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Week 1, October 2022 Mobility News Archive



  • New York plans to reduce greenhouse gases 85% by 2050: requires 35% of vehicle sales to be zero-emission by 2026, 68% of sales by 2030, 100% of sales by 2035

  • Tesla unveiled Optimus, a prototype of humanoid robot, available for mass production and sold under $20K

  • Tesla delivered 343K EVs in Q3; expects to produce 495K Model Y and 3 vehicles in Q4

  • Tesla added Joe Gebbia, Airbnb co-founder, to its board of directors

  • Ford unveiled 2023 Super Duty with 5G wireless network, upgraded powertrain options and infotainment

  • Porsche did IPO at €75.43B valuation, the biggest listing in Germany since 1996; Volkswagen gained €9.6B from the IPO

  • Citroen unveiled concept of new EV, oli, under 1 tonne weight, 110 km max speed, made from recycled cardboard

  • BMW unveiled new XM, a plug-in hybrid SUV with 644 horsepower, starting from $160K

  • BMW expects 7-9% margin target, 10% fully electric sales this year, sales growth in 2023

  • Mercedes-Benz signed on a letter of intent with Hegelmann Group to order 50 battery electric long-haul trucks, to be produced from 2024

  • Mercedes-Benz and Volvo suspending factory operations in South California due to hurricane

  • Arrival produced its first e-van built at UK Microfactory after cutting 2022 delivery target from 400 to 20 vehicles

  • Geely acquired 7.6% share of Aston Martin

  • Toyota to produce a small e-sedan, bZ3, in China by year-end with BYD's battery

  • Toyota's YoY vehicle production increased 44.3% in August; maintain 9.7M vehicles for annual production target

  • Foxconn started to produce Lordstown's Endurance e-pickup truck

  • Faraday Future raised $100M funding from a Hong Kong based investor to launch its first model, FF91

  • Sollers, a Russian automaker, may buy Mazda's stake in Russia

  • Hertz partners with BP to build an EV charging network with thousands of chargers in North America


  • Grab expects less loss in 2H 2022, 45% to 55% YoY group revenue growth in 2023, break even by 2H 2024

  • Uber partners with Stellantis' Free2Move to electrify 50% of vehicles in France

  • Argo AI offers its robotaxi service in Austin, Texas, via Lyft app

  • May Mobility and Via launched wheelchair-accessible autonomous shuttles in Minnesota

  • Papaya, a UK based light EV solution company for lastmile deliveries, raised $3.5M funding


  • Mobileye filed for IPO to the US market

  • Amazon unveiled Eco Auto 2nd gen, a smaller and slicker device to use Alexa voice assistant in vehicles

  • BMW to use Amazon's Alexa to build own voice assistant system

  • New features in Google Maps: immersive view, neighborhood vibe, live view search, eco-friendly routing


  • Volkswagen and Umicore to set up a JV for materials production and recycling for EV batteries in Europe

  • Nio invested $12M AUS in 12% stake of Greenwing Resources, an Australian lithium company

  • SK On signed on MoU with Global Lithium Resources to secure spodumene supply

  • GM partners with OneD Battery Science to use silicon nanotechnology in Ultium battery cells

  • Gogoro signed a 5 year credit facility agreement to raise $345M funding

More Readings...

  • How Volvo is leaning on software to drive its next great safety revolution (TechCrunch)

  • Toyota president calls meeting California zero-emissions requirements 'difficult' (Reuters)

  • Auto suppliers feel the green squeeze as carmakers get clean (Reuters)

  • Factbox: How Germany's industrial giants are preparing for winter (Reuters)

  • Why United Airlines is betting $1B on flying cars (Emerging Tech Brew)

  • Don't let flying taxis be the next scooters, city planners warn (SmartCitiesDive)

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