@niche: Unique flat EV chassis maker REE to open large facility in the UK000667

We’ve written about Israeli company REE Automotive and its remarkable super-flat modular EV chassis several times before. The company has a drastically disruptive offer for automakers; we’ll build you a skateboard electric vehicle chassis full of batteries, as well as your entire electric drivetrain, with more or less whatever characteristics you want in the motors,… Continue reading @niche: Unique flat EV chassis maker REE to open large facility in the UK000667

Honda to extend production suspension at some North American plants

By David Shepardson 2 Min Read FILE PHOTO: Honda’s logo on its Modulo model is pictured at its showroom at its headquarters in Tokyo, Japan, Feb. 19, 2019. REUTERS/Kim Kyung-hoon WASHINGTON (Reuters) – Honda Motor Co said on Tuesday it will extend production suspensions at some North American plants into the week of March 29… Continue reading Honda to extend production suspension at some North American plants

Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns

The Land Rover-rival being built by the billionaire Sir Jim Ratcliffe may be delayed by up to six months amid difficulties caused by the coronavirus pandemic. Ineos, the chemicals company founded by Ratcliffe, had planned to deliver the first of the new Grenadier vehicles in early 2022, but is now considering a new launch date… Continue reading Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns

ANALYSIS-Electric shock: German auto stocks get a new lease of life

By Danilo Masoni, Thyagaraju Adinarayan 5 Min Read LONDON (Reuters) – Volkswagen and BMW’s plans to grab market share in the fast-growing electric car market and challenge Tesla could shift the dial for their cheaply priced shares. FILE PHOTO: The BMW iNEXT electric autonomous concept car is introduced during a BMW press conference at the… Continue reading ANALYSIS-Electric shock: German auto stocks get a new lease of life

Chip-starved automakers shudder at Renesas plant’s 1-month halt

TOKYO — Japanese chipmaker Renesas Electronics said Sunday that production may take up to a month to resume at a fire-damaged main factory in Hitachinaka, northeast of Tokyo. But considering the many processes in semiconductor fabrication, it may take over three months for supply chains return to normal. Renesas’ fire could not come at a… Continue reading Chip-starved automakers shudder at Renesas plant’s 1-month halt

Toyota invests in Chinese self-driving partner Momenta

TIANJIN, China — Toyota Motor has invested in Chinese autonomous-driving startup Momenta as part of a $500 million fundraising round, expanding the Japanese automaker’s development infrastructure in China as tensions between Beijing and the U.S. simmer. Momenta’s systems use deep learning to analyze information from a vehicle’s cameras and sensors and construct a map of its… Continue reading Toyota invests in Chinese self-driving partner Momenta

Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

Toyota to halt production at Czech car plant due to shortage of semiconductors: CTK agency

By Reuters Staff 1 Min Read FILE PHOTO: The logo of Toyota carmaker is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard PRAGUE (Reuters) – Toyota’s Czech unit Toyota Motor Manufacturing Czech Republic will halt production at its car plant in Kolin, east of Prague, for 14 days from March 22… Continue reading Toyota to halt production at Czech car plant due to shortage of semiconductors: CTK agency

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the eye of anyone passing by. It houses the headquarters of the five-year-old Chinese autonomous driving startup, Momenta. Like other major Chinese cities, Suzhou, which is famous for its serene canals and classical… Continue reading Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round