Automobile

  ABU DHABI / GULF TIME Driven by the design concept of “Intelligent Aesthetics”, each model of the high-end brand EXEED is committed to the deep integration of intelligent technology and visualarts, while conveying rich emotions through design and showing more modern beauty ofimagination. As the flagship model of EXEED VX actively appeals to the three elementsof “Precision”, “Purity” and ...

Bloomberg Electric vehicle maker Rivian Automotive will recall about 13,000 vehicles it delivered to customers after discovering a minor structural defect. Irvine, California-based Rivian is making the recall because a fastener “may not have been sufficiently torqued,” Chief Executive Officer RJ Scaringe said in a letter to customers that was seen by Bloomberg News. The nut could loosen fully in ...

  Bloomberg Hyundai Motor Group is contemplating building its first electric-vehicle plant several months earlier than scheduled amid disputes over a new US clean energy law, according to people familiar with the matter. The Seoul-based automaker is looking at whether it is feasible to complete construction of a US plant in Savannah, Georgia around October 2024, the people said, asking ...

  Bloomberg RoboSense, a Chinese developer of sensor technologies used in self-driving cars, is raising about $150 million in a new funding round to bankroll its product expansion, according to people familiar with the matter. The latest round has drawn investors including China Structural Reform Fund and Mirae Asset Securities Co., said the people, who asked not to be identified ...

Bloomberg In a surprise move, General Motors Co joined forces with the Environmental Defense Fund (EDF) to recommend tougher emissions rules for passenger vehicles. But skeptics remain unconvinced by the company’s professed commitment to going green, citing GM’s history of battling tougher fuel economy rules. GM and the EDF are recommending that the Environmental Protection Agency (EPA) establish standards ensuring ...

Bloomberg Mazda Motor Corp is considering a permanent exit from Russia after its invasion of Ukraine put a halt on the Japanese carmaker’s production in the country. The company said its withdrawal is under discussion as it sees no path to restarting production in Russia, following a Yomiuri report that said it had decided to pull out. The Hiroshima-based carmaker ...

  Bloomberg It was a bit surprising when Cruise, the autonomous vehicle startup that’s 80% owned by General Motors, said it planned to expand its robotaxi service to Phoenix and Austin over the next three months. The company had just recalled a previous version of its self-driving software that was in use when a car got in an accident with ...

Bloomberg The world’s biggest maker of batteries for electric cars said its largest plant in China is now operating a factory bubble as the city where it’s located is locked down to comply with Beijing’s zero-tolerance pandemic curbs. Contemporary Amperex Technology Co’s factory in Yibin has imposed a so-called closed loop system that will enable it to operate “in an ...

Bloomberg BMW AG plans to buy electric-vehicle batteries from six new factories to be set up and run by companies including Contemporary Amperex Technology Co Ltd and Eve Energy Co as the world’s biggest luxury-car maker attempts to overhaul its supply chain. Two plants each in Europe, China and North America will produce round lithium-ion cells that enable longer ranges ...

  Bloomberg Porsche said it’s still mulling an entry into the Formula 1 racing series after ending months of talks with Red Bull GmbH as a potential partner. Discussions faltered after the pair couldn’t agree on an “equal footing” on engine collaboration and team partnership, Porsche said. The stalling of the sports-car maker’s F1 aspirations come within weeks of Volkswagen ...