BorgWarner Inc. BWA is poised to make great strides in the electrification space, as evidenced by its latest buyout deals and business wins. Here is a sneak peek into the company’s most recent noteworthy events. BWA to Acquire Santroll Light Vehicle eMotor Unit BorgWarner and Santroll Electric Auto and Santroll Automotive Components recently announced signing… Continue reading BorgWarner (BWA) Electrification Efforts to Bolster Capabilities
Tag: Tesla
Ford, Volvo join Redwood Materials to launch free EV battery recycling program in California
Redwood Materials, the startup founded by former Tesla CTO JB Straubel, is launching an electric vehicle battery recycling program in California with Ford and Volvo as inaugural partners as pressure mounts to source materials for EVs. The basic plan is that Redwood Materials will work with dealers and dismantlers in California to recover end-of-life battery… Continue reading Ford, Volvo join Redwood Materials to launch free EV battery recycling program in California
U.S. investigates 416,000 Tesla vehicles over unexpected braking reports
A Tesla sign is pictured outside the Tesla Gigafactory 2 in Buffalo, New York, U.S., February 13, 2022. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 17 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Thursday it is opening a formal investigation into 416,000 Tesla vehicles over reports… Continue reading U.S. investigates 416,000 Tesla vehicles over unexpected braking reports
Tesla (TSLA) secures lithium supply from upcoming mine in Australia
Tesla (TSLA) has signed a contract to secure lithium supply from an upcoming mine in Australia developed by Liontown. The critical material to battery production is expected to start flowing in 2024. With the rise in popularity of electric vehicles, several critical materials to battery production, like nickel, lithium, and cobalt, are becoming bottlenecks in… Continue reading Tesla (TSLA) secures lithium supply from upcoming mine in Australia
Hertz Invests in UFODrive
UFODrive plans to put the new capital to use in its U.S. expansion. Meanwhile, for Hertz, the new partnership builds the rental giant’s October 2021 announcements that it is adding Teslas to its fleet and offering some to Uber. Photo courtesy of UFODrive As part of its commitment to the future of mobility, Hertz announced an investment in electric… Continue reading Hertz Invests in UFODrive
VW set to boost output, pick new EV plant site, amid chip crunch
By Reuters Staff 3 Min Read BERLIN (Reuters) -Volkswagen could decide on where it will build a new electric-vehicle plant by the end of March, and plans to boost overall output in the second half of 2022 even though a chip shortage is expected to persist this year. FILE PHOTO: The logo of German carmaker… Continue reading VW set to boost output, pick new EV plant site, amid chip crunch
China’s XPeng · NIO and Tesla to Reduce CATL Batteries
Along with Chinas’ No. 1 and No. 2 electric vehicle startups XPeng and NIO, Tesla has been seen trying to reduce CATL battery use and or change its supply to another battery company. On the 15th, sources from various Chinese media such as CNEVPOST state that BYD, the second-largest battery manufacturer in China, recently received… Continue reading China’s XPeng · NIO and Tesla to Reduce CATL Batteries
Tesla (TSLA) is reportedly receiving competing bids for second Gigafactory in China
Tesla (TSLA) is receiving competing bids for a second Gigafactory in China, according to new documents released by a Chinese province. The automaker said that it expects to announce a new factory location this year. Tesla currently operates two main factories, Tesla Fremont and Gigafactory Shanghai, and it has Gigafactory Texas and Gigafactory Berlin slowly… Continue reading Tesla (TSLA) is reportedly receiving competing bids for second Gigafactory in China
Nio stock falls after downbeat China auto sales data, Tesla shares also take a hit
Share of China-based electric vehicle maker Nio Inc. sank 3.5% in premarket trading Monday, after data showing that China’s car sales fell for the eighth straight month in January. the China Passenger Car Association said January retail sales of passenger cars declined 4.4% from a year ago, and said sales are expected to remain sluggish… Continue reading Nio stock falls after downbeat China auto sales data, Tesla shares also take a hit
Waabi’s new simulator could scale autonomous vehicle tech faster
Testing autonomous vehicles on public roads is an expensive and time-consuming endeavor, and one that Raquel Urtasun, former chief scientist at Uber ATG, doesn’t think is the most expedient route to market. Waabi, Urtasun’s self-driving truck technology startup that launched last June, has come out with a key component of its strategy to scale its… Continue reading Waabi’s new simulator could scale autonomous vehicle tech faster