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Analysis-Tesla's Search For Mexico Location Shows Bumps On Nearshoring Road
Nuevo Leon - which recent reports suggest is now the most likely destination - boasts quick access to the United States, a skilled workforce and comfortable living for executives.
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VW, Mercedes-Benz Urge Berlin To Accelerate EV Charging Network Expansion: Report
VW Chief Executive Oliver Blume agreed more speed was needed and that the construction of charging stations was "a common task of the economy, federal government and communes".
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Jaguar Land Rover Opens Three European Self-Driving Tech Hubs
The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR's next generation of luxury vehicles. JLR already has six global tech hubs the United States, China and Europe.
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Nio To Build Factory In China For Budget EVs: Report
The plan to broaden the company's lineup and expand overseas sales comes as EV sales sharply weaken in China, the world's largest auto market, following an end in state subsidies for EV purchases.
Read More →Tesla Recalls 362,000 U.S. Vehicles Over Full Self-Driving Software
Tesla issued the recall after US regulators said that the driver assistance system did not adequately adhere to traffic safety laws
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Ola Plans $920 Million India Investment In Electric Cars, Batteries
Ola will invest Rs. 7614 crore through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, drawn to the growing demand for EVs in India.
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Ford To Build Battery Plant In Michigan In Drive With Chinese Tech Partner
The automaker has a goal of building 600,000 EVs a year by the end of 2023.
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Indian Automaker Mahindra's Q3 Profit Rises On SUV, Tractor Demand
Mahindra, known for XUV, Thar and Scorpio cars, said profit rose to Rs. 1528 crore ($185.2 million) in the three months that ended December 31, from Rs. 1335 crore.
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In Alliance Reboot, Nissan To Buy Up To 15% Stake In Renault EV Unit
The size of Nissan's investment or even a firm commitment to put money into the EV unit, Renault's flagship business which is due to be listed on the market, has so far been unclear.
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BMW Evaluates More EVs For India Amid Growing Demand
BMW plans to have 12 electric vehicles on sale in global markets by end-2023 with each expected to be evaluated for India
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India Raises Tax On Imported Cars, Motorbikes, Including EVs
Taxes on automobiles in India, the world's third-largest car market, rank among the highest globally
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Tata Considers Spain, Britain For European EV Battery Plant - Report
Tata was attracted by Spain's allocation of European Union pandemic relief funds to promote EV and battery manufacturing, and its status as a member of the EU.
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Volvo Readies EV Blitz In Biggest Product Revamp Under Geely
The Swedish carmaker is expected to launch at least six new battery electric vehicles through 2026
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Renault-Nissan Plan India Reboot In Test Of Reshaped Alliance
The alliance in India is expected receive a fresh round of investment lead by Nissan which would see new models be launched under both brands from 2025
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Rupee Down As Oil Prices Gain Further, Forward Premiums Fall
The Indian rupee eased slightly as oil prices rose and investors assessed China's move to ease COVID curbs while cases continued to rise in the country.
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Russia's Angarsk Oil Refinery Says Fire Extinguished, Fuel Production Continues
A fire that killed two people at Russia's Angarsk refinery has been extinguished.
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Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'
Tesla's plummeting share price has hurt the value of shares owned by the EV maker's employees. Tesla has offered stock compensation for most employees including factory workers.
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India Orders Rickshaws Around Delhi To Run On Cleaner Fuel
India is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.
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Tesla To Freeze Hiring, Lay Off Employees Next Quarter - Report
The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.
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India Sees No Hit To Fuel Exports From EU Feb 5 Action On Russian Imports - Report
Indian refiners have been gorging on Russian oil sold at a discount as some Western entities shun purchases from Moscow following its invasion of Ukraine in late February.
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