- Bill Gates-backed vehicle battery supplier to go public through SPAC deal – CNBC: A battery supplier for electric vehicles backed by Microsoft co-founder Bill Gates and Volkswagen is the newest automotive company to announce plans to go public through a special purpose acquisition company, or SPAC.
- VW-backed US battery maker QuantumScape to go public at $3.3 billion valuation – Guardian:
- General Motors, Honda to form strategic alliance in North America – Reuters: General Motors, Honda to form strategic alliance in North America
- Tesla’s Musk praises CureVac as among most innovative firms – source – Reuters: Tesla’s Musk praises CureVac as among most innovative firms – source
- Daimler opens high efficiency Plant 56 – Just-Auto: Daimler claims its new Factory 56 at Sindelfingen, Germany, is 25% more energy efficient than its previous Mercedes-Benz S-Class assembly plant.
- Another EV Stock Is Coming. This Time It’s All About the Batteries – Barrons: … the SPAC’s chairman and CEO, began his career at General Motors (GM) before moving to investment banking focused on the automotive sector.
- Daimler plans new autonomous truck test centre – Just-Auto: Daimler Trucks’ Autonomous Technology Group, which includes US based Torc Robotics, said it would build a new test centre in Albuquerque, New Mexico.
- Daimler Makes Green Bond Debut a Day After Germany’s Blockbuster – Bloomberg: Daimler Makes Green Bond Debut a Day After Germany”s Blockbuster
- New Hyundai Tucson: teaser pics show bold new design – Autocar: Hyundai Tucson Fourth-generation SUV is set for major overhaul, with new-look design
- Geely to list share on Shanghai STAR exchange – Just-Auto: China’s Geely Automobile Holdings (Geely) – owner of Volvo Cars – has applied to list its shares on Shanghai’s STAR stock exchange which would make it the first automaker to be listed on this hi-tech exchange, according to local reports.
- Tata loses growth momentum over digital-driven Reliance – Nikkei:
- Swedish startup Volta unveils electric truck, to manufacture in UK – Reuters:
- Nissan develops techniques to speed up production of carbon fibre parts – Reuters: Nissan develops techniques to speed up production of carbon fibre parts
- Nissan says China sales fell 2.4% year-on-year in August – Reuters: Nissan says China sales fell 2.4% year-on-year in August
- Tesla’s Musk discusses vaccine project, car plant with German politicians – Reuters: Tesla’s Musk discusses vaccine project, car plant with German politicians Peugeot 5008 gains styling and interior tweaks for 2020 – Autocar: SUV follows its 3008 sibling in receiving a new front end, revamped interior and overhauled trim
- Tesla Plunges After Major Shareholder Cuts Stake – Bloomberg: Tesla Plunges After Major Shareholder Cuts Stake
- Virtual Star of Porsche Ads Gets Real Venture Backing – Bloomberg: Virtual Star of Porsche Ads Gets Real Venture Backing
- Jeep Teases Plug-In Hybrid Version of Grand Wagoneer – Bloomberg: Jeep Teases Plug-In Hybrid Version of Grand Wagoneer
- 2 GM apprentices stopped the show with demonstration for Ivanka Trump – Freep: The apprentices were chosen to demonstrate what they are learning at GM’s Technical Learning University during Trump’s tour of the facility in Warren.