Honda Motor and Japanese trading house Mitsubishi Corporation will join forces to explore new business opportunities in the electric vehicle battery segment, according to local reports.
The news came shortly after Toyota announced an alliance with Japanese energy group Idemitsu Kosan to develop solid state batteries for EVs, reports GlobalData.
Sinclair Jaguar Land Rover has relocated its Swansea showroom to a flagship five-acre site.
The premises on Riverside Business Park, Swansea Vale are two miles from the previous location on Swansea Enterprise Park and can hold 12 models in the showrooms and feature a drive-in service reception area .
Volta Trucks has filed for bankruptcy putting around 600 UK jobs at risk in Warwick, Coventry and Reading.
The Swedish firm put its distinctive 16-tonne electric truck into production in April, but has run into difficulties after its battery supplier, Proterra, filed for for Chapter 11 Bankruptcy in the US in August, reported the Financial Times.
Oil producers expect further growth in sales this year and into next.
They said last week that demand is rising again as the world economy recovers and China in particular is producing more goods once more, Reuters reports.
Volvo Cars is taking its public charging offer for European customers to the next level by introducing a host of new and convenient features – all accessible through the Volvo Cars app.
It has a new partnership with one of the largest electromobility providers, Digital Charging Solutions, which will be rolled out to customers in Europe by the end of November, just in time for the holidays.
Year-to-date (YTD), there have been 60 million units sold, marking an increase of 10.2% YoY, according to Global Data.
For another month, the USA, Western and Eastern European countries all registered double digit YoY growth, partly due to 2022 being a weak base and partly because of an alleviation in supply-side issues, while Chinese sales grew 5.7%, driven by a booming export sector.
A new project, led by UK-based Horiba MIRA, will reduce the testing cost of autonomous vehicle tech by 40%, allowing the industry to push towards cheaper self-driving vehicles as it stumbles over high development fees.
Called Certus, the project will also aim to “significantly reduce the most risky, timely and costly part of the automotive design process” as well as increase the safety of these next-generation systems.
Professional drivers can now view their Driver Certificate of Professional Competence and tachograph information on the Driver and vehicles account.
It is the latest change in digital services at the DVLA which has been struggling to cope with paperwork and also streamlines their information for professional drivers.
As 14.8 million workers return to the office, a new study by office search agency, Sketch Labs, finds that London and Birmingham are the most expensive cities to park in the UK with the average cost of parking for a full-time employee in London is a whopping £5,102 per year, while the average cost in Birmingham is £2,746.
Whereas, the least expensive cities to park in are Coventry and Bradford, with an average cost of £2,191 annually.