People walk past a WeRide autonomous driving robobus near its office in Guangzhou, Guangdong province, China May 11, 2021. Picture taken May 11, 2021. REUTERS/Yilei Sun BEIJING, Sept 9 (Reuters) – WeRide, a China-based autonomous driving startup, said on Thursday that it would start developing self-driving vans for urban logistics service, with automaker JMC (000550.SZ)… Continue reading DisruptedNissan-backed Chinese startup WeRide develops self-driving vans6:43 AM UTC
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Tesla plans to begin trading solar, wind and battery storage energy
The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs Sept 8 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) is looking to staff an energy trading team to support its battery and renewable power projects, according to Tesla’s website and an employee post on the… Continue reading Tesla plans to begin trading solar, wind and battery storage energy
Business · 8:12 AM UTCJPMorgan to buy majority stake in Volkswagen’s payments businessJPMorgan has struck a deal to buy a majority stake in German car…
Workers are reflected in the windows of the Canary Wharf offices of JP Morgan in London September 19, 2013. REUTERS/Neil Hall LONDON, Sept 8 (Reuters) – JPMorgan (JPM.N) has struck a deal to buy a majority stake in German car giant Volkswagen’s (VOWG_p.DE) payments business ahead of a planned rollout of in-car technology that allows… Continue reading Business · 8:12 AM UTCJPMorgan to buy majority stake in Volkswagen’s payments businessJPMorgan has struck a deal to buy a majority stake in German car…
Autos & Transportation · September 7, 2021 · 10:56 PM UTCVolkswagen to set up venture capital fund in decarbonization pushVolkswagen AG said on Tuesda…
Volkswagen AG CEO Dr. Herbert Diess speaks at a news conference in New York City, New York, U.S., July 12, 2019. REUTERS/Mike Segar Sept 7 (Reuters) – Volkswagen AG (VOWG.DE) said on Tuesday it planned to set up a venture capital fund, which would initially invest 300 million euros ($355.14 million) in decarbonization projects and… Continue reading Autos & Transportation · September 7, 2021 · 10:56 PM UTCVolkswagen to set up venture capital fund in decarbonization pushVolkswagen AG said on Tuesda…
Autos & TransportationIntel to invest up to 80 bln euros in boosting EU chip capacity-CEO4:30 PM UTC
Intel CEO Pat Gelsinger attends an international business leaders’ meeting in Versailles, France June 28, 2021.Stephane de Sakutin/Pool via REUTERS/File Photo Sept 7 (Reuters) – Intel Corp (INTC.O) on Tuesday said it could invest as much as 80 billion euros in Europe over the next decade to boost the region’s chip capacity and will open… Continue reading Autos & TransportationIntel to invest up to 80 bln euros in boosting EU chip capacity-CEO4:30 PM UTC
Autos & TransportationThe money is there, Volkswagen CEO says of planned battery cell push11:23 AM UTC
Volkswagen Group Chief Executive Officer Herbert Diess gestures as he speaks during a news conference in Barcelona, Spain September 23, 2020. REUTERS/Albert Gea/File Photo MUNICH, Sept 7 (Reuters) – Volkswagen (VOWG_p.DE) is optimistic that there are sufficient funds, internal or external, to pull off its ambitious plan to build six large battery factories across Europe… Continue reading Autos & TransportationThe money is there, Volkswagen CEO says of planned battery cell push11:23 AM UTC
Autos & Transportation · 8:38 AM UTCToyota to spend $13.5 bln to develop EV battery tech and supply by 2030Toyota Motor Corp (7203.T) said on Tuesday …
Employees walk at the Toyota Motor Corp new plant in Apaseo El Grande in Mexico’s central state of Guanajuato, Mexico February 6, 2020. REUTERS/Sergio Maldonado TOKYO, Sept 7 (Reuters) – Toyota Motor Corp (7203.T) said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system… Continue reading Autos & Transportation · 8:38 AM UTCToyota to spend $13.5 bln to develop EV battery tech and supply by 2030Toyota Motor Corp (7203.T) said on Tuesday …
Autos & Transportation · 4:49 AM UTCBritish sportscar maker Lotus plans China sales expansion to take on PorscheBritish sportscar maker Lotus plans to…
A Lotus sign is seen at the car plant headquarters in Hethel, Britain June 23, 2021. Picture taken June 23, 2021. REUTERS/Dylan Martinez/File Photo BEIJING, Sept 7 (Reuters) – British sportscar maker Lotus plans to open up to 70 showrooms in China by 2024 and start production at its new Wuhan factory next year to… Continue reading Autos & Transportation · 4:49 AM UTCBritish sportscar maker Lotus plans China sales expansion to take on PorscheBritish sportscar maker Lotus plans to…
Daimler doesn’t see long-term electric vehicle goals hit by chip shortage
MUNICH, Sept 6 (Reuters) – Daimler (DAIGn.DE) does not believe its long-term electric vehicle goals will be affected by a shortage in semiconductors, board member Britta Seeger said on Monday. Ola Kaellenius, chairman of Daimler AG, speaks during the presentation of the EQE ahead of the Munich Motor Show IAA Mobility 2021 in Munich, Germany,… Continue reading Daimler doesn’t see long-term electric vehicle goals hit by chip shortage
Daimler says supply chain relatively stable – except for chips
By Reuters Staff 1 Min Read MUNICH, Sept 6 (Reuters) – Daimler said on Monday that its supply chain was relatively stable, barring issues with deliveries of semiconductor chips that have disrupted production at a number of carmakers. “We don’t see too much instability,” Joerg Burzer, head of supply chain at Daimler’s carmaking unit Mercedes-Benz,… Continue reading Daimler says supply chain relatively stable – except for chips