News
Key takeaway from Tesla's Q4 2021 earnings:
$2.6B operating income (14.7% margin); $2.32B net income (YoY 760% increase); $2.52 adjusted earning per share
$17.72B revenue (YoY 65% increase ); $16B from automotive (YoY 71% increase)
Challenges: Continuing chip limitation and no new vehicle models in 2022
Expectations: To expand factory capacity beyond 600K cars per year; to minimize production cost with large castings, structural battery pack and 4680 cells; To expand Full Self-Driving
Read full IR Report and one more about Tesla:
Tesla Bot is more important than new car models in this year
Tesla unveiled Semi e-truck with no plan for production and delivery
Tesla's Fremont is the most productive car factory in North America followed by Toyota
Check out more:
Hyundai Motor: ￦1.53T ($1.3B) operating profit (4.9% margin); ￦31T ($26B) revenue (YoY 6.1% increase)
More earnings to come: GM (Feb 1); Ford (Feb 3)
Waymo sued California DMV to keep driverless crash data secrete
A new report says human drivers should not be legally accountable in autonomous car era
New EV average price increased by 18.6% over a year in US: details for Ioniq5, Niro and more
Ford Pro started E-Transit production and showed telemetics experience in a real farm
General Motors to hire 8K new employees in this year
General Motors & LG Energy Solution to invest $2.6B for a new 50GWh battery cell factory in US
General Motors to invest $7B to boost full-size e-pickups production
Foxconn to roll out electric pick-ups in collaboration with Lordstown in 2H 2022
Foxconn and Indonesia gov't signed MoU for investment on EV battery ecosystem
Renault Nissan Mitsubishi Alliance to invest $25.8B to have 35 EVs by 2030
Lamborghini to introduce vehicles with electric motors for hybrids starting next year
Lamborghini to go on action with 5 NFT art pieces liking digital and physical elements
Porsche's PCM 6.0, an upgraded infotainment interface including Spotify
Kia recalls 410K+ vehicles in US due to airbags concerns
Stellantis to export commercial vans produced in Russia to Europe
Jidu, Baidu's EV subsidiary, raised $400M funding for level 4 autonomous driving
Geely and Lifan set up a JV, Livan Automotive, to compete in battery swapping sector
Nio opened its first battery swapping station in Norway, plan to 19 more in EU this year
Blink Charging to supply Level 2 EV chargers at Bridgestone's auto care centers in US
Audi became a connected vehicle data partner of Otonomo
Lightyear, a Solar EV startup, tested its flagship vehicle and showed better efficiency
May Mobility, a self-driving shuttle backed by Toyota & BMW, raised $83M funding
Hyundai Mobis invested in Zendar, a high-resolution radar startup
Self-Driving Coalition lobbying to DC, renamed to Autonomous Vehicle Industry Association
#Lastmile_Micromobility_Logistics
Lime is the most-mentioned micromobility in media in 2021 followed by Spin and Voi
HumanForest planned to launch e-mopeds in London, but delayed due to safety concerns
Ola Electric raised $200M funding round with a value at $5B
Zapp, instant grocery delivery startup, raised $200M Series B funding
Cowboy, a Belgian e-bike startup, raised $80M Series C funding
Starship Technologies, autonomous delivery robot company, raised €50M from EU
TVS Motor acquired a 75% stake in Swiss E-Mobility Group, an e-bike maker
Domino's signed a deal with Flirtey for drone pizza delivery trial in New Zealand
US DOE & DOT to establish a joint office for 500K EV charing station network
Washington DC's new law requires buildings to install EV charging infrastructure
UK launched a new org and ￡5.5M funding to support cycling and walking infrastructure
Boeing invests additional $450M in Wisk Aero, self-flying air taxi JV with Kitty Hawk
SpaceX Falcon 9 booster is on a collision course with the moon
SpaceX delayed Falcon 9 rocket launch due to a bad weather
SpaceX won US Air Force contract to transport military supplies using a rocket
Maersk to install offshore electric charging stations for vessels to reduce carbon emissions
Hyundai Motor to develop a hydrogen marine mobility platform to replace diesel ships
Reports & Articles
Please make a dumb car (TechCrunch)
Ready to electrify your vehicle fleet? EV fleet tech providers want to help (Morning Brew)
5 U.S. cities where bike commuting is booming (Bloomberg CityLab)
8 trends shaping cities in 2022 (Smartcitiesdive)
Google collects a scary amount of your data, but there's a way to delete it (Cnet)
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