Factorial, the start-up, said the listing would provide money that would help it bring new solid-state batteries to market as soon as 2027.
Category: Automobiles
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On British Roads, Chinese Cars Are Racing Ahead
BYD, Chery and other Chinese automakers are winning over drivers in Britain, where tariffs are low and buyers are open to new brands.
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Europe May Roll Back Combustion Engine Ban
A proposal to revise an E.U. law requiring carmakers to stop producing combustion engines by 2035 would offer some relief to automakers, but it sets back the region’s climate goals.
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Volkswagen to End Production at German Plant, a First in Company History
The auto giant stopped making cars at the plant in Dresden, which opened in 2001, as it faces weaker demand and steep U.S. tariffs.
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Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans
Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
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Chip Company Plotted to Send Technology to China, Ex-C.E.O. Says
The former chief executive of Nexperia, a Dutch chipmaker, said Dutch officials had known for years that the company’s Chinese owner sought to move its technology to China.
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Donald E. Petersen, 97, Who Rescued Ford Motor Co., Is Dead
An ex-Marine and a 40-year company veteran, he turned a nearly bankrupt money loser into the world’s most profitable automaker.
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U.S. Introduces New Female Crash-Test Dummy Standards
A female crash-test dummy to replace an outdated model largely based on male proportions would improve safety for women, who face higher fatality and injury risks on the road, officials said.
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Help! My Rental Car Died Within a Mile, and Avis Charged Me $1,367.
A visitor to Italy had to abandon an S.U.V. after it conked out just minutes from the rental agency. Then he got another surprise: a hefty repair bill.
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Trump Tariffs Push Japan’s Economy Into Contraction
The Japanese economy shrank by 1.8 percent compared to the same quarter last year, as U.S. tariffs dampened automobile exports and prompted a bleak outlook for growth.