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Daimler To Invest $755 Million In China For EV, Battery Production
Hubertus Troska, head of Daimler's greater China operations, told reporters that the investment was part of Daimler's previously announced 10 billion euros ($11.8 billion) global green car initiative.
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Toyota To Consider Selling Locally Developed EVs In China
China has set strict quotas for electric and plug-in hybrid cars that come into effect from 2019. It has an ambitious target of 2 million NEV sales by 2020 and has signalled longer-term it will phase out the sale of conventional petrol-engine cars.
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VW Earmarks $11.8 Billion To Develop, Build Electric Cars For China
China has set stringent production quotas for NEVs which automakers must meet by 2019, a move that is prompting a flurry of electric car deals and new launches of battery electric and plug-in hybrid models as automakers in China race to ensure they do not fall short.
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Uber Loses UK Appeal Bid. Here's Why
Uber says its drivers enjoy the flexibility of their work and are self-employed, entitling them in British law to only basic entitlements such as health and safety.
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Hyundai To Add SUVs, Pick-Up To U.S. Factory
Hyundai senior executive Michael J. O'Brien said the company plans to launch a pickup truck in the United States, while people familiar with the matter said the model was expected to be produced in late 2020 and was likely to be built in Alabama.
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Ola Ties Up With Microsoft For Connected Car Platform
Any investment by Microsoft could be part of this second tranche, adding that Ola will switch completely from the Amazon Web Services cloud platform to Microsoft Azure over the next few quarters.
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Royal Enfield's Big Bike Could Test Harley's India Dominance
Were Enfield to ship even 10 of its new big bikes to each of its about 700 locations, it could double Harley's 3,700 in annual sales.
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BMW Recalls 1 Million Vehicles In North America. Here's Why
The second recall covers 740,000 U.S. 2007-2011 vehicles with a valve heater that could rust and lead to a fire in rare cases.
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Toshihiro Suzuki Worried About India's Electric Shift Despite Sales Boom
Suzuki Motor Corp CEO Toshihiro Suzuki is worried that the company's volumes in India are so large that they could be caught flat-footed if there was a sudden shift towards electrification.
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400 Electric Vehicles Charging Station Planned For Europe By 2020
Each charging point will have a capacity of 350 kW, and will use an existing European standard, the Combined Charging System, to reduce charging times compared to existing systems.
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Ferrari Could Leave F1 After 2020. Here's Why
Proposals for a new, cheaper and simpler engine were presented in Paris on Tuesday and there is another meeting of the sport's Strategy Group next Tuesday to discuss other changes.
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Audi Recalls 5,000 Diesel Cars To Fix Emissions Control Software
Volkswagen was found in 2015 to have illegally manipulated engine software so that vehicles would meet nitrogen oxide (NOx) emissions standards in laboratory testing but not in real-world conditions, where they could emit up to 40 times the permitted levels.
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Tesla Reports Biggest-Ever Quarterly Loss
Tesla posted a net loss of $619.4 million, or $3.70 per share, for the third quarter ended September 30 compared to a profit of $21.9 million, or 14 cents per share, a year earlier.
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Toyota To Source Chips For Self-Driving Cars From Renesas
Toyota is partnering with Denso and Renesas to bring superior technology and expertise to the self-driving project and aims to accelerate the development of autonomous-driving vehicles and encourage early adoption.
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Autopilot Reliance Left Users Prone To Distractions, Says Google
Google decided to focus solely on technology that didn't require human intervention a couple of days after the napping incident.
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Volkswagen Upbeat As Cost Cuts, New Models Boost Earnings
Analysts expect VW brand earnings to keep growing next year on the back of more higher-margin sport-utility vehicles such as the all-new T-Roc and redesigned Touareg, as well as the ongoing restructuring efforts.
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U.S. Wants To Remove Unnecessary Barriers To Self-Driving Vehicles
NHTSA wants comments on what research it needs to conduct before deciding whether to eliminate or rewrite regulations, which could take years to complete as advocates are pushing Congress to act.
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China's Baidu Teams Up With Shouqi On Driverless Cars
Baidu will provide Shouqi with its Baidu Map service, while Shouqi will help Baidu develop high-precision maps for self-driving cars.
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U.S. Launches Pilot Program To Alert Owners Of Uncompleted Auto Recalls
The US National Highway Traffic Safety Administration has launched a pilot program for owners who were affected by auto recalls but haven't actually went and got the problems rectified. The pilot program will initially be done in the state of Maryland in USA.
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Volkswagen CEO Unaware Of Price Fixing In Cartel Investigation
The European Commission on Monday widened an investigation and searched the premises of Volkswagen (VW) and Daimler on suspicion they had conspired to fix prices in diesel and other technologies over several decades.
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