NEWS

Autoliv’s Electronics Unit Hikes Sales 48% Ahead of Spinoff

5/31/2018

Airbag supplier Autoliv Inc. says its electronics business boosted sales 48% to $1.1 billion over the past 12 months.

China’s SF Motors to Begin EV Production in Indiana Next Year

5/31/2018

SF Motors Inc., a Chinese-owned company based in California, says it will begin making all-electric cars in Indiana late next year.

DHL Opens 2nd Electric Van Plant in Germany

5/31/2018

Deutsche Post DHL Group’s StreetScooter GmbH subsidiary has opened its second German manufacturing plant for electric delivery vans.

Waymo to Add Another 62,000 Minivans for Autonomous Fleet

5/31/2018

Alphabet Inc.’s Waymo driverless vehicle unit plans to buy as many as 62,000 more Chrysler Pacifica minivans so it can expand its tests of driverless shuttles acrosst the U.S.

U.S. to Impose Steel, Aluminum Tariffs on Canada, EU, Mexico

5/31/2018

The White House says it will begin protective tariffs at midnight on Thursday on aluminum and steel imported from the European Union, Canada and Mexico.

GM’s Stock Zooms as Cruise Automation Unit Lands $2.3 Billion Investment

5/31/2018

Japan’s SoftBank Vision Fund is investing $2.3 billion in General Motors Co.’s Cruise Automation unit.

Four Carmakers in Talks with Kenya’s Local Assembler Simba Corp.

5/31/2018

Kenya’s closely held Simba Corp. tells Bloomberg News it is in talks with four carmakers about assembling their vehicles locally.

JLR Expands Development of Off-Road Autonomous Tech

5/31/2018

Jaguar Land Rover Ltd. is investing of £3.7 million ($4.9 million) to further develop autonomous vehicle technologies for off-road driving.

Takata Fund Offers Three Ways to File Claims for Airbag Inflator Injuries

5/31/2018

Two funds set up last year to compensate victims of exploding Takata Corp. airbag inflators will accept three types of claims covering personal injuries or wrongful death.

China, Japan in Talks to Unify EV Charging Standards

5/31/2018

China’s state-owned electric utility, State Grid Corp., has offered to collaborate with Japan’s CHAdeMO Assn. to develop a common standard for systems used to charge electric vehicles.