Lucid Motors nears SPAC deal as Klein launches financing

By Joshua Franklin and Anirban SenLuxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday. The merger between Lucid and… Continue reading Lucid Motors nears SPAC deal as Klein launches financing

Ford sells stake in Velodyne, a maker of autonomous-car sensors

Ford Motor Co. has sold off its stake in Velodyne Lidar Inc., a leading maker of sensors being used in the development of self-driving cars. Ford, which invested $75 million in Velodyne in 2016, no longer held any shares as of the end of last year, according to a regulatory filing. The automaker held almost… Continue reading Ford sells stake in Velodyne, a maker of autonomous-car sensors

German FAZ: Toyota shakes off the semiconductor shortage000925

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German FAZ: VW criticizes its suppliers for lack of chips000926

‘,e.appendChild(e.resizeSensor),e.resizeSensor.offsetParent!==e&&(e.style.position=”relative”);var r,s,d,a,l=e.resizeSensor.childNodes[0],c=l.childNodes[0],u=e.resizeSensor.childNodes[1],h=e.offsetWidth,f=e.offsetHeight,m=function(){c.style.width=”100000px”,c.style.height=”100000px”,l.scrollLeft=1e5,l.scrollTop=1e5,u.scrollLeft=1e5,u.scrollTop=1e5};m();var p=function(){s=0,r&&(h=d,f=a,e.resizedAttached&&e.resizedAttached.call())},v=function(){d=e.offsetWidth,a=e.offsetHeight,(r=d!=h||a!=f)&&!s&&(s=t(p)),m()},y=function(e,t,n){e.attachEvent?e.attachEvent(“on”+t,n):e.addEventListener(t,n)};y(l,”scroll”,v),y(u,”scroll”,v)}}(e,o)}),this.detach=function(e){n.detach(i,e)}};return n.detach=function(t,n){e(t,function(e){e&&(e.resizedAttached&&”function”==typeof n&&(e.resizedAttached.remove(n),e.resizedAttached.length())||e.resizeSensor&&(e.contains(e.resizeSensor)&&e.removeChild(e.resizeSensor),delete e.resizeSensor,delete e.resizedAttached))})},n}),function(e,t){“function”==typeof define&&define.amd?define([“./ResizeSensor.js”],t):”object”==typeof exports?module.exports=t(require(“./ResizeSensor.js”)):(e.ElementQueries=t(e.ResizeSensor),e.ElementQueries.listen())}(“undefined”!=typeof window?window:this,function(e){var t=function(){function n(e){e||(e=document.documentElement);var t=window.getComputedStyle(e,null).fontSize;return parseFloat(t)||16}function i(e,t){var i=t.split(/d/),o=i[i.length-1];switch(t=parseFloat(t),o){case”px”:return t;case”em”:return t*n(e);case”rem”:return t*n();case”vw”:return t*document.documentElement.clientWidth/100;case”vh”:return t*document.documentElement.clientHeight/100;case”vmin”:case”vmax”:var r=document.documentElement.clientWidth/100,s=document.documentElement.clientHeight/100;return t*(0,Math[“vmin”===o?”min”:”max”])(r,s);default:return t}}function o(t,n){t.elementQueriesSetupInformation?t.elementQueriesSetupInformation.addOption(n):(t.elementQueriesSetupInformation=new function(e){this.element=e,this.options={};var t,n,o,r,s,d,a,l=0,c=0;this.addOption=function(e){var t=[e.mode,e.property,e.value].join(“,”);this.options[t]=e};var u=[“min-width”,”min-height”,”max-width”,”max-height”];this.call=function(){for(t in l=this.element.offsetWidth,c=this.element.offsetHeight,s={},this.options)this.options.hasOwnProperty(t)&&(n=this.options[t],o=i(this.element,n.value),r=”width”==n.property?l:c,a=n.mode+”-“+n.property,d=””,”min”!=n.mode||o>r||(d+=n.value),”max”!=n.mode||r>o||(d+=n.value),s[a]||(s[a]=””),d&&-1===(” “+s[a]+” “).indexOf(” “+d+” “)&&(s[a]+=” “+d));for(var e in u)u.hasOwnProperty(e)&&(s[u[e]]?this.element.setAttribute(u[e],s[u[e]].substr(1)):this.element.removeAttribute(u[e]))}}(t),t.elementQueriesSetupInformation.addOption(n),t.elementQueriesSensor=new e(t,function(){t.elementQueriesSetupInformation.call()})),t.elementQueriesSetupInformation.call(),l&&c.indexOf(t)o[e].minWidth&&(n=e);if(n||(n=s),d!=n)if(a[n])i[d].style.display=”none”,i[n].style.display=”block”,d=n;else{var l=new Image;l.onload=function(){i[n].src=r[n],i[d].style.display=”none”,i[n].style.display=”block”,a[n]=!0,d=n},l.src=r[n]}else i[n].src=r[n]}var i=[],o=[],r=[],s=0,d=-1,a=[];for(var u in t.children)if(t.children.hasOwnProperty(u)&&t.children[u].tagName&&”img”===t.children[u].tagName.toLowerCase()){i.push(t.children[u]);var h=t.children[u].getAttribute(“min-width”)||t.children[u].getAttribute(“data-min-width”),f=t.children[u].getAttribute(“data-src”)||t.children[u].getAttribute(“url”);r.push(f);var m={minWidth:h};o.push(m),h?t.children[u].style.display=”none”:(s=i.length-1,t.children[u].style.display=”block”)}d=s,t.resizeSensor=new e(t,n),n(),l&&c.push(t)}function d(e){var t,n,i,o,r,s;for(e=e.replace(/’/g,’”‘);null!==(t=h.exec(e));)for(n=t[1]+t[3],attrs=t[2];null!==(attrMatch=f.exec(attrs));)i=n,o=attrMatch[1],r=attrMatch[2],s=attrMatch[3],void 0===u[o]&&(u[o]={}),void 0===u[o][r]&&(u[o][r]={}),void 0===u[o][r][s]?u[o][r][s]=i:u[o][r][s]+=”,”+i}function… Continue reading German FAZ: VW criticizes its suppliers for lack of chips000926

EVgo makes more of its fast charging network available to Tesla drivers

In December 2019, public fast charging network EVgo, in collaboration with Tesla, began installing the automaker’s proprietary connector at its DC fast charging stations around the country (Tesla drivers can use CHAdeMO or CCS plugs, but they need a bulky and pricey adapter, and a CCS adapter only recently became available in the US). Now… Continue reading EVgo makes more of its fast charging network available to Tesla drivers

Ampere Electric to invest INR 700 crore in EV manufacturing plant in Tamil Nadu

New Delhi: Ampere Electric, the wholly-owned electric mobility subsidiary of Greaves Cotton Ltd, on Tuesday announced a phased investment potential of INR 700 crore over 10 years to set up an e-mobility manufacturing plant in Ranipet, Tamil Nadu. The company signed a Memorandum of Understanding (MoU) with Tamil Nadu for the proposed Ranipet manufacturing plant… Continue reading Ampere Electric to invest INR 700 crore in EV manufacturing plant in Tamil Nadu

Toyota halts half of Japan production lines after powerful quake

TOKYO — Toyota Motor will halt production at 14 Japanese assembly lines for up to four days through Saturday, after a weekend earthquake in northeastern Japan disrupted operations at the automaker’s suppliers. The suspension begins as early as Wednesday and affects half of Toyota’s 28 lines at nine factories nationwide, including subsidiaries such as Hino… Continue reading Toyota halts half of Japan production lines after powerful quake