Mountain View, CA – October 18, 2021 – BMW i Ventures announced today an investment in Our Next Energy Inc. (ONE), a Michigan-based energy storage solutions company working to develop longer range, lower cost batteries for electric vehicles. “Our Next Energy is working to fundamentally reinvent the battery while focusing on sustainability, safety and cost; three… Continue reading @BMW: BMW i Ventures Announces Investment in Battery Startup Our Next Energy.001533
Tag: Mobility
Amazon’s Zoox is expanding autonomous vehicle operations, testing to Seattle
Zoox, the autonomous vehicle startup acquired last year by Amazon, is expanding to Seattle. The company plans to open in 2022 an engineering office and operations facility, which will act as a base for its autonomous vehicle testing, Zoox, which today employs more than 1,300 people, tests its autonomous vehicles in San Francisco, Las Vegas… Continue reading Amazon’s Zoox is expanding autonomous vehicle operations, testing to Seattle
Toyota Alabama’s Future is Electrified, Turbocharged
Toyota’s new twin-turbo V6 engine line was part of a $288 million investment that also added 450 new jobs. That represented the largest hiring need in Toyota Alabama’s history, boosting the plant’s total employment to 1,800. Completion of this project – originally announced in February 2019 – marked the fifth expansion at Toyota Alabama. Toyota… Continue reading Toyota Alabama’s Future is Electrified, Turbocharged
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for September 2021
CHENGDU, China, Oct. 18, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of September… Continue reading Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for September 2021
Toyota Charges into Electrified Future in the U.S. with 10-year, $3.4 billion Investment
To drive battery production localization, Toyota Motor North America also announced today that it will establish a new company and build an automotive battery plant together with Toyota Tsusho in the U.S. Aiming to start production in 2025, the project includes an investment of approximately $1.29 billion until 2031, which includes funds that will be… Continue reading Toyota Charges into Electrified Future in the U.S. with 10-year, $3.4 billion Investment
HiPhi X Super SUV Tops Domestic Premium EV Sales for September
Starting from RMB 570,000, the HiPhi X falls under the premium electric vehicle segment, which is defined by selling price over RMB 500,000. For the month of September, sales of HiPhi X increased by 36.7% to 641 units, surpassing Porsche‘s Taycan which sold 585 units. This increase of sales secured HiPhi X as the most… Continue reading HiPhi X Super SUV Tops Domestic Premium EV Sales for September
Disrupted · 7:37 AM UTCBefore debt woes, China Evergrande’s ambitious car making goals stunned industryAt the Shanghai Auto Show in April, the booth f…
SHANGHAI/HONG KONG, Oct 18 (Reuters) – At the Shanghai Auto Show in April, the booth for China Evergrande Group’s new energy vehicle (NEV) unit (0708.HK), (3333.HK) was hard to miss. One of the largest exhibitions at the event, in a prime spot opposite BMW (BMWG.DE), the property developer-backed unit showed off nine concept vehicle models… Continue reading Disrupted · 7:37 AM UTCBefore debt woes, China Evergrande’s ambitious car making goals stunned industryAt the Shanghai Auto Show in April, the booth f…
@FCA: Stellantis and LG Energy Solution to Form Joint Venture for Lithium-Ion Battery Production in North America
October 18, 2021 , AMSTERDAM – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) and LG Energy Solution today announced that their companies have entered into a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. The parties intend that the joint venture will establish a new battery… Continue reading @FCA: Stellantis and LG Energy Solution to Form Joint Venture for Lithium-Ion Battery Production in North America
Battery Startup Our Next Energy (ONE) Closes Series A Led by Breakthrough Energy Ventures
Michigan based battery startup Our Next Energy (ONE) closes Series A Led by Breakthrough Energy Ventures Tweet this “Mujeeb and his team at ONE have cracked the code for building long-range batteries that not only push energy density levels but also cost barriers,” said Carmichael Roberts, Breakthrough Energy Ventures. “This is the type of battery… Continue reading Battery Startup Our Next Energy (ONE) Closes Series A Led by Breakthrough Energy Ventures
Tesla Roadster production delayed again until 2023
Production of the second-generation Tesla Roadster has been pushed back again to 2023, adding yet another year to the wait between the electric sports car’s initial reveal and its on-sale date. Tesla’s CEO, Elon Musk, made the announcement in his usual roundabout fashion during the company’s annual shareholder meeting, citing supply chain difficulties as the… Continue reading Tesla Roadster production delayed again until 2023