[Week 3, Mar 2022] Mobility News Archive

News

Automotive

  • BMW cut 2022 profit margin forecast (EBIT 7-9%) due to supply chain issues; EV plans is still unchanged (2021 Group Report)

  • BMW teased i7 as the first all-electric luxury sedan; 600km driving range

(Source: BMW)

  • BMW and Volkswagen warned supply chain issues in automotive industry due to Russia's invasion

  • Volkswagen joined Initiative for Responsible Mining Assurance (IRMA) to meet ESG

  • Volkswagen may get a scrutiny for sudden braking in 2 models in the US

  • Volkswagen's Porsche Taycan is already sold out for 2022; expect faster EV growth

  • Porsche sets a goal for 80% sales with all-electric by 2030

  • Porsche to build its own global charging station network starting from Germany in next year

  • Ford's EV plan in EU - all vehicle sales with zero-emission by 2035: to launch 3 new passenger & 4 commercial EVs in EU by 2024; to sell 600K+ EVs per year by 2026; to increase production in Cologne, Germany; signed a MoU with SK On & Koc Holdings for EV battery development; and more

  • Ford Otosan, the JV with Turkey's Koc Holdings, to buy Ford Motor Co's Romania plant

  • Ford to deliver some Explorers without chips for rear seats climate controls

  • Ford developed Carbon 3D printers and KUKA-built robots talking to each other in same language without human interactions

  • Ford's new EV model in EU to have Volkswagen's MEB platform again

  • GM acquires Softbank's stake for the ownership of Cruise at $2.1B

  • GM to launch 2 new Super Cruise functions this summer: automatic lane change and trailering

  • GM to start Cadillac LYRIQ production next week and reopen orders in May

  • GM recalls Hummer EV pickup truck due to a software issue in taillights

  • Renault, the largest auto maker & seller in Russia lost 40% share price; chairman said the war is not threaten

  • Volvo and Starbucks to pilot 60 chargers at up to 15 stores from Denver to Seattle

  • Stellantis to slow down its production in Italy due to chip shortage

  • Maserati to offer all lineups with electric by 2025; to start from GranTurismo EV with 1.2K horsepower

  • Mercedes-Benz opened a R&D center in Shanghai focusing on connectivity, autonomous driving and data

  • Honda to upgrade its Ontario, Canada, plant with $1.38B investment including funding from feds and province

  • China's COVID impacts on car productions: Toyota & Volkswagen factories suspended

  • Auto makers are inspected by EU due to a suspicion of breaching cartel rules for recycling of end-of-life cars

  • Tesla halted Shanghai factory production for 2 days due to COVID restriction

  • Tesla increased price of all lineups: Model 3 from $47K, Model Y from $63K; Model S from $100K; Model X from $115K

  • Tesla started Full Self-Driving Beta 10.11 update to Early Access Program

  • Rivian named former Magna's executive as its COO

  • Lucid may raise price for future models due to inflationary pressure

  • XPeng also to increase price due to cost pressure of raw materials

  • Washington, US, to end new gasoline vehicle sales by 2030, 5 years ahead of California

  • Einride, a Swedish autonomous freight tech company, unveiled a remote pod operator


Lastmile_Micromobility_Logistics

  • Bird 2021 financial results: $205M revenue (increase 117% YoY); $91M ride profit before vehicle depreciation; -$196M net loss - Read full IR report

  • GoTo, a merged company between Gojek & Tokopedia to go public in April in Indonesia and raise $1.1B

  • Zomato, a food delivery service, to acquire Blinkit, an instant grocery delivery service, with value up to $750M

  • Getir, an instant delivery startup, raised $768M Series E funding

  • Fridge No More and Buyk to close fast grocery delivery service in New York City

  • Moove, an African vehicle financing company for ride-hailing drivers, raised $105M funding

  • Motto, a French startup, launched e-bike subscription service in Paris

  • Bear Robotics, a food robotics startup for restaurants, raised $81M Series B funding

  • Whale Dynamic, a Chinese autonomous delivery startup, raised $2.5M seed funding


Location_Technology

  • Google map was temporarily in outage

  • Google launched two solutions for last-mile delivery businesses - last mile fleet solution & cloud fleet routing API


Battery_Chips_Materials

  • Intel to build a new European semiconductor factory in Magdeburg, Germany, as a part of €80B investment

  • Northvolt to build a lithium-ion battery plant in Germany with a plan to produce batteries in late 2025

  • Gogoro unveiled new SSmartcore platform boosting processing speed and connectivity of vehicles' control units


Reports & Articles

  • Creative ways of OEMs to respond to chips shortage: Ford removes SUV's rear seat climate controls; BMW deletes touchscreen and park assist systems; GM removes heated and vented seats from SUVs; and more - Read full article (Forbes)


More Readings...

  • Seatrec's self-replenishing batteries could make ocean research cheaper (Emerging Tech Brew)

  • It's a perfect time for EVs. It's a terrible time for EVs (Wired)

  • China's tech firms in limbo amid COVID resurgence, US scrutiny (TechCrunch)

  • SLS vs. Starship: Rockets compared as NASA, SpaceX eye Moon and Mars (Newsweek)


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