NEWS
Automotive
Ferrari's 2022-2026 business plan: to launch 15 new models over next 4 years; to change 40% in EVs and 40% in hybrids of sales by 2030
Ford recalls 2.9M and 394K vehicles in the US and Canada respectively due to damaged or missing part potentially rolling cars after parking
Ford recalls 49K Mustang Mach-E vehicles in the US due to overheating and losing propulsion power issues
GM raised Hummer EV pickup by $6K+ due to higher commodity and shipping costs
GM to invest $81M in Detroit tech center for hand building Cadillac Celestiq, a new flagship EV
GM Chevy Blazer EV to be officially unveiled in July for sales from 2023
Sony and Honda officially agreed to establish an equally owned JV for EVs to be sold in 2025
Toyota was pointed out its slower speed of transition to electric vehicle by investors; the auto maker argues the need of various car choices
Hyundai to launch an affordable EV model for India
Stellantis to leave ACEA, European carmaker association, by the end of 2022 and launch a new forum
Porsche to pay $80M for car owners in the US over skewed emissions and fuel economy test for models from 2005 to 2020
Tesla increased Model Y long-range price by 5% in the US and China
VinFast offers complimentary 3-year free charging or Level 2 home charger option for US buyers; 1 free year smart driving package for US and Europe buyers
VinFast to open 50 stores across Europe; 4 senior executives left as their contracts are ended
Rivian to delay again its R1S SUV delivery to pre-ordered customers
GM, Ford, Stellantis and Toyota urged the US Congress to lift the number of EV cap for $7,500 tax credit
Green Mobility Holdings, a consortium led by Volkswagen, acquired 87%+ of Eurocar's share
Electric Last Mile Solutions, a US-based commercial e-van maker, to file for bankruptcy less than 1 year after going public via SPAC
Lastmile_Micromobility_Logistics
Amazon to launch its first drone delivery in Lockeford, CA later this year once acquiring a federal permit
Lime tests a new shared e-motorbike model in Long Beach, CA; to withdraw shared e-scooter operations from South Korea
Honda launched a micro-mobility business named Striemo, and unveiled a 3-wheeler e-scooter
Wonder, a NY-based mobile restaurant delivery service, raised $350M Series B funding
Rohlik, a Prague-based grocery delivery startup, raised €220M Series D funding
JOKR, an on-demand food delivery company, withdrew from the US market and focus on Latin America
HungryGoWhere resumed its service in Singapore after acquisition by Grab
Location_Technology
Valeo to supply Stellantis its Scala lidar for SAE Level 3 autonomous driving
Google Maps to offer a new Android widget for displaying traffic status; and a new app function to show routing options with different toll prices
Waymap, a navigation for visually impaired people, completed 2 weeks trial in Washington DC metro
Metropolis, a parking facility startup, raised $167M Series B funding
TuneIn partners with Rivian to install radio streaming service in R1T e-truck
Battery_Chips_Material
BMW to test Our Next Energy's Gemini battery storing energy for 960km+ in iX e-SUV
LG Energy Solution to invest ￦730B to expand domestic battery production capacity
EV Safe Charge unveiled ZiGGY, a mobile robot charging EVs at any spots in a parking lot
Blink Charging to acquire SemaConnect, a EV charging infrastructure solutions provider
Aviation
Overair, a California-based eVTOL startup, raised $145M funding to complete a prototype by 2H 2023
REPORTS & ARTICLES
US NHTSA's report: Tesla cars represented 70% of reported crashes with Level 2 driver assist system since June 2021 in the US. Followed by Honda, Subaru and Ford. The crashes have been mandatorily reported based on an order of NHTSA. The authority says the data still has gaps. (Full article - CNBC)
More Readings...
Column: Goldman sparks bear-bull battle in the lithium market (Reuters)
GM CEO says 'we are selling every truck we can build' (Reuters)
VW U.S. chief warns of industry challenges with EV battery shift (Reuters)
Voi launches vision statement to inspire citizens and decision-makers on how we can transform cities (voi)
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