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Electric Car Brand Polestar Announces Plans for a Subscription Service & ‘Polestar Spaces’

Oct 27, 2018 6:50 PM WST

At a event in New York, Polestar Performance AB announced details of how it will sell and market its electric vehicles—the Polestar 1 and Polestar 2. Polestar is the new performance luxury electric brand of Volvo Cars, wholly owned by China’s Zhejiang Geely Holding Group Co.

Polestar Polestar 1 Tesla Geely Volvo
Uber in Talks to Buy Dubai-based Ride-Hailing Rival Careem for Around $2 Billion

Oct 24, 2018 1:09 PM WST

Ride-hailing company Uber Technologies Inc is in talks to buy Dubai-based rival Careem Networks FZ for around $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.

Uber Ride-Hailing Careem SoftBank Didi Chuxing SoftBank
Port of Los Angeles Awarded $41 Million for Hydrogen Fuel Cell Freight Project

Oct 21, 2018 3:43 PM WST

Toyota Motor North America is continuing its commitment to hydrogen fuel cell technology. The automaker is partnering with the Port of Los Angeles, truck maker Kenworth, and oil company Shell to launch a zero-emission, hydrogen fuel cell freight project under which it will supply powertrains and provide operational support.

toyota Hydrogen Fuel Cell California Air Resources Board Toyota Logistics Services UPS
French Energy Co Saft to Begin Producing Next-Gen EV Batteries by 2020

Oct 20, 2018 12:46 PM WST

France's Saft, a subsidiary of energy company Total, expects to begin mass production of next-generation lithium ion batteries starting in early 2020. Saft is part of a four-way European battery alliance between Siemens AG, Manz AG and Belgian chemical company Solvay.

Saft Siemens AG Solvay Tesla Gigafactory EV Lithium ion batteries CATL
Renesas to Buy Silicon Valley-Based Integrated Device Technology Inc for $6.7 billion

Oct 18, 2018 1:18 PM WST

Japan’s Renesas Electronics Corp said it had agreed to buy Silicon Valley-based Integrated Device Technology Inc (IDT) for $6.7 billion, its second major acquisition as it looks to develop semiconductors and sensors used for self-driving cars.

Renesas IDT Integrated Device Technology Inc Semiconductors autonomous cars Silicon Valley
Volvo Cars Cancels its Planned IPO Amid Ongoing Trade Tensions

Oct 17, 2018 12:22 PM WST

Volvo Cars has postponed its planned IPO, citing ongoing trade tensions and a decline in automotive stocks. The Swedish carmaker, which is owned by China’s Geely, hoped to list its shares by the end of the year.

Volvo Cars XC60 trade war IPO Hakan Samuelsson Geely
Nissan & EVgo Open 'I-95 Fast Charging ARC' Connecting Boston and Washington DC

Oct 13, 2018 5:01 PM WST

A partnership between Nissan Motor Co and EVgo has made traveling between Boston and Washington DC, one of the busiest traffic corridors in the U.S., a little easier. Nissan and EVgo have announced completion of their planned ‘Fast charging ARC’ connecting the cities of Boston and Washington DC.

Nissan Leaf EVgo Fast Charging ARC Tesla EVs EV Charging
Volvo Calls for Universal Standard for Autonomous Car Communication

Oct 12, 2018 4:50 PM WST

With the new 360c autonomous concept, Volvo Cars is addressing one of the main challenges around the introduction of autonomous technology. Volvo is calling for a new, global standard in how autonomous vehicles communicate with all other road users.

Volvo Volvo Cars V2I connected cars 360c autonomous concept
Apple Self-Driving SUV Involved in Accident in Silicon Valley

Oct 07, 2018 6:24 PM WST

Despite being one of the world’s most valuable tech companies, Apple’s self-driving cars are still a work in progress. The company reported that one of their self-driving development vehicles was involved in a collision near the company’s headquarters in Silicon Valley.

Apple Project Titan Waymo self-driving cars Lexus RX450h

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At a event in New York, Polestar Performance AB announced details of how it will sell and market its electric vehicles—the Polestar 1 and Polestar 2. Polestar is the new performance luxury electric brand of Volvo Cars, wholly owned by China’s Zhejiang Geely Holding Group Co.

Ride-hailing company Uber Technologies Inc is in talks to buy Dubai-based rival Careem Networks FZ for around $2 billion to $2.5 billion, Bloomberg reported on Monday, citing people familiar with the matter.

France's Saft, a subsidiary of energy company Total, expects to begin mass production of next-generation lithium ion batteries starting in early 2020. Saft is part of a four-way European battery alliance between Siemens AG, Manz AG and Belgian chemical company Solvay.

Japan’s Renesas Electronics Corp said it had agreed to buy Silicon Valley-based Integrated Device Technology Inc (IDT) for $6.7 billion, its second major acquisition as it looks to develop semiconductors and sensors used for self-driving cars.

Volvo Cars has postponed its planned IPO, citing ongoing trade tensions and a decline in automotive stocks. The Swedish carmaker, which is owned by China’s Geely, hoped to list its shares by the end of the year.

With the new 360c autonomous concept, Volvo Cars is addressing one of the main challenges around the introduction of autonomous technology. Volvo is calling for a new, global standard in how autonomous vehicles communicate with all other road users.

Despite being one of the world’s most valuable tech companies, Apple’s self-driving cars are still a work in progress. The company reported that one of their self-driving development vehicles was involved in a collision near the company’s headquarters in Silicon Valley.