Month: January 2022

Semiconductor manufacturer Infineon expects shortage of its core product to be over next year, with the situation improving in summer, a top executive said. “I assume that we will be able to cover demand well in 2023,” the head of Infineon’s automotive unit, Peter Schiefer, told Automobile News Europe sister publication Automobilwoche. “The last issues
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Renault, Nissan and Mitsubishi Motors plan to triple their investment to jointly develop electric vehicles, two people with knowledge of the plan told Reuters. As established automakers face pressure from new competitors and an expected shift in demand toward EVs, the French-Japanese alliance is seeking to deepen cooperation. The three are expected to announce on
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Some major automotive suppliers won’t just be rolling out new driver-assistance technology in the coming years. They also will be deploying health technology aimed at detecting COVID-19, alerting someone to signs of a heart attack and purifying the air in vehicles. “Our technologies make mobility cleaner, safer and smarter,” Valeo Deputy CEO Christophe Perillat said
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Kensington Capital, whose blank-check companies have already taken public QuantumScape and Wallbox has tapped former Daimler chief Dieter Zetsche as vice chairman for a fourth automotive-focused special purpose acquisition company. Its latest SPAC, Kensington Capital Acquisition Corp IV, filed Thursday to raise $200 million in an initial public offering. The company said it will focus
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Autonomous robots were a major focus this year at CES, from roaming device demonstrations on the exhibit floor to virtual presentations discussing emerging trends in the space. Autonomous-delivery startup Ottonomy used the Las Vegas event to spotlight its Ottobot, the company’s newly named delivery robot capable of navigating “crowded and unpredictable environments” and working indoors
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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Jim Butler Auto Group, Faulkner Automotive Group, Horne Auto Group and Coughlin Automotive Group each expanded their dealership portfolios with acquisitions in either late in the fourth quarter of 2021 or early in January 2022. Here’s a look at the deals involving domestic-, import- and luxury-brand dealerships. Missouri growth Jim Butler Auto Group expanded its
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When riders fled public transit during the early throes of the pandemic, Local Motors suffered from shelved orders for its 3D-printed autonomous Olli shuttle. When orders returned and then proliferated, the ongoing chip shortage stymied the company’s ability to fulfill them. The double whammy of the coronavirus and supply chain constraints emerged as two central
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The 2022 Lexus LS is not an exercise in restraint, but it may look so compared to some of its competitors. This lineup tops out about where some of its German competitors begin, so it’s easy enough to overlook the fact that it is not as opulent. We rate it at a 9 out of
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BEIJING — China’s state planner said on Friday that restrictions on purchases of new energy vehicles (NEVs) will be gradually removed in various parts of the country in a “vigorous” push to promote NEVs and “green consumption.” The Chinese government uses the term new energy vehicles to refer to low-emissions vehicles including plug-in-hybrid, full-electric and
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At a time when the auto industry is hungrier than ever for technological innovations, new patent awards are on the decline. The number of new U.S. patent grants fell 7 percent in 2021. While there was little change in which automotive companies ranked as the top five for receiving patents last year, all but one
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What kind of vehicle is the 2022 Lexus LX? What does it compare to? The redesigned LX 600 is a three-row SUV that can seat five or seven passengers—or just four in the new Ultra Luxury grade. It competes with everything from the Infiniti QX80 to the Jeep Grand Wagoneer and BMW X7.   Is the
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