News
Automotive
Nio 2021 financial results: 91,429 vehicles delivered (YoY 109% increase); $5.2B total revenues (YoY 122% increase); 20.1% vehicle margin; $630M net loss (YoY 24% decrease); expect to deliver 25K to 26K vehicles in Q1 2022 and launch 3 new products in this year - Full IP Report
Nio's ET7 luxury sedan is ready to be delivered to reservation holders
Tesla officially opened Berlin gigafactory; Elon Musk handed over first 30 cars from the German plant
Tesla's Master Plan Part 3: AI, automaker's operations, SpaceX and Boring Company
US SEC's $40M distribution proposal from 2018 settlements with Tesla and Elon Musk is approved
Renault to halt Moscow plant operations while still seeing options on its stake in Avtovaz
GM to start an import business from the US to China focused on premium vehicles and brands
GM to halt pickup truck production in Indiana factory for 2 weeks in April due to chip shortage
GM's 2023 Cadillac Lyriq, the brand's 1st EV, is in production; earlier than its original schedule
Ford's 2022 F-150 Lightning to have 320 miles electric range; higher than Rivian R1T but lower than GMC Hummer EV
Ford created autonomous vehicle development unit in recent reorganization
Ford partnered with Cisco to have Webex to support in-car meetings
Stellantis unveiled new 3.0 liter twin-turbo I-6 engine, Hurricane
Lucid and BYD to use Nvidia's Drive Hyperion platform for self-driving solutions
Polestar started to sell Polestar 2, single-motor version with 270-mile range, in the US
Nikola started electric semi-truck production on Mar 21 for 300 to 500 deliveries in this year
Maserati unveiled Grecale, a new electric compact SUV, as a part of all-electric vision by 2030
Bosch stopped truck components delivery to Russia due to a misuse for military vehicles
Lastmile_Micromobility_Logistics
Waymo is ready to launch fully self-driving taxis without person behind the wheel in SF
Toyota and Aurora started autonomous ride-hailing fleet test in Texas
Bridgestone acquired minor stake in May Mobility, a Michigan self-driving shuttle startup
FedEx to test electric carts in major US and Canadian cities considering lack of parking space
Spin's e-scooters to be available in Lyft app in 60 US cities by the end of 2022
Uber to include NYC taxis, Curb and CMT, in its app; a big expansion into taxi market
Bird is testing a battery-powered attachment on wheelchairs in NYC
Zomato to deliver foods in 10 min starting from April in Gurugram, India
The Routing Company, an on-demand ride-hailing service to public transit, raised $15M Series A
Kyte, a US-based rental car delivery to door service, raised $200M funding
PIX Moving, a Chinese automotive skateboard developer, raised $11M Series pre-A
Kwik, a Nigerian & French B2B logistics startup, raised $2M Series A funding
Location_Technology
Nvidia to provide ground truth map in North America, Europe and Asia by 2024 for autonomous driving
Luminar, a Lidar company, to acquire Freedom Photonics, a laser manufacturer
Arizona, US, to offer residents a digital driver's license or state ID storing in Apple Wallet
Battery_Chips_Materials
Stellantis & LG Energy Solution to build an EV battery plant in Canada through a JV and $4.1B investment
LG Energy Solution to build a battery factory in Arizona, by 2024 with $1.4B investment
Volkswagen to establish a JV with Huayou Cobalt and Tsingshan for stable nickel & cobalt supply in China
Nio, Geely, Aulton and Sinopec to build 24K EV battery swap station across China by 2025
BYD partners with Shell for EV charging network and home energy solutions in EU and China
Suzuki Motor to invest $1.3B for EV and battery productions in India
Ola Electric, an Indian e-scooter manufacturer, invested in StoreDot, ultra fast-charging battery maker
Lithium-ion battery capacity may increase to 5,500 GWh by 2030; five-fold from from 2021
Aviation_Space
Chief executives of several airlines in the US urged the federal gov't to lift mask mandate and test requirements
Blue Origin to fly with 6 people in March 29; 1 frontier employee and 6 paid customers
Terra Drone, a Japanese urban air mobility startup, raised $70M Series B round
SpaceX Starlink price to increase; $599 for kit, $110 for monthly subscription
Reports & Articles
Due to high gas price, driving EV is 3 to 6 times less costly than combustion-engine vehicles in the US. - Read full article
The concept of EV battery swapping started in the late 1800s Gilded Age. Tesla also had a pilot; now China is leading it. - Read full article
An interview with the CEO of Call2Recycle. Highlighting the importance of safe management on batteries reaching end-of-life, particularly in the EV era, and how. - Read full article
More Readings...
Nio prepares for gruelling financial driving test (Reuters)
Tesla spends the most R&D and least in advertising per car sold (Electrek)
Hyundai's solar car roof isn't as dumb as it sounds (TechCrunch)
China's EV upstarts are building their own investment powerhouses (TechCrunch)
Inside GoTo's high-stakes, very badly timed IPO (Rest of world)
Thinking of swerving high fuel prices with an e-scooter or e-bike? 5 crucial questions answered (The Conversation)
EV affordability threatened by cobalt prices: Did the US let resource control lapse over oil? (Green Car Reports)
Have you enjoyed?
Subscribe a weekly newsletter now and meet us on every Monday in your e-mailbox!