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VW and Mercedes arrange battery supplies in Canada

Volkswagen Group and Mercedes-Benz Group have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords. The memorandums of…

Denso creates electric motor for Lilium Jet

OKYO тАФ Denso Corp.'s bold new move into air mobility is taxiing for takeoff with a new motor developed for a funky, futuristic all-electric jet aircraft. The motor is the first outcome of an alliance forged in 2019 between the Japanese…

Toyota satellite investment points to auto future

Low-Earth orbit satellites also provide ultrafast connectivity. Lanctot, of Strategy Analytics, said automakers could use satellite-based communication for a range of applications, including diagnostics, emergency response, software…

Tesla cuts waiting time for Model Y cars in China

SHANGHAI -- Tesla has cut the delivery waiting time for its Model 3 and Model Y cars in China as it ramps up output at its Shanghai plant after upgrading production lines. The waiting time for the rear-wheel drive Model Y SUV is now four…

How the CHIPS Act could help the auto industry

The bill comes 18 months into a disruptive global microchip shortage that has crimped auto production worldwide and sent average vehicle transaction prices soaring. Automakers have cut 13.5 million vehicles out of their factory schedules…