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On this day: A look at historic events that took place on 13 January
Trendingdesk •On 13 January 2012, the Costa Concordia, an Italian cruise ship, carrying 1,023 crew members and 3,206 passengers onboard, struck a rock formation on the sea floor and capsized off Giglio Island
Ford to set up three EV battery plants in the US with a total capacity of 129 gigawatt hours a year
•Ford has teamed up with South Korea’s SK Innovation to establish three new battery plants with enough output to power over one million EVs annually.
Russia-Ukraine conflict: From Apple to Amex, the exodus of Western brands from Moscow
Fp Explainers •Russia's currency, the ruble, has crashed to a record low against the US dollar, pushing authorities to scramble to avoid a financial meltdown
Look ma, no valet! Driverless parking system showcased at IAA 2021: Watch the video to know how it works
Tech2 News Staff •Co-developed by engineering firm Bosch and Mercedes-Benz, the automated valet parking system utilises video cameras and sensors to guide vehicles into vacant parking slots.
Ford ends manufacturing in India with immediate effect, to continue local ops with imported vehicles
Tech2 News Staff •Ford India will cease sales of the Ford Figo, Aspire, Freestyle, EcoSport and Endeavour once dealer inventories have been cleared; to introduce Mustang and EVs via the CBU route.
Tesla excluded from White House event for major electric vehicle announcement as General Motors, Ford and Stellantis attend
•US President Joe Biden unveiled a big push for zero-emissions vehicles at the White House event to which Tesla wasn't invited, with company boss Elon Musk terming it "odd".
US aims for zero-emission vehicles to account for half of all passenger car sales in the country by 2030
•US President Joe Biden has announced a target for half of all cars sold in the country to be zero-emission vehicles by 2030.
Ford estimates 40 percent of its global vehicle sales will come from EVs by 2030
•To further boost its electric aspirations, Ford will add $8 billion to its EV development spending from 2021 to 2025.
Ford F-150 Lightning electric pickup truck debuts: Can it compel loyalists to embrace EVs?
•With 563 hp and over 1,000 Nm of torque, the Ford F-150 Lightning will be quick, and will also have a 480 km range.
Ford bets on solid-state batteries to lower electrification costs, make EVs affordable
•Ford and BMW have announced a $130 million funding round for Solid Power, a solid-state battery developer.