UPDATE 1-Panasonic to invest $700 million to produce Tesla EV battery -Nikkei

Attendees look over a Tesla Model X powered by Panasonic batteries at the Las Vegas Convention Center during the 2018 CES in Las Vegas, Nevada, U.S. January 9, 2018. REUTERS/Steve Marcus Register now for FREE unlimited access to Reuters.com Register TOKYO, Jan 24 (Reuters) – Japan’s Panasonic (6752.T) will begin producing its new lithium-ion battery… Continue reading UPDATE 1-Panasonic to invest $700 million to produce Tesla EV battery -Nikkei

Toyota says its Tianjin joint venture resumed production on Jan 22

People walk under a logo of Toyota Motor Corp at the company’s showroom in Tokyo, Japan, May 8, 2015. REUTERS/Yuya Shino SHANGHAI, Jan 24 (Reuters) – Toyota (7203.T) said operations at its joint venture complex in the eastern Chinese city of Tianjin resumed operations on Saturday after measures to curb the spread of COVID-19 prompted… Continue reading Toyota says its Tianjin joint venture resumed production on Jan 22

Temasek to acquire Bridgepoint’s UK-based testing firm for $7 bln -sources

A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Jan 24 (Reuters) – Singapore’s Temasek Holdings has agreed to buy Element Materials Technology (BPTB.L) for about $7 billion, as it sees an opportunity to boost growth at… Continue reading Temasek to acquire Bridgepoint’s UK-based testing firm for $7 bln -sources

Autos & TransportationBritishvolt signs agreement to develop high-nickel EV batteriesElectric vehicle (EV) battery startup Britishvolt said on Monday …

LONDON, Jan 24 (Reuters) – Electric vehicle (EV) battery startup Britishvolt said on Monday it has signed an agreement with a UK government-backed research facility to develop batteries with high nickel content and more energy-dense materials as it gears up for mass production. Demand for nickel is expected to jump over the next decade as… Continue reading Autos & TransportationBritishvolt signs agreement to develop high-nickel EV batteriesElectric vehicle (EV) battery startup Britishvolt said on Monday …

GM sets $6.5 bln for in Michigan electric vehicle plants -document, sources

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.REUTERS/Rebecca Cook/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON/DETROIT Jan 21 (Reuters) – General Motors and a joint venture with LG Energy Solution (051910.KS) are to set announce investments of more… Continue reading GM sets $6.5 bln for in Michigan electric vehicle plants -document, sources

Sony seeks new partners for transformative EV project -executive

Sony seeks partners to make cars into entertainment spaces Transformation of cars similar to rise of smartphones TOKYO, Jan 21 (Reuters) – Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony… Continue reading Sony seeks new partners for transformative EV project -executive

UPDATE 1-U.S. lawmakers call Tesla expansion in Xinjiang ‘misguided’

The Tesla logo is seen on a car at Tesla Motors’ new showroom in Manhattan’s Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Jan 20 (Reuters) – The chairmen of two congressional panels on oversight and trade on Thursday assailed Tesla’s… Continue reading UPDATE 1-U.S. lawmakers call Tesla expansion in Xinjiang ‘misguided’

Mercedes-Benz teams up with Luminar on self-driving tech

The Mercedes-Benz logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. REUTERS/Ralph Orlowski/File Photo Register now for FREE unlimited access to Reuters.com Register San Francisco, Jan 20 (Reuters) – Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc (LAZR.O) to enable fully automated driving on… Continue reading Mercedes-Benz teams up with Luminar on self-driving tech

Toyota to curb more production in Japan as COVID spreads

The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song TOKYO, Jan 20 (Reuters) – Toyota Motor Corp (7203.T) is slowing production at as many as 11 plants in Japan because of rising COVID-19 infections among its workers and those… Continue reading Toyota to curb more production in Japan as COVID spreads

AI software startup 6sense valued at $5.2 bln after SoftBank joins funding roundU.S. Markets · January 20, 2022 · 3:05 PM UTCArtificial intelligence-d…

Jan 20 (Reuters) – Artificial intelligence-driven software startup 6sense said on Thursday it was valued at $5.2 billion after a late-stage funding round that included SoftBank Vision Fund 2 and Tiger Global as new investors. The San Francisco-based company, which helps enterprises grow their revenue and customer engagement by analyzing sales and marketing data, was… Continue reading AI software startup 6sense valued at $5.2 bln after SoftBank joins funding roundU.S. Markets · January 20, 2022 · 3:05 PM UTCArtificial intelligence-d…