TOKYO — Ford Motor was once the model of a vertically integrated company, handling everything from growing timber to assembly finished vehicles in Michigan. Fast forward 100 years and the current auto industry is completely different — dependent on supply chains that sprawl across the planet and myriad industries. But as supply chains become more complex, so has their… Continue reading Blockchain to help automakers tame tangled chip supplies
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New Lynk&Co Zero electric coupe-SUV begin testing
The new Lynk&Co Zero, an electric coupé-SUV built on a new dedicated EV architecture set to underpin future Volvo models, has completed its first dynamic testing in China, ahead of going on sale in the country next year. The Volkswagen ID 4 rival will be the first electric model from Geely’s Chinese premium brand, which… Continue reading New Lynk&Co Zero electric coupe-SUV begin testing
Ferrari CEO Louis Camilleri retires for ‘personal reasons’
Ferrari CEO Louis Camilleri has stepped down from his position with immediate effect. Confirmed by Maranello overnight, Camilleri has departed from his CEO role and board member position, with chairman John Elkann stepping into the former role on an interim basis. He’s also charged with finding a successor. Camilleri took over in mid-2018, shortly after former CEO Sergio Marchionne died from… Continue reading Ferrari CEO Louis Camilleri retires for ‘personal reasons’
Israel’s Innoviz goes public in $1.4 billion SPAC pact
Israel-based Innoviz Technologies, a leading player in high-performance, solid-state LiDAR sensors and perception software has entered into a definitive agreement to merge with Collective Growth Corporation in a transaction sponsored by Antara Capital and Perception Capital Partners. The transaction is supported by a $200 million (Rs 1,480 crore) fully committed common stock PIPE led by… Continue reading Israel’s Innoviz goes public in $1.4 billion SPAC pact
Battery factory planned for Wales moved to England
Britishvolt signed a memorandum of understanding (MOU) with the Welsh Government in July to build the plant in St Athan, Vale of Glamorgan. Go to Source
Ola appoints Julien Geffard to lead Europe EV operations
New Delhi: (File photo) Ride hailing major Ola on Friday said it has appointed Julien Geffard as the Director of Go-To-Market Strategy for its electric business in Europe as it prepares to launch its range of electric scooters in Europe in the coming months. In this role, Geffard will be responsible for building and growing… Continue reading Ola appoints Julien Geffard to lead Europe EV operations
Next generation Jaguar Land Rover interiors to be made from recycled plastic waste
Jaguar Land Rover has announced that future models will use new materials created with recycled wasteland and ocean plastic, as part of a new company-wide sustainability drive. The British company has teamed up with Italian fibre and polymer giant Aquaful, with next generation cars set to be offered with floor mats and interior trims using… Continue reading Next generation Jaguar Land Rover interiors to be made from recycled plastic waste
Jaguar Land Rover’s Castle Bromwich plant partially shuts until Christmas
Jaguar Land Rover Carmaker says ‘an issue related to Covid’ has prevented delivery of key materials Workers at the Jaguar Land Rover factory in Castle Bromwich, West Midlands. Photograph: Jaguar Land Rover/PA Jaguar Land Rover has shut down production at its Castle Bromwich factory until Christmas because “an issue related to Covid” has prevented the… Continue reading Jaguar Land Rover’s Castle Bromwich plant partially shuts until Christmas
China’s NEVC to deploy Easelink’s automated conductive charging system
China’s New Energy Vehicle Technology Innovation Center (NEVC) and Austrian charging hardware provider Easelink have signed a memorandum of understanding to deploy Easelink’s Matrix Charging system. The Matrix Charging system consists of two components: a connector installed in the vehicle underbody, and a pad installed in the parking space. As soon as the vehicle parks… Continue reading China’s NEVC to deploy Easelink’s automated conductive charging system
Hyundai units, chief may pay up to $828m to buy Boston Dynamics from SoftBank
Hyundai Motor Group units and its chairman have agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion to 900 billion won ($736 million-$828 million), a person familiar with the matter told Reuters on Friday. Hyundai can leverage the robot technology to expand automation at its… Continue reading Hyundai units, chief may pay up to $828m to buy Boston Dynamics from SoftBank