NEWS
Automotive
Tesla changed a direction from cutting 10% of employees due to a bad feeling about the economy to increase its headcount with flat salary; announced back-to-office message to employees
Tesla recovered 70% operations level of pre-COVID-lockdown in its Shanghai plant
Tesla AI Day is moved to Sep 30; to show a prototype of Optimus, a humanoid robot
Tesla is asked to respond to unexpected brake activation cases to the US gov't
GM cut 2023 Chevrolet Bolt EV models by around $6K despite higher commodity costs
Cruise acquired a final permit to offer paid driverless taxi service in San Francisco
Ford to invest $3.7B in Michigan, Ohio and Missouri plants with local gov'ts subsidies
Mercedes-Benz recalls 1M vehicles globally due to break booster problems
Mercedes-Benz to start small series battery cells production in 2023 at Untertuerkheim site
Stellantis and Toyota to extend a partnership for large-size commercial vans production
Stellantis to halt its Melfi plant next week due to chips and parts shortages
SAIC Volkswagen to continue its Xinjiang plant operations despite human rights violation reports
Geely launched 9 satellites into space for accurate navigation system for autonomous vehicles
WM Motor, a Chinese EV startup, to go public in Hong Kong
Buick unveiled EV concept car, Wildcat; to offer all-electric vehicles by 2030
DeLorean unveiled the details of Alpha 5 EV with 300 miles driving range
Rivian's battery pack had a fire in its Illinois factory
Jeep Wrangler tipped over in a crash test while good in 4 other tests
Rimac raised €500M Series D funding to expand business as EV components supplier
8 OEMs adopted the US federal recommendations for responding to fires on lithium-ion EV batteries
Lastmile_Micromobility_Logistics
Yummy, Latin American on-demand delivery service, raised $47M new funding
Appetito, an Egyption grocery delivery service, acquires Lamma, a similar startup running in Tunisia and Morocco
Turo, a peer-to-peer car sharing company, to expand its service to NYC and France
Upway, a French secondhand e-bike startup, raised $25M Series A funding
Location_Technology
TomTom cut 500 employees in Maps unit due to automated map-making process
Felt, a social mapping platform, raised $15M Series A funding
Ecarx, a Chinese car tech company, signed up for company listing through SPAC
Battery_Materials
Panasonic delivered the first 4680 battery cell sample to Tesla
Panasonic may choose Kansas or Oklahoma for its battery plant location in the US
Controlled Thermal Resources to supply up to 25K metric tons of lithium hydroxide annually to Stellantis over 10 years
Toyota unveiled a home battery pack competing with Tesla's Powerwall; takes pre-orders in Japan
Attero, India-based electronics recycling firm, to invest $1B for better lithium-ion battery waste processing and new plants in the US and Indonesia
REPORTS & ARTICLES
Ford CEO's EV industry expectations: consolidations among EV makers and suppliers; smaller EV makers to be acquired due to funding pressure; better expectation about Chinese EV companies over US makers; in favor of a direct vehicle purchasing from the maker; no Super Bowl ad on EV (CNBC - full article)
More Readings...
This is where electric vehicle adoption is headed between 2022 and 2025 (Electrek)
How a cheap component could help kill off combustion cars (Reuters)
What if electric bikes were as cheap as conventional bicycles? (Bloomberg)
Analysis: Musk's warning could be auto industry's 'canary in the coal mine' moment (Reuters)
Britain's electric car charge faces battery challenge (Reuters)
The 2022 Bentley flying spur hybrid is a shaky step towards a luxurious EV future (TechCrunch)
The delivery market is coming down from its pandemic highs (TechCrunch)
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