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Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports

Dec 24, 2022, 11:40 PM

Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports

Japan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.

2 Min

Reuters | Dec 24, 2022
Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion
Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.
2 mins read
Reuters | Dec 24, 2022
U.S., EU Launch Formal Group To Discuss Conflict Over EV Subsidies
The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the EV market.
1 min read
Reuters | Dec 24, 2022
Oil Slumps By Over $2/bbl, Dogged By Recession Fears
Oil prices briefly erased some losses after officials said the U.S. Energy Department will repurchase 3 million barrels of domestic crude oil for the Strategic Petroleum Reserve.
2 mins read
Reuters | Dec 24, 2022
Electric Vehicles Confront The Leap To The Mass Market
The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.
3 mins read
Reuters | Dec 24, 2022
Taiwan To Fine Foxconn For Unauthorised China Investment
Taiwan has turned a wary eye on China's ambition to boost its semiconductor industry and is tightening legislation to prevent what it says is China stealing its chip technology.
2 mins read
Reuters | Dec 24, 2022
STMicro, Soitec Deepen Cooperation Over Fast-Growing Semiconductor Material
Soitec and STMicroelectronics are deepening their cooperation over the manufacturing of a key and fast-growing material used in the electric car industry.
1 min read
Reuters | Dec 24, 2022
U.S. Urges Caution On Low-Quoted Russian Oil Prices As EU Debates Price Cap
The Biden administration broke its silence on European Union deliberations over a $65-70 per barrel Russian oil price cap, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution.
2 mins read
Reuters | Dec 24, 2022
Tesla Launches EVs In Thailand Amid Competition From Cheaper Brands
Tesla launched two EVs in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers.
1 min read

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car&bike Team | Sep 30, 2021
Bajaj Auto Swaps Stake In KTM, Gets Share In Pierer Mobility
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car&bike Team | Sep 30, 2021
Over 45,000 Delhiites Got Their Learner Driving Licence Using Faceless Service: Delhi Transport Minister
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Seshan Vijayraghvan | Sep 30, 2021
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car&bike Team | Sep 29, 2021
Samsung Electronics Close To Finalising $17 Billion Texas Chip Plant
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car&bike Team | Sep 29, 2021
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1 min read
Reuters | Sep 29, 2021
Toyota Buys Software Firm Renovo To Accelerate Self-Driving Tech Development
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1 min read
Seshan Vijayraghvan | Sep 29, 2021
Autobot India Aims To Build Talent Pool For EV Industry With Its Blended Model Learning Platform
Autobot India is a Pune-based electric mobility tech start-up that is working on developing EV solutions for the industry. The company also offers a special blended model of learning and specialisation programme for EV industry aspirants through its Autobot Academy.
1 min read
car&bike Team | Sep 28, 2021
Brussels Urges Volkswagen To Compensate All EU 'Dieselgate' Customers: Report
Brussels, the capital of Belgium, has asked Volkswagen to pay out all European consumers - and not just German ones - affected by the "Dieselgate" scandal.
1 min read
Reuters | Sep 28, 2021
Shift To EVs Means Huge 'Reskilling' Job For Europe: Report
Automakers have warned that jobs at conventional combustion engine plants will be particularly at risk and have called on the European Union to help mitigate the impact the shift to electric will have on those manufacturing workers.
1 min read