auto Show® to Enter the North American Market
LOS ANGELES, Oct. 14, 2021 /PRNewswire/ — The Los Angeles Auto Show® (LA Auto Show®), the leading auto and lifestyle in-person event, announced today that VinFast—Vietnam’s first global automaker—will launch its brand and products at AutoMobility LA®. Following LA Auto Show’s annual industry and media gathering, the public will have an opportunity to discover and experience… Continue reading First-Ever Vietnamese Automaker VinFast Selects LA Auto Show® to Enter the North American Market
Pagani and Asetek Pen SimSports Licensing Deal
AALBORG, Denmark, Oct. 14, 2021 /PRNewswire/ — Asetek, the global leader in liquid cooling and gaming peripherals, announced that Pagani Automobili and Asetek have signed a licensing, marketing, and product deal for a number of Asetek’s upcoming products within the premium racing simulator market. Soon the most passionate simracers and car enthusiasts will be able… Continue reading Pagani and Asetek Pen SimSports Licensing Deal