The innovative technology is expected to enhance the adoption of robotaxis and Tesla’s software services.
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The company has been embroiled in a dispute over governance with one of its major shareholders, FF Top Holding.
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In addition to the anticipated benefits from falling battery material prices, Rivian is also focusing on ramping up the production of its in-house drive unit.
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Production of the Emeya is slated to commence in 2024 at a factory located in Wuhan, China.
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To kickstart this initiative, Siemens Foundation will launch fast-track training programs in Michigan and North Carolina.
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This collaboration aims to accelerate the adoption of electric vehicles in India, particularly among micro, small, and medium enterprises (MSMEs).
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The project, known as Volta Energy Solutions, is valued at C$700 million ($514.37 million) and is anticipated to reach full production capacity by 2026.
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The Ohio-based Lordstown Motors, which filed for Chapter 11 bankruptcy, has presented a plan to repay its debts and shareholders, including Foxconn.
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The Dolphin model, designed to compete in Japan’s growing EV segment, will be offered in regular and long-range versions.
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The collaboration is aimed at enhancing the distribution and sales of Enigma’s electric 2W lineup across the nation through AutoEVmart.