Nick Carey
Stories by Nick Carey
Marubeni invests $5m in UK EV battery recycling firm Altilium
The investment is part of Altilium's Series B fundraising.
EU govts waver over additional Chinese EV tariffs as trade spat escalates
Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs.
Chinese EV makers looking to beat legacy automakers on home turf
Chinese EV titans BYD, Chery, and Great Wall Motor are preparing a fusillade of product launches.
Chinese EV maker Aiways to go public in US via SPAC merger
Aiways is among a group of struggling Chinese EV startups that have suspended operations amid sluggish sales.
SoftBank leads $1b funding for UK self-driving startup Wayve
Nvidia and Microsoft also contributed in the Series C funding round.
European automakers, suppliers brace for a rough ride as Chinese EVs make inroads
Chinese rivals are highly vertically integrated, producing almost everything in-house and keeping costs down.
SoftBank buys $514m majority stake in Dublin-based car software firm Cubic Telecom
The deal gives Cubic a valuation of over 900 million euros.
China’s Gotion High Tech buys 25% stake in Slovak EV battery startup Inobat
Gotion said last year that it plans to locate one-third of its production capacity outside China by 2025
LG Corp, UOB Venture Management back self-driving startup Venti’s $28.8m funding
Venti has been developing its self-driving for vehicles for the last three years.
Nissan to buy up to 15% in Renault EV unit under rejigged alliance
The alliance junior partner Mitsubishi Motors will also consider investing in Ampere.
