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Reuters

Dec 28, 2022, 3:24 PM

Tesla To Run Reduced Output In Shanghai In January, Plan Shows

Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year

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  Reuters | Dec 28, 2022

  Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact

  Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production

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  Reuters | Dec 28, 2022

  Uber, Motional Launch Robotaxi Service In Las Vegas

  The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.

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  Reuters | Dec 28, 2022

  Tesla To Shorten Shanghai Shifts, Delay Hiring - Report

  Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.

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  Reuters | Dec 28, 2022

  German Car Giants And Asian Battery Kings: A Match Made In Hungary

  Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.

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  Reuters | Dec 28, 2022

  U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles

  The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.

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  Reuters | Dec 28, 2022

  Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report

  A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.

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  Reuters | Dec 28, 2022

  Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023

  Indonesia targets 20% of overall car sales in 2025 to be EVs

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  Reuters | Dec 28, 2022

  China's BYD To Start Selling Evs In Japan By Early 2023

  China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66).

  2 mins read