EV battery startup QuantumScape seeks to raise $859M to fund expansion
QuantumScape in February said it would build a 200,000-square-foot pilot line in California to make prototype cells for its partner, Volkswagen.
As travel resumes, airport restaurant employees are being called back to work. But not in Orlando.
Kourtney “Koko” Monroe had been furloughed for most of 2020 when a strange job posting caught her eye. It was for her old job, bartending at the Outback Steakhouse inside Orlando International Airport, the same one she’d been let go from in March when the pandemic hit.
Volvo will form infotainment JV with Chinese tech company
A new, scalable infotainment platform will be shared with Volvo sister brands Polestar and Geely Auto as well as third parties.
Chip shortage turns repair of Japan factory into national effort
The economy ministry is mobilizing to help Renesas procure equipment after a fire at one of its plants on Friday. The nation’s automakers are dispatching workers to the damaged site to help with recovery activities.
GM sees no reason to cut output in Brazil despite worsening pandemic
VW and Volvo have announced production cuts in recent days in response to the worsening health crisis in the country.