24 x 7 World News
Browsing Category

auto

Volvo wants to drop coking coal to lower CO2

The Hydrogen Breakthrough Ironmaking Technology, or Hybrit — developed by steelmaker SSAB, iron ore producer LKAB and energy company Vattenfall — replaces coking coal with hydrogen.Traditionally, oxygen is extracted from iron ore using…

Li Auto expects lower Q3 sales due to chip crunch

Li Auto, citing supply-chain woes, revised down its target for third-quarter deliveries to around 24,500 vehicles from a previous estimate of between 25,000 and 26,000. The automaker's millimeter-wave radar supplier has seen its chip…

GM develops Ultium Drive system in-house

General Motors' upcoming generation of electric vehicles, powered by a new Ultium Drive three-motor system, will be designed in-house and will include integrated power electronics to reduce costs and manufacturing complexity while reducing…