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Week 3, July 2022 Mobility News Archive

NEWS

Automotive

  • Volkswagen's Q2 sales dropped by 22.4% worldwide; 25.7% in western Europe; 16 to 18% in China and Americas

  • EU's court ruled Volkswagen's defeat device is illegal in certain temperature conditions

  • Renault's 1H 2022 car sales dropped by 30% due to Russian operations closure

  • Daimler Truck to start Mercedes-Benz e-bus assembly in Brazil in this year

  • Mercedes-Benz's Q2 sales dropped by 16% YoY due to supply chain issue and China's COVID lockdowns

  • New passenger car registration in Europe recorded the lowest number in June since 1996

  • Toyota unveiled 4 new Crown models including SUV for Japan and oversea markets

  • Hyundai to build a new EV production factory by 2025 in South Korea

  • Hyundai officially unveiled Ioniq 6, its first EV sedan with 610km range

  • Hyundai unveiled 2 concepts of N brand, RN22e and Vision 74

  • Geely unveiled a new brand Radar Auto focusing on outdoors, and its first e-pickup truck, RD6

  • VinFast simultaneously opened 6 stores in California

  • VinFast received $1.2B incentive package for its EV plant in North Carolina

  • GM and Pilot Flying J, a travel operator, to develop 2K EV charging stalls at travel spots across the US

  • Tesla is ordered to reimburse a German customer for Model X SUV due to unreliability of autopilot in city driving

  • Tesla's price could be lower if inflation slows down, Musk says

  • Tesla to shutdown its San Mateo, CA office and layoff 229 employees

  • Arrival, UK based EV maker, to layoff 30% of workforce and reorganize its business

  • Rivian to layoff 5% of its workforce

  • Aston Martin raised £650M investment from Saudi Public Investment Fund

  • Rimac started Nevada electric hypercar production

  • Iveco to exit from its operations in Russia and transfer its stake to a local partner

  • Lightship, an all-electric RV startup, raised $23M Series A funding

Lastmile_Micromobility_Logistics

  • Walmart to purchase 4,500 all-electric last-mile delivery vehicles from Canoo

  • Amazon to expand a drone delivery to Texas A&M community

  • An anonymous letter raising concerns of Cruise robotaxi malfunction was delivered to the authority

  • May Mobility, an autonomous ride-hailing startup, raised $111M Series C funding

  • Lime to pilot a camera-based advanced rider assistance system for riders on sidewalk in San Francisco and Chicago in August

  • HumanForest launched a shared e-moped in London with a full renewable energy

  • Autoliv and POC develop a bike helmet containing airbag inside

Location_In Vehicle_Technologies

  • Michelin acquired RoadBotics, a US-based startup for road infrastructure image analysis

Battery_Material

  • Panasonic to build a new battery plant in Kansas with up to $4B investment and $1B state incentive package

  • Panasonic plans to enhance its battery energy density by 20% by 2030

  • Ford and SK On finalized establishing a JV, BlueOval SK, for a new EV battery plant in the US

  • Volkswagen America partners with Redwood Materials to recycle EV batteries from its brands in the US

  • Umicore to invest $1.2B in a new plant for EV battery materials manufacturing in Ontario, Canada

  • Ganfeng Lithium, a China-based lithium compounds producer, to acquire Lithea, an Argentina-based lithium minor

REPORTS / ARTICLES

  • Fintech, ecommerce and mobility market trends in ASEAN countries, a Morgan Stanley report: SeaMoney and GoTo win over Grab in 2021 in fintech industry. Shopee by Sea is still at a top position in the region. Grab is still strong in mobility and delivery sectors. (Full article - TechinAsia)

  • in Q2 2022, EV sales jumped by 13% from Q1 and by 66% compared to Q2 2021 while the entire new vehicle sales dropped 20%+ in the US. (Full article - Cox Automotive)

More Readings...

  • Analysis: Chevy's electric Blazer SUV fights to stand out in a crowd (Reuters)

  • Drivers face black or white choice to speed up new-car delivery (Reuters)

  • For EV battery makers, it's go small or go home (Reuters)

  • The speedy downfall of rapid delivery startups (Wired)

  • Meet the all-electric RV startup steered by Tesla alumni (TechCrunch)

  • Battery recycling could be the next investor darling of the EV era (TechCrunch)

  • EV tax credits begin to phase out as more consumers look to electric vehicles to avoid high gas prices (SmartCitiesDive)


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