Auto industry supplier Brembo unveiled its latest brake system called “SENSIFY”, which pairs its world-renowned brake components with the power of AI. SENSIFY adds digital technology to create a flexible platform that includes software, predictive algorithms and data management to control a vehicle’s brake system digitally. The brake system can intelligently adapt to any road or weather condition.
Oct 25, 2021 4:00 PM PT
Tesla’s battery supplier Panasonic unveiled a new large prototype battery on Monday that’s designed to help the electric automaker lower production costs. Panasonic says the new nickel-cobalt-aluminum (NCA) “4860” cell format, which represents the battery’s dimensions of 46 mm wide and 80 mm tall, will store more energy, reduce battery costs by up to 50% and drive a 100-fold increase in battery production by 2030.
Oct 25, 2021 1:30 PM PT
Electric automaker Tesla is closing in on a trillion dollar market capitalization after rental car company Hertz Global Holdings placed an order for 100,000 Model 3 sedans that will be delivered over the next 14 months. The Model 3s will be available to rent at Hertz rental car locations in major U.S. markets and parts of Europe starting in early November.
Oct 25, 2021 8:25 AM PT
The new batteries use a lithium-iron-phosphate (LFP) chemistry instead of nickel-cobalt-aluminum, which will continue to be found in Tesla’s long-range models.
Oct 24, 2021 4:45 PM PT
The joint venture will see the two companies produce electric vehicle batteries for Stellantis’ vehicles that will be sold in the U.S., Canada, and Mexico.Oct 24, 2021 7:45 AM PT
The Maverick with the standard hybrid engine managed to beat Ford’s original estimates, getting a 42 mpg city rating from the EPA.Oct 23, 2021 8:00 AM PT
Apple Inc’s secretive Apple Car project has hit another roadblock after talks with Chinese battery suppliers Contemporary Amperex Technology Co. Limited (CATL) and BYD have stalled, Reuters reported on Friday. The computer giant was in talks with both battery suppliers to supply the batteries for Apple’s electric car project, but the California company’s unreasonable demands on the two companies have caused negotiations to break down.Oct 22, 2021 2:35 PM PT
Automaker General Motors is expediting deliveries of full-size pickups that were parked due to the ongoing chip shortages that are affecting auto production around the world. Speaking at the Reuters Events Automotive Summit, GM's North American chief executive Steve Carlisle said the automaker is more than halfway through shipping its newly assembled backlog of pickups that were parked and awaiting shipment to dealers.Oct 22, 2021 10:20 AM PT
Polestar, the electric-performance brand operated by Volvo Cars and its parent company Geely, is teaming up with EV charging operator Electrify America to offer Polestar 2 drivers two years of free DC fast charging sessions. The free charging offer is being provided to all Polestar 2 drivers, even those that have already purchased their vehicles or are still waiting to take delivery.Oct 21, 2021 3:00 PM PT
The Netherlands Forensic Institute has decrypted electric automaker Tesla’s driving data vehicle storage system by "reverse engineering" Tesla’s vehicle data logs. The data uncovered contains a wealth of previously unknown information that could be used to investigate serious accidents involving Tesla vehicles.Oct 21, 2021 1:35 PM PT
Verizon and Nissan's North America Research and Advanced Engineering team have announced the completion of a successful C-V2X proof-of-concept that demonstrates how vehicle sensor data and nearby infrastructure can be processed using Verizon’s wireless network and communicated back to vehicles to notify drivers of any potential hazards in near real-time.Oct 21, 2021 10:45 AM PT
E-commerce giant Amazon is now worth roughly $1.7 trillion, which has made its founder Jeff Bezos one of the richest people on the planet. Amazon is also a backer of electric vehicle startup Rivian and could help the company take on Tesla in the electric vehicle space.Oct 20, 2021 3:00 PM PT
Automaker Volkswagen will officially launch the China-built ID.3 electric hatchback on Oct 22, the company announced in a post on Chinese social media platform WeChat. The launch of the ID.3 in China is expected to further boost VW's electric vehicle sales in China, which is the world’s biggest auto market.Oct 20, 2021 9:50 AM PT
HT Aero, an urban air mobility (UAM) company and an affiliate of Chinese electric vehicle startup XPeng Inc., announced that it has entered into a definitive agreement with a consortium of investors to raise over US$500 million in Series A funding. It will be the largest single-tranche fundraising to date in Asia’s electric vertical takeoff and landing (eVTOL) sector.Oct 19, 2021 11:45 AM PT
Honda unveiled three new concept cars during a recent virtual press conference. These include a two-door coupe, a four-door GT, and an SUV from its e:N Series, which is the company’s upcoming series of all-electric models. The new EV concepts offer a glimpse of Honda's electrification plans for China.Oct 19, 2021 9:00 AM PT
Apple Inc's contract manufacturer Foxconn, which has assembled hundreds of missions of iPhones and electronic devices over the years for the technology giant, has unveiled three electric vehicles as the company prepares to diversify its business. The three vehicles are designed for mass production. The reference designs allow EV companies to customize the vehicles to their own specifications.Oct 18, 2021 2:45 PM PT
As existing shareholders continue to increase investments in EVs and related technologies, new participants are optimistic about China's growing electric vehicle market. As a result, electric vehicle startup XPeng Motors has strong financial backing and stamina for future development. The company has cash reserves of 8.2 billion yuan (US$1.19 billion), and is ramping up its investment in R&D.
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