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The Serbian government has agreed to provide funding of up to 419 million euros ($431 million) including grants and tax incentives to support the project, InoBat said.

Slovakia's Inobat Eyes Electric Vehicle Battery Plant In Serbia

Nov 30, 2022 06:26 PM

1 mins read

The Serbian government has agreed to provide funding of up to 419 million euros ($431 million) including grants and tax incentives to support the project, InoBat said.

Stellantis Strikes Deal With Infineon To Secure Silicon Carbide Chips

By Reuters

Nov 30, 2022 06:26 PM

According to the agreement, Infineon will reserve production capacity and supply the power semiconductors directly to Stellantis suppliers

China's BYD To Launch New Premium Electric Car Brand In 2023

By Reuters

Nov 30, 2022 06:26 PM

BYD said it would launch a new premium brand in the first quarter of 2023 under the name Yangwang, with its first model slated to be an off-road vehicle.

Tata Motors Sees Profit Rebound On Jaguar Land Rover Boost, Lower Costs

By Reuters

Nov 30, 2022 06:26 PM

Tata Motors said it expects profit and cash flow to bounce back in the second half thanks to healthy demand for its Jaguar Land Rover cars.

Mahindra And Mahindra Reports Q2 Beat On Strong Demand

By Reuters

Nov 30, 2022 06:25 PM

Mahindra reported a better-than-expected second-quarter profit, driven by strong demand for its passenger vehicles and farm equipment.

Tesla Says It Will Assist Police Probe Into Fatal Crash In China

By Reuters

Nov 30, 2022 06:25 PM

Tesla said it will assist Chinese police investigating a crash involving one of its Model Y cars.

India Seeks COP27 Deal To 'Phase Down' All Fossil Fuels - Report

By Reuters

Nov 30, 2022 06:25 PM

India wants countries to agree to phase down all fossil fuels at the COP27 climate summit in Egypt, rather than a narrower deal to phase down coal as was agreed last year.