Focus on electrification, Audi may close its Brussels factory.
On November 12, a spokesman for Audi, a luxury car brand owned by Volkswagen Group, said that the company had failed to find a buyer for its struggling Brussels factory, which could lead to the closure of the factory.
The spokesperson said a potential investor from the commercial vehicle industry had withdrawn its letter of intent.
Focusing on traditional car companies, Volkswagen will invest US$5.
8 billion in Rivian.
On November 12, Volkswagen Group and Rivian stated that Volkswagen Group will increase its investment in Rivian by 16% to US$5.
8 billion.
Rivian’s share price rose nearly 9% in after-hours trading, valuing it at more than $11 billion.
, The Renault Alpine F1 Team will use Mercedes engines.
On November 12, the Renault Alpine F1 Team announced that it will use Mercedes engines and gearboxes from 2026.
This agreement will last until at least 2030.
In September this year, Renault decided to stop engine production at the Viry-Chatillon factory outside Paris after the end of the 2025 season.
Focusing on intelligence,Waymo has fully opened autonomous driving ride-hailing services in Los Angeles.
On November 12, Waymo, a self-driving company owned by Alphabet, said that it has now opened the autonomous driving ride-hailing service Waymo One to everyone in Los Angeles, marking the rapid development and popularization of this technology.
The company said nearly 300,000 people have joined the waiting list since it began commercial operations in the city earlier this year, indicating strong demand.
, Focusing on industrial and economic policies, global electric vehicle sales may increase by 35% in October.
On November 13, market research firm Rho Motion said that in October, global sales of electric vehicles (including pure electric vehicles and plug-in hybrid vehicles) reached 1.
72 million units, a year-on-year increase of 35%.
Among them, sales of electric vehicles in China increased by 54%, and all regions achieved growth.
The Canadian government ordered an end to the port strike.
On November 12, Canada took action to end a labor dispute at the country’s largest port, citing economic losses and the possible expulsion of trading partners.
Canadian Labor Minister Steven MacKinnon said the National Industrial Relations Board had been instructed to order an end to the strike and implement binding arbitration.
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