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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.

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.

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.

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.

The Maybach EQS SUV could be the most opulant electric vehicle on the planet when it launches.

Ferrari will be hoping for a more competitive car but many expect that Mercedes may overhaul it as it caught up in terms of performance by the end of the 2022 season.

As part of the agreement, TML CV Mobility Solutions Ltd., a subsidiary of Tata Motors, will supply, operate, and maintain 1500 units of 12-metre low-floor air-conditioned electric buses for a period of 12 years. This is the largest order for electric buses placed by DTC yet.

Altigreen is the third EV OEM to partner with Gulf Oil in recent months for brand-specific EV fluids.