French automaker Renault to cut 2,000 jobs amid plans to boost EV line up
The company revealed plans to build nine new vehicles in France, of which most of them will be…
Cars
TCS to develop smart mobility system for Transport for London
13 Sep 21The contract won by the Indian firm is aimed at reimagining the administration of private hire vehicles and…
Toyota Motor to invest $13.5bn in EV battery technology by 2030
08 Sep 21The Japanese automaker to focus on developing nickel-metal hydride batteries and all-solid-state batteries, while developing a further advanced…
Renault’s Mégane E-TECH EV to use Qualcomm and Google technologies
07 Sep 21The next-generation EV from the French automobile manufacturer will leverage Qualcomm’s 3rd Generation Snapdragon Automotive Cockpit Platforms in…
Mobileye, ZEEKR partner to roll out safety technology for intelligent vehicles
30 Aug 21The partnership is expected to enable Mobileye to strengthen its position in the advanced driver-assistance systems (ADAS) industry
French automotive technology Faurecia to acquire Hella for €6.7bn
16 Aug 21The deal will enable Faurecia to create a top 10 global automotive supplier with a highly advanced technology…
Amazon-backed Rivian plans $5bn EV manufacturing plant in Texas
12 Aug 21To be called Project Tera, the proposed factory of the California-based company aims to manufacture close to 200,000…
McLaren to sell Applied technology division to Greybull
09 Aug 21The sale is part of the automotive company’s efforts to focus on its supercar manufacturing and elite motorsport…
Qualcomm offers to acquire automotive tech firm Veoneer for $4.6bn
06 Aug 21Veoneer, which had already signed a $3.8bn merger deal with Magna International in July, will evaluate the offer…
EV charging company Allego to merge with Spartan in $3.1bn deal
29 Jul 21The SPAC deal enables the Dutch firm to go public in the US