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Reuters

Nov 27, 2022, 6:09 PM

Foxconn To Become Biggest Shareholder In Lordstown Motors With Up To $170 Million Investment

Lordstown Motors Corp has agreed a deal under which a Foxconn affiliate will invest up to $170 million in the EV maker.

2 Min

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  Reuters | Nov 27, 2022

  Uber-Rival Beat Withdraws From Latin America

  Ride-sharing app Beat is withdrawing from Latin America to focus on its European operations.

  1 min read
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  Reuters | Nov 27, 2022

  Bosch CEO Sees Inflation Weighing On Margins But Could Ease Chip Shortage

  Bosch sees a possible easing of the global chip shortage in the second half of 2023 if demand dips under the weight of inflation.

  1 min read
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  Reuters | Nov 27, 2022

  Tesla Has Considered Exporting EVs From Shanghai To US, Canada - Report

  Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada.

  4 mins read
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  Reuters | Nov 27, 2022

  Redwood Materials To Supply Cathode Material To Panasonic U.S. Battery Plant

  Panasonic will buy remanufactured battery cathode material from Redwood Materials beginning in 2025.

  1 min read
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  Reuters | Nov 27, 2022

  Mercedes Cuts Some China Electric Car Prices, Shaking Shares

  Mercedes-Benz had cut prices on some of its EQE and EQS models in China due to changing market demand for top-end electric vehicles.

  2 mins read
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  Reuters | Nov 27, 2022

  Musk's All-Nighters At Twitter Raise Concern For Tesla Investors

  Elon Musk was working through the night and sleeping at Tesla Inc's factories in California and Nevada as the company struggled to ramp up production of the Model 3.

  4 mins read
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  Mihir Barve | Nov 27, 2022

  India Bike Week 2022: What To Look Out For

  India Bike Week is returning to Goa after 3 years. Here's what to look out for in the 8th edition of the festival.

  3 mins read
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  car&bike Team | Nov 27, 2022

  Government Vehicles Older Than 15 Years To Be Scrapped From April 2023 - Report

  The Indian government is set to scrap all government-owned vehicles which are older than 15 years from April 2023, including buses owned by transport corporations.

  1 min read