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Continental Says Chip Shortages To Cause Auto Supply Bottlenecks Until 2021
Continental said the required additional volumes will only be available in six to nine months
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Dutch Court Is Right Place To Challenge Shell Over Emissions, Say Activists
Lawyers for the company, which has subsidiaries around the world, said any damage caused by any emissions should be judged in countries where those emissions took place.
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Britain To Set More Ambitious Target To Cut Emissions
The announcement also comes ahead of the U.N.'s Climate Ambition Summit on Dec. 12, which Britain is jointly hosting and marks the fifth anniversary of the international Paris climate agreement.
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Chip Shortages Could Slow Automotive Production, Volkswagen and Suppliers Say
Automotive production slowed in early 2020 because of hard lockdowns caused by the COVID-19 pandemic but has come roaring back, especially in China, as consumers look to travel in private vehicles rather than take public transport.
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Denmark Agrees Deal To Have 775,000 Electric Cars By 2030
There are currently only around 20,000 electric cars in Denmark, a fraction of the 2.5 million cars currently on Danish roads.
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Hyundai Recalls 129,000 U.S. Vehicles For Engine Issue
The recall covers some 2015-2016 Veloster, 2012 Santa Fe, 2011-2013 Sonata Hybrid, and 2016 Sonata Hybrid vehicles because connecting rod bearings inside the engine may wear prematurely, which over time can result in engine damage.
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BlackBerry and Amazon Team Up On Vehicle Data And Software Platform
The platform is built on BlackBerrys QNX, a vehicle operating system in 175 million vehicles worldwide, according to John Wall, head of BlackBerry Technology Solutions.
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GM, Nikola Announce Reworked Agreement; Nikola Shares Tumble 24%
Under the new deal, GM will supply its fuel-cell system for Nikola's Class 7 and Class 8 commercial semi-trucks, Nikola said.
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India's New Pipeline Tariffs To Boost Gas Use In Far-Flung Areas
The tariffs are linked to the distance and the number of pipelines used for transportation of gas from the injection points, making the fuel costly for many industries and hurting the development of far flung areas.
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Hyundai, Kia Agree To $210 Million U.S. Auto Safety Civil Penalty
The U.S. National Highway Traffic Safety Administration (NHTSA) said the two affiliated Korean automakers agreed to consent orders after it said they had inaccurately reported some information to the agency regarding the recalls.
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India Aims To Reduce Diesel Use With $1.35-Billion LNG Retail Push
Companies will set up LNG fuelling stations along a 6,000-km network of highways linking the four main metropolitan areas, he said, adding transport sector can utilise up to 25 million cubic meters a day equivalent LNG in the initial phase.
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PM Modi Says India Set To Double Oil Refining Capacity In Five Years, Earlier Than Expected
Modi said India was also aiming to raise the share of natural gas in its energy-consumption mix by up to four times. The cleaner-burning fuel currently accounts for about 6% of the energy consumed in the country.
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GM's Barra Accelerates 'All Out Pursuit Of Global EV Leadership'
GM's pitch to investors focuses on the company's Ultium battery technology, which GM said will now offer electric driving range of up to 450 miles on a single charge, up from 400 previously stated.
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Fiat Chrysler, PSA Merger To Include Investor Loyalty Scheme
The Italian-American carmaker Fiat Chrysler (FCA) and France's PSA agreed to combine in a $38 billion all-share deal in December.
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California's New Coronavirus Curfew Does Not Apply To Tesla Workers
Asked whether the order applied to workers at Tesla's Fremont factory, the California Department of Public Health in a statement said it did not apply to employees deemed essential workers, with manufacturing listed as an essential workforce.
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Tesla Surges As Fund Managers Face Big Decision: How Much To Own
Adding companies with extremely high stock market values to the S&P 500 is exceedingly rare, and S&P Dow Jones Indices said Tesla's addition will generate a massive amount of trading by index funds.
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Tesla To Join S&P 500, Spark Epic Index Fund Trade
S&P Dow Jones Indices announced that Tesla would join the S&P 500 index prior to the opening of trading on December 21, potentially in two tranches making it easier for investment funds to digest.
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Volkswagen Accelerates Shift To Electric, Autonomous Era
Volkswagen is legally separating its Lamborghini supercar and Ducati motorbike brands, confirming an earlier Reuters report, as the German automaker seeks to streamline its operations and focus on mass-producting electric cars.
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18th U.S. Takata Death Reported, First In A BMW
BMW said its engineers will work closely with federal investigators to inspect the vehicle and to understand the details of the incident.
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France Says Japanese Tyremaker Bridgestone To Shut Bethune Plant
With 863 employees, the factory has a daily production capacity of about 17,000 tyres.
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