NEWS
Automotive
Hyundai Kia is under investigation by Frankfurt prosecutors due to suspected defeat devices changing vehicle emission levels
Hyundai's upgraded Nexo , a hydrogen-powered SUV, to be delayed for its launch from 2H 2023 to 2024 due to fuel cell development issues
Hyundai unveiled some images of Ioniq 6
Toyota unveiled Urban Cruiser Hyryder SUV, its first hybrid car for India mass market
Nissan halts its production in Russia for 6 months from April
Tesla delivered 18% fewer EVs in 2Q 2022 than Q1 due to COVID-19 shutdown in China
Tesla lays off 200 Autopilot employees and shuts down its San Mateo office
Great Wall Motor canceled $1B investment plan in the acquisition of GM's India plant as it failed to get regulatory approvals
Ford recalls 2,900 F-150 Lightning e-pickup trucks due to a software issue of low tire pressure warning
Siemens to invest $100M+ in Volkswagen's EV charging station business in the US, Electrify America
In the US, annually 250K EV chargers to be built with $700M in total investments
Volkswagen still plans to let Porsche go public in Q4 2022
Volkswagen unveiled concept of ID. AERO, all-electric sedan with 620Km range
Audi to invest $19.2M in resuming Parana plant in Brazil after halting production due to components shortage
Audi's solar power plant proposal in Puebla, Mexico was rejected by the the gov't
Lamborghini to invest €1.8B in hybrid models by 2024 and full-electric models by 2030
Stellantis' factories conversion: to run 50% of its Tremery (France) plant, the world's largest diesel engine factory, to electric motor production; to change Termoli (Italy) plant from engine & gearboxes to battery plant
Most of automakers showed a decline in the Q2 2022 US vehicle sales yoy: GM by 15%; Toyota by 23%; Hyundai by 23%; Kia by 17%; Mazda by 43%
Tevva, a British commercial EV startup, unveiled a hydrogen fuel cell truck with 499km range to be produced in 2023
Drako Motors, a San Jose-based EV startup, unveiled a hyper SUV, Drako Dragon
Saudi Arabia's Public Investment Fund talks with Aston Martin to acquire equity
Industrial Next, founded by former Tesla's factory and electrical architect leads, raised $12M pre-Series A funding for smart factory solution for automakers
Tenet, a startup offering EV payment loan, raised $18M seed funding
Lastmile_Micromobility_Logistics
Cruise's robotaxis stopped at an intersection in San Francisco; manually removed from the street
Bird's founder stepped down from president after getting a warning from the stock exchange, but staying as CEO
Deliveree, a Southeast Asia based logistics booking platform, raised $70M Series C funding
Mottu, a Brazil-based motocycle rental service, raised $30M Series B funding
Location_In Vehicle_Technologies
Valeo to supply BMW with ADAS controller, sensors and software for parking and maneuvering
SpaceX had a permission by the US gov't to use Starlink satellite internet for commercial airplanes, ships and trucks
Apple CarPlay to launch a feature of in-car fuel payment in 2H 2022
Battery_Chips_Material
Compass Minerals, a US based mining company, to supply LG Energy Solution with 40% of its lithium carbonates and lithium hydroxide production for 7 years from 2025
Liontown Resources, an Australian mining company, to supply Ford with annually 150K DMT lithium spodumene concentrate for 5 years
Albemarle Corp to build a plant in the US to process 100K tonnes of lithium annually to support EV battery production
Britishvolt signed a deal with Posco Chemical for secure supplies of cathode and anode materials for EV battery
LG Electronics acquired AppleMango, a South Korea-based EV charger maker
Fleetzero, a electric battery maker for ships, raised $15.5M funding
REPORTS & ARTICLES
J.D. Power 2022 U.S. Initial Quality Study: The 2022 survey result shows that the US car industry had 11% worse than last year in the consumer experience of their new vehicles models. Buick, Dodge and Chevrolet rank highest in their quality. Mass market vehicles show better quality than premium ones. Battery EVs and plug-in hybrid still show more problems than combustion engines. Infotainment systems has the biggest portion of quality issues. ADAS issues are growing. (Full article - J.D. Power)
Different views on a flat-rate tax proposal on lithium produced in CA's Salton Sea region: mining companies may exit from there and impact on EV battery production; on the flip side, tax is required for the restoration of environment and community (Full article - Reuters)
More Readings...
Behind the scenes of Waymo's worst automated truck crash (TechCrunch)
Texas becomes Tesla's new China (Reuters)
Waymo, UPS, other pressure Gov. Newsom to allow autonomous trucking in California (TechCrunch)
Li Auto makes hay while electric shun shines (Reuters)
VW: EV battery output bigger challenge than EU combustion engine ban (Reuters)
Brand watch: how energy security concerns are powering surge in EV use (Reuters)
Global revenue from car and bike sharing may rise 40% by 2030 (Bloomberg)
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