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LG Chem Launches “Battery Challenge” for Startups
10/19/2018South Korea’s LG Chem Ltd. is holding an innovation contest for startup companies developing next-generation battery technologies.
VW, SAIC Will Launch EV Production in China in 2020
10/19/2018The 50:50 venture between Volkswagen AG and SAIC Motor Corp. says it will begin making all-electric vehicles for the Chinese market in the second half of 2020.
LMC: Modest Global Growth Ahead for Car Sales
10/19/2018The global car maker will total about 95 million units in 2018, up only 1% from the previous year, when sales rose 3%, says LMC Automotive.
British MPs Call for Ban on Piston Engines by 2032
10/19/2018A British government panel says the U.K. should ban the sale of piston-powered vehicles by 2032—eight years sooner than currently targeted.
China’s Economic Growth Slows to 6.5%
10/19/2018China’s gross domestic product expanded by an annualized 6.5% in July-September, the lowest quarterly rate in nine years.
TenCate to Supply Composites for Aston Martin Valkyrie
10/18/2018California-based TenCate Advanced Composites, which is part of Japan’s Toray Group, says it will supply carbon fiber and other composite materials for Aston Martin Lagonda Ltd.’s upcoming Valkyrie hypercar.
Trump Threatens Mexico on NAFTA Update
10/18/2018President Donald Trump hints that he may might upend the tentative trade agreement with Mexico unless that country stops a caravan of migrants from entering the U.S.
U.S. Probes Tailgate Flaw in F-Series Trucks
10/18/2018The U.S. has opened an investigation into complaints about power-assisted tailgates of heavy-duty Ford F-Series pickup trucks opening unexpectedly when the vehicle is moving.
Ford to Build More GT Supercars
10/18/2018Ford Motor Co. plans to build 350 additional GT supercars and extend production through 2022 model year.
Daimler Invests in New Zealand HMI Firm
10/18/2018Daimler AG is making an unspecified investment in Soul Machines Ltd., a New Zealand-based company that specializes in digital personal assistant systems.