About Reuters
Articles of Reuters
U.S. President Biden Faces Key Test On EV Battery Trade Dispute
The Biden Administration is set to decide as early as Friday whether to take the rare step of reversing the U.S. International Trade Commission (ITC) unless the Korean battery companies reach a last-minute settlement.
Read More →
GM, Ford Cutting More North American Production Due To Chip Shortage
A global semiconductor shortage could result in 1.28 million fewer vehicles built this year and disrupt production for another six months, according to a US industry group.
Read More →
U.S. Government Plans To Study How EVs Can Generate Renewable Fuel Credits: Report
The move could give the fledgling U.S. electric vehicle industry a big boost by granting it fresh incentives and a new revenue stream.
Read More →
U.S. Automakers Post Higher Quarterly Sales Even As Chip Shortage Bites
The semiconductor chip shortage and severe winter weather in south west United States in February have caused automakers to shut factories, turning analysts cautious about the speed of the sector's recovery in 2021.
Read More →
Tesla's First-Quarter Deliveries Break Previous Record, Beat Expectations
The electric-car maker delivered 184,800 vehicles globally during the first quarter, above estimates of 177,822 vehicles, according to Refinitiv data. This also exceeds its previous record of 180,570 achieved last quarter.
Read More →
Renesas Says Damage From Fire At Chip Factory Worse Than First Thought
Renesas has said it will take at least a month to resume production at its 300 mm wafer line at the fire-hit plant, but replacing damaged machines could take several months.
Read More →
Honda Agrees To Sell British Car Plant To Logistics Giant Panattoni
Honda, which has been struggling in Europe, has said the closure of the plant was not related to Britain's departure from the European Union but it needed to focus activities in regions where it expects to sell most cars.
Read More →
Stellantis, Nissan, Nio Cut More Production Due To Chip Shortage
Chip shortages have cost the global auto industry 130,000 vehicles in lost production, research firm AutoForecast Solutions estimates, with the heaviest impact in North America, with 74,000 units lost, and Western Europe, with 35,000 lost.
Read More →
India Will Not Extend 2022 Deadline For CAFE Norms: Report
The corporate average fuel efficiency (CAFE) requirements are designed to reduce carbon emissions from vehicles as India pushes auto manufacturers to invest in more fuel-efficient cars or in cleaner technologies like electric and hybrid.
Read More →
China's Great Wall To Launch New Brand For Off-Road Vehicles: Chairman
Baoding-based Great Wall earlier this year also launched a new standalone brand for electric and smart vehicles.
Read More →
Japan Car Makers Scramble To Assess Impact Of Renesas Auto Chip-Plant Fire
Renesas said it will take at least a month to restart production on a 300mm wafer line at its Naka plant in northeast Japan after an electrical fault caused machinery to catch fire on Friday and poured smoke into the sensitive clean room.
Read More →
Targeting Tesla, China's Geely To Launch New Premium EV Brand
Geely, the owner of Volvo Cars and 9.7% of Daimler AG, will roll out models under the new marque based on its open-source EV chassis, announced in September
Read More →Tesla Cars Banned From China's Military Complexes On Security Concerns: Report
The directive advises Tesla owners to park their cars outside military property and residents were notified of the restrictions this week.
Read More →
Stellantis Pickups Hit, Ford Cuts Production Due To Global Chip Shortage
Stellantis said it will build and hold for final assembly its Ram 1500 Classic trucks at its Warren, Michigan, and Saltillo, Mexico, assembly plants.
Read More →
BMW Expects At Least Half Of Sales To Be Electric Cars By 2030
BMW said around 90% of its market categories would have fully-electric models available by 2023 and the electric BMW i4 would be launched three months ahead of schedule this year.
Read More →
Electric Ambitions Drive Volkswagen's Market Value Towards $150 Billion
A day after unveiling plans to build half a dozen battery cell plants in Europe, the German company said it aimed to more than double deliveries of electric vehicles this year.
Read More →Honda Temporarily Cutting Production At All U.S., Canada Plants
The production issues are hitting Honda plants in Ontario, Ohio, Alabama, and Indiana. Honda said its Mexico operations have not announced any production cuts.
Read More →
China's Geely To Add $5 Billion Battery Plant In EV push
The total investment in the project by Geely's technology arm will be 30 billion yuan ($4.61 billion), according to a separate statement from the local government.
Read More →
Volkswagen Plans Six European Battery Cell Plants By 2030
The group also said it would enter partnerships with oil major BP and top European utilities Enel and Iberdrola to expand electric vehicle charging infrastructure
Read More →
Brent Crude Heads Toward $70 As China Energy Demand Outlook Brightens
Top oil exporter Saudi Arabia has cut the supply of April-loading crude to at least four north Asian buyers by up to 15 per cent, while meeting the normal monthly requirements of Indian refiners
Read More →
