About Reuters
Articles of Reuters
Iveco Agrees To Buy Minority Stake In Blue Energy Motor Clean Energy Truck Start-Up
Truckmaker Iveco Group said it had agreed, through its engine unit FPT Industrial, to buy a minority stake in India's Blue Energy Motors, a start-up developing clean energy trucks.
Read More →
Hertz Ties Up With BP For EV Charger Installations In North America
Hertz Global Holdings Inc said it has partnered with a unit of oil giant BP to install electric vehicle (EV) charging stations across North America to power its fleet of eco-friendly cars.
Read More →
BlackBerry Takes A Knock As Cybersecurity Revenue Drop Clouds Automotive Demand
Canada's BlackBerry Ltd reported a fall in cybersecurity revenue for the second quarter, as customers reined in spending due to an uncertain macroeconomic environment, sending its shares down about 3% in extended trading.
Read More →
Toyota To Start Selling Small Electric Sedan In China By Year-End - Report
Toyota Motor Corp plans to start production and sales of a small electric sedan powered by BYD Co Ltd batteries by year-end as part of an ongoing collaboration with the Chinese company, three people close to the Japanese carmaker said.
Read More →
Elon Musk Seeks To End SEC 'Muzzle' Requiring Pre-Approval Of Tweets
Elon Musk's lawyers urged a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Commission (SEC) requiring a Tesla Inc lawyer to vet some of his posts on Twitter.
Read More →
Hurricane Lan Batters Florida's Gulf Coast With Catastrophic Fury
Hurricane Ian plowed into Florida's Gulf Coast with catastrophic force, unleashing howling winds, torrential rains and a treacherous surge of ocean surf that made it one of the most powerful U.S. storms in recent years.
Read More →
Tata Motors Launches $10,000 Electric Car In India To Further Its Lead
Tata Motors launched India's lowest priced electric car at a little over $10,000 as the country's only electric vehicle (EV) maker looks to draw in more buyers.
Read More →
EU Urges Kosovo To Give 'Sufficient Time' For Car Licensing Rule
The European Union said that Pristina should give sufficient time for the implementation of a rule under which ethnic Serbs living in northern Kosovo to switch over their car license plates to local ones within two months.
Read More →
Kosovo Pushes Ahead With Car Licensing Rule Resisted By Serbs
Dozens of U.S. NATO peacekeepers patrolled northern Kosovo to preserve calm after Pristina announced that around 50,000 ethnic Serbs in the region would have to switch their car license plates to local ones within two months.
Read More →
Polestar Revenue Doubles As It Rides Electric Car Boom
Polestar's revenue nearly doubled in the first half of 2022 on soaring demand and it may have to raise its prices further if material costs continue to rise.
Read More →
Bosch To Invest $200 Million To Make Fuel Cell Stacks In South Carolina
Bosch will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to electrification.
Read More →
Stocks Eye 3% Weekly Loss, Dollar Sky High Before U.S. Jobs Data
World stocks were heading for a 3% loss on the week while the dollar hit 24-year highs against the yen for a second day ahead of key U.S. jobs data, as investors brace for aggressive rate hikes from the Federal Reserve.
Read More →
Oil Gains Ahead Of OPEC+ Meeting; Russian Oil Price Cap Looms
Oil prices climbed on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's COVID-19 curbs and weak global growth continued to limit gains and a potential cap on the price of Russian exports loomed.
Read More →
Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.S
Taiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.
Read More →
GM, LG Energy Joint Venture Ohio Battery Plant Begins Production
A General Motors and LG Energy Solution $2.3 billion joint venture battery production plant in Ohio has begun production.
Read More →Toyota Triples Planned Investment To $3.8 Billion In U.S. Battery Plant
Toyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said.
Read More →Analysis-Musk's Bold Goal Of Selling 20 Million EVs Could Cost Tesla Billions
Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed.
Read More →
Oil Prices Slide 1% After U.S. Fed Raises Interest Rates
Oil prices fell about 1% to a near two-week low in volatile trade after the U.S. Federal Reserve delivered another hefty rate hike to quell inflation that could reduce economic activity and demand for oil.
Read More →
Russian Mobilization Hikes Urgency Of Oil Price Cap - Ukrainian Presidential Advisor
Oleg Ustenko criticized updated European Union guidance on sanctions on Russian coal shipments that he said could enable companies to transport Russian coal to third countries, which was not in the original spirit of the deal.
Read More →India Expects At Least $25 Billion Investment Under Semiconductor Incentive Scheme
India is expecting to court a total investment of at least $25 billion as a result of its incentive scheme meant to boost local manufacturing of chip and display panels.
Read More →
