Tag: Electric vehicles

Goodyear Ventures Invests In EV Charging And Software Company AmpUp

AKRON, Ohio, Aug. 16, 2021 /PRNewswire/ — Goodyear (NASDAQ: GT) announced today that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio. AmpUp supports the EV driving community through their advanced charging network and software solutions. With operations across North America, AmpUp aims to make charging… Continue reading Goodyear Ventures Invests In EV Charging And Software Company AmpUp

BorgWarner Invests in CelLink, Expanding Electrification Efforts

AUBURN HILLS, Mich., Aug. 16, 2021 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, invested in CelLink Corporation, a company that develops large, high-conductance flexible circuits for the automotive and energy storage industries. This Series C equity investment complements BorgWarner’s technology investments as well as its… Continue reading BorgWarner Invests in CelLink, Expanding Electrification Efforts

Canoo Receives Initial AA ESG Leader Rating From MSCI; Ranks In Automotive Top 11%

JUSTIN, Texas, Aug. 16, 2021 /PRNewswire/ — Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs), was awarded a AA ESG rating by leading global investment and ESG rating firm, MSCI. The AA ranking places Canoo as an industry ESG leader and in the top 11% of automotive companies. “At Canoo we are focused on bringing EV’s to… Continue reading Canoo Receives Initial AA ESG Leader Rating From MSCI; Ranks In Automotive Top 11%

PE-VC funds in EVs up 3x this year

The year 2021 has already recorded 11 investment deals worth $519 million in the sector compared to 13 investments of $165 million value in entire 2020, according to data from Venture Intelligence (see graphic). The investment tally includes renewable energy companies Fourth Partner Energy and Fortum that also operate in the electric mobility space. Chennai:… Continue reading PE-VC funds in EVs up 3x this year

Opinion: How clean mobility can help India meet climate commitments

Globally, the decarbonisation of transportation is underway through multiple pathways, including direct electrification and indirect electrification through hydrogen. By Chandana Sasidharan The latest report by the Intergovernmental Panel on Climate Change (IPCC) states that human influence has changed the climate at an unprecedented rate. Actions for limiting carbon dioxide (CO2) and other greenhouse gas emissions… Continue reading Opinion: How clean mobility can help India meet climate commitments

Autos & Transportation · 12:40 PM UTCU.S. opens formal safety probe into some 765,000 Tesla vehiclesU.S. auto safety regulators said early Monday they…

The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu WASHINGTON, Aug 16 (Reuters) – U.S. auto safety regulators said early Monday they have opened a formal safety probe into Tesla Inc’s driver assistance system Autopilot after a series of crashes involving emergency vehicles. The National Highway Traffic Safety Administration (NHTSA)… Continue reading Autos & Transportation · 12:40 PM UTCU.S. opens formal safety probe into some 765,000 Tesla vehiclesU.S. auto safety regulators said early Monday they…

Autos & TransportationDetroit sticks with trucks, SUVs despite lofty 2030 goals for EVs12:42 PM UTC

DETROIT, Aug 16 (Reuters) – The future may belong to electric cars, but for U.S. automakers, trucks will rule for years to come. Automakers in North America plan to build more big pickups and sport utility vehicles than electric vehicles well into the late 2020s, chasing sales trends that run counter to the Biden administration’s… Continue reading Autos & TransportationDetroit sticks with trucks, SUVs despite lofty 2030 goals for EVs12:42 PM UTC

US government opens probe into Tesla Autopilot crashes with emergency vehicles

The US National Highway Traffic Safety Administration (NHTSA) has opened a probe into Tesla’s Autopilot software, citing the cars’ repeated collisions with parked emergency vehicles. The NHTSA investigation will cover Tesla Models Y, X, S, and 3 vehicles released from 2014 through 2021. The federal agency says since 2018 it has logged 11 incidents (which… Continue reading US government opens probe into Tesla Autopilot crashes with emergency vehicles

World NM: Electric cars hit highway to the future001466

China leads way with clear strategy, rising demand Zhang and his wife are new fans of China’s burgeoning new energy vehicle, or NEV sector. He added that the focus will not only be on increasing market size, but also on making breakthroughs in core technologies to help China consolidate its leading position in the market.… Continue reading World NM: Electric cars hit highway to the future001466