The share price of South Korean electric vehicle battery maker LG Chem plunged this week after the recall of General Motors’ Chevrolet Bolt cars. In July, GM recalled about 69,000 Bolt cars from model years 2017 through 2019. In February, South Korean automaker Hyundai Motor also recalled about 82,000 electric vehicles, at an estimated cost… Continue reading World NM: LG Chem shares fall due to Chevy Volt recall001517
Author: World_Newz Mon
World NM: Kia workers OK wage deal without strike for 1st time in 10 years001516
Unionized workers at Kia Corp., South Korea’s second-biggest carmaker, voted Friday to accept the company’s wage proposals without a strike for the first time in a decade. It is the first time for Kia to sign a wage deal without industrial actions. Go to Source
World NM: Addionics hopes to transform electric vehicle sector with smart 3D batteries001515
Global electric vehicle (EV) sales may be on the rise, with Tesla leading the charge as the dominant player in the sector, but the EV market is still quite small. As automakers make significant progress toward rolling out more EVs in the coming decade, a move that is expected to transform the transportation sector and… Continue reading World NM: Addionics hopes to transform electric vehicle sector with smart 3D batteries001515
World NM: Arjuna Awardee Deepa Malik to voice personal AI assistant in MG Astor001514
MG Motor India aims to deliver a unique voice experience with a personal AI assistant in the upcoming MG Astor SUV. The British automaker announced that the voice would be powered by Paralympic athlete and Khel Ratna Awardee Dr. Deepa Malik. The MG Astor will be the first vehicle in its class to be equipped… Continue reading World NM: Arjuna Awardee Deepa Malik to voice personal AI assistant in MG Astor001514
World NM: Amid global shortage, Samsung to invest $205B in semiconductors, AI001513
Samsung announced this week that it will invest $205 billion over the next three years in semiconductors, artificial intelligence and other areas. Samsung did not reveal how much it will spend on each area, but it is expected that a substantial part of the investment will be directed to semiconductors. Go to Source
World NM: ‘Not just minimise but eliminate’ — India tells its automakers to cut imports from China001512
India is urging local carmakers to curb imports of electric-vehicle components and other automotive parts from China as Asia’s third-largest economy seeks to reshape its supply chains. The Covid-19 pandemic and global trade tensions with China have intensified the need for countries around the world to move manufacturing bases out of the country to reduce… Continue reading World NM: ‘Not just minimise but eliminate’ — India tells its automakers to cut imports from China001512
World NM: Toyota Corolla Cumulative Sales Have Surpassed the 50 Millionth Mark001508
Have a wild guess which is the best-selling automobile in the world. That would be the Corolla, which has moved in excess of 50,000,000 examples of the breed since the E10 was introduced in Japan back in November ‘66. Very small even by the standards of the day, the first-generation … (continue reading…) Go to… Continue reading World NM: Toyota Corolla Cumulative Sales Have Surpassed the 50 Millionth Mark001508
World NM: Audi to focus strictly on EVs, phase out internal combustion powered vehicles by 2033001510
In a bid to be a sustainable, social, and technological leader by 2030, Audi announced its plan to focus entirely on manufacturing electric vehicles starting in 2026, and build a self-sustainable ecosystem around it. Audi will start production of its final combustion engine model in 2025, and with a firm date now set for the… Continue reading World NM: Audi to focus strictly on EVs, phase out internal combustion powered vehicles by 2033001510
World NM: Vedanta Foundation announced the opening of 100 new livelihood linked skill training centers across India001509
The newly established centres, also known as Rojgar centres, will be in addition to its current 170 centres functional across India. With this intent, the Foundation is working closely with the industry to map possible employment opportunities in each of the Rojgaar centres. Other than this, the Foundation is also planning to coordinate with Vedanta’s… Continue reading World NM: Vedanta Foundation announced the opening of 100 new livelihood linked skill training centers across India001509
World NM: China needs to accelerate localization of auto chips, industry report says001508
Chip supply shortage has become increasingly a crucial problem for the entire automotive sector, and the country should put more efforts into supporting localization of auto chips. Auto chips is an important part relating to core competitiveness for the automotive sector, as well as a key basis for building China into a powerful nation in… Continue reading World NM: China needs to accelerate localization of auto chips, industry report says001508