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Reuters

Nov 30, 2022, 10:13 PM

Stellantis, GME Resources Seal Nickel And Cobalt Deal For Battery Production

The deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction.

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  Reuters | Nov 30, 2022

  Many U.S. Drivers Treat Partially Automated Cars As Self-Driving- Study

  The IIHS study of 600 active users found 53% of Super Cruise, 42% of Autopilot and 12% of ProPILOT Assist owners "said that they were comfortable treating their vehicles as fully self-driving."

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  Reuters | Nov 30, 2022

  EV Maker Lucid Files For New Offering To Raise $8 Billion In Stages

  Lucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.

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  Reuters | Nov 30, 2022

  India's Zoomcar Seeks U.S. Listing Through $456 Million SPAC Deal

  The Bengaluru-based startup expects to list on the Nasdaq as Zoomcar Holdings Inc after being acquired by Innovative International Acquisition Corp in the first half of 2023.

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  Reuters | Nov 30, 2022

  Piedmont To Build Lithium Plant In Tennessee For EV Market

  Piedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.

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  Reuters | Nov 30, 2022

  EU, U.S. Eye Level Playing Field For EU Electric Cars In U.S. Market

  The EU says that while it allows government tax breaks or subsidies for purchases of U.S. electric cars such as those made by Tesla, the United States makes such support conditional on the car, or parts of it, being made in the United States.

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  Reuters | Nov 30, 2022

  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.

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  Reuters | Nov 30, 2022

  TomTom Shares Fall As 2023 Uncertainties Outweigh Q3 Beat

  The Amsterdam-based group, whose customers range from major car companies to global tech firms, forecast free cash flow at break-even for next year, compared with a previous outlook for an inflow of at least 5% of revenues.

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  Reuters | Nov 30, 2022

  Musk Looks To Delay Twitter Trial Following Whistleblower Claims

  Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.

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