Arrival, the electric vehicle manufacturer that aims to break up the assembly line in favor of multiple microfactories, is investing $11.5 million to build a high-voltage battery module assembly plant in Charlotte, North Carolina. The plant will provide batteries for electric buses and vans produced at the company’s microfactories in Rock Hill, South Carolina and… Continue reading EV maker Arrival to build high-voltage battery module assembly plant in North Carolina
Tag: Tesla
Toyota will build a $1.29 billion electric vehicle battery factory in North Carolina
Toyota will build a $1.29 billion battery factory in North Carolina in an effort to bring some of its electric vehicle supply chain to the US. The news comes on the heels of Toyota’s announcement that it will invest around $13.6 billion in battery tech over the next decade, including a $9 billion investment in… Continue reading Toyota will build a $1.29 billion electric vehicle battery factory in North Carolina
Musk hiring engineers to solve problems that affects people’s lives
“As always, Tesla is looking for hardcore AI engineers who care about solving problems that directly affect people’s lives in a major way,” Musk tweeted along with a link to apply for the job. San Francisco: Tesla founder and CEO Elon Musk on Monday tweeted that he is hiring Artificial Intelligence (AI) engineers who are… Continue reading Musk hiring engineers to solve problems that affects people’s lives
The Station: Didi delists, a plea for the Chips Act and crypto for in-car purchases
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Welp,… Continue reading The Station: Didi delists, a plea for the Chips Act and crypto for in-car purchases
Technology · 1:14 PM UTCEV maker Lucid gets SEC subpoena on $24-bln blank-check dealThe U.S. securities regulator has asked Lucid Group Inc for docume…
Dec 6 (Reuters) – The U.S. securities regulator has asked Lucid Group Inc (LCID.O) for documents related to an investigation into its blank-check deal, joining a growing list of companies that have come under scrutiny for their merger with shell companies. Shares of the luxury electric-car maker fell about 14% in pre-market trading on Monday… Continue reading Technology · 1:14 PM UTCEV maker Lucid gets SEC subpoena on $24-bln blank-check dealThe U.S. securities regulator has asked Lucid Group Inc for docume…
Exclusive-SEC probes Tesla over whistleblower claims on solar panel defects
SAN FRANCISCO, Dec 6 (Reuters) – The U.S. securities regulator has opened an investigation into Tesla Inc (TSLA.O) over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years, according to a letter from the agency. The probe… Continue reading Exclusive-SEC probes Tesla over whistleblower claims on solar panel defects
Tesla seeks court approval of win in engineer’s defamation case
Dec 3 (Reuters) – Tesla Inc (TSLA.O) has asked a U.S. court to affirm its recent victory in an arbitration with a former engineer who claimed the automaker fired and defamed her for raising concerns about defective floormats and contracting practices. In a petition filed in San Francisco federal court on Thursday, Tesla said an… Continue reading Tesla seeks court approval of win in engineer’s defamation case
Vietnamese EV maker VinFast eyes IPO in US in H2 of 2022 …
Vietnamese conglomerate Vingroup is aiming to list its carmaking unit VinFast in the US in the second half of next year, the company said in a statement on Saturday. Vingroup said it was working with investment banks to prepare for VinFast’s US IPO, which is expected to be the first of its kind by a… Continue reading Vietnamese EV maker VinFast eyes IPO in US in H2 of 2022 …
Why Stellantis CEO Carlos Tavares thinks the EV push threatens jobs, vehicle quality – Automotive News
Carlos Tavares says electrification push threatens jobs, vehicle quality December 01, 2021 09:08 AM Reuters {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{^main_image_url}} {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{/content}} ]]> DETROIT — Stellantis CEO Carlos Tavares said external pressure on automakers to accelerate the shift to electric… Continue reading Why Stellantis CEO Carlos Tavares thinks the EV push threatens jobs, vehicle quality – Automotive News
@VINFAST: Vingroup plans U.S. IPO for automaking arm in late 202212/04/2021 | 05:12am EST…nth, an official said the listing may happenwithin the next couple…
HANOI, Dec 4 (Reuters) – Vingroup JSC, Vietnam’s largest conglomerate, said on Saturday it is planning to list its car unit on the U.S. stock market in the second half of next year, in an offering expected to raise at least $3 billion.Just last month, an official said the listing may happen within the next… Continue reading @VINFAST: Vingroup plans U.S. IPO for automaking arm in late 202212/04/2021 | 05:12am EST…nth, an official said the listing may happenwithin the next couple…