Hino Motors, Ree Automotive Partner To Bring New Technologies To Commercial Vehicles
Hino Motors, the Toyota subsidiary that makes commercial vehicles and diesel engines, is forming a strategic alliance with Israeli-based REE Automotive, a manufacturer of modular platforms to support autonomous vehicles. The goal is to combine Hino’s expertise in commercial vehicles…
Electric Vehicle Battery Group Raises $2Bn In Korea’s Biggest IPO In 4 Years
The company priced the offering at Won105,000 per share or the top of a marketed range, according to a stock exchange statement. Demand for shares outweighed the number on offer by 1,883 times as institutional investors bet on growth in…
Honda Promises To Make Only Emission-Free Vehicles In The Future
Honda became the latest automaker to promise an emissions-free future. In his first press conference as CEO of the Japanese automaker, Toshihiro Mibe said the company “will strive” to sell only battery-electric vehicles and fuel cell electric vehicles by 2040…
EVLOMO And Rojana To Invest $1.06B To Build 8 GWh Battery Plant In Thailand
EVLOMO Incorporated and Rojana Industrial Park Public Co., Ltd. announced plans to setup an 8 GWh Lithium Battery plant in the EEC of Thailand. Together, the companies will invest up to a total of $ 1.06 billion through a new…
Xiaomi Might Be Working On An Electric Car To Launch Before Apple
Apple Car rumors began resurfacing late last year. Suddenly, Apple’s purported plans to launch an autonomous electric vehicle of its own design were featured in an increasing number of leaks. They detailed the company’s intention to partner with an established…
Australian Lithium Miner Ready For ‘Dynamic Shift’ In EV Battery Supply Chain Amid US-China Tensions
Australian miner Hawkstone Mining has successfully produced battery-grade raw lithium at its Arizona mine that would be valuable to US critical mineral and battery supply chains amid a global race to step up security in key sectors. As the United…
Japanese Truck Manufacturers Launch Development Joint Venture
The Japanese manufacturers Toyota, Hino and Isuzu want to establish a new joint venture on 1 April to promote so-called CASE technologies (Connected, Autonomous, Shared, Electric) in the commercial vehicle sector. Unsurprisingly, this also involves electric drive systems. Basically, the…
Foxconn And Vietnam’s VinFast Explore Partnership, Talks Focus On Batteries, EV Parts
Vietnam’s largest conglomerate Vingroup said its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts. Foxconn has proposed acquiring EV production lines…
Volvo Group Venture Capital Invests In EV Charging Software Company Driivz
Volvo Group Venture Capital AB has invested in Driivz Ltd., a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. The Driivz platform functions as an operating system for…
Nissan Using Second-Life LEAF Batteries In Factory AGVs
Nissan has begun using second-life battery modules from first-generation LEAF electric vehicles as the power supply for automated guided vehicles (AGVs) in its plants. At Nissan’s Oppama plant, south of Tokyo, there are more than 700 AGVs. Globally, Nissan has…
