BYD Acquires an Internet Insurance Company for $530M
Pandaily -
According to Chinese commercial information query platform Tianyancha, BYD’s proposed acquisition worth 3.6 billion yuan ($530 million) for Yi’an Property Insurance Co., Ltd. was...
S&P: US Automotive Market Share Wars will Resume in 2023
Recovering inventories are increasing dealer stock, while interest rate hikes and economic headwinds will dampen demand – forcing OEMs and dealers to make deals...
Ouster and Velodyne Announce Combined Company Board of Directors in Anticipation of Closing of Merger of Equals
Ouster, Inc. a provider of high-resolution digital lidar and Velodyne Lidar, Inc. a global player in lidar sensors and solutions, announced the proposed designations...
Wolfspeed and ZF Announce Partnership for Future Silicon Carbide Semiconductor Devices
Wolfspeed, Inc. and ZF, announced a strategic partnership that includes the creation of a joint innovation lab to drive advances in Silicon Carbide systems...
Proximity to electric vehicle charging stations positively impacts home values
New study shows home values rise up to 5.8%
University of Rhode Island
A new study finds that proximity to electric vehicle charging stations (EVCSs) can...
GM and Lithium Americas to Develop U.S.-Sourced Lithium Production
General Motors Co. and Lithium Americas Corp. announced they will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest...
CATL Invests $3.52B in Battery Recycling Base
Pandaily -
Leading Chinese battery firm CATL announced on January 15 that its subsidiary, Brunp, plans to invest 23.8 billion yuan ($3.52 billion) in Foshan, Guangdong...
2022 UK car production down but EV output surges to new record
Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output.
Record levels of electrified vehicle...
onsemi and VW Cement Strategic Collaboration on Silicon Carbide Tech for Next-Gen EVs
onsemi a global supplier of intelligent power and sensing technologies, announced that it signed a strategic agreement with German Volkswagen AG (VW) to provide...
Insights on the EV Battery Reuse Global Market to 2031
The global EV battery reuse market size was valued at $0.2 billion in 2021, and EV battery reuse industry is projected to reach $3.9...