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Reuters

Dec 26, 2022, 10:56 PM

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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  car&bike Team | Dec 26, 2022

  Hero Electric, NP Technology & Financial Advisor Partner To Push Green Mobility In B2B Space

  Under the partnership, the two companies will push to speed up the addition of gig workers on green mobility platforms for last-mile delivery services.

  1 min read
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  Reuters | Dec 26, 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.

  2 mins read
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  Reuters | Dec 26, 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.

  2 mins read
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  Reuters | Dec 26, 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

  1 min read
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  car&bike Team | Dec 26, 2022

  Kinetic Engineering Commences E-Luna Chassis & Component Production

  The E-Luna will be based on Kinetic’s original Luna moped that was first launched in India over half a century ago.

  1 min read
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  Reuters | Dec 26, 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
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  Reuters | Dec 26, 2022

  Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035

  In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.

  1 min read
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  car&bike Team | Dec 26, 2022

  Musk Says Wise To Avoid Margin Loans During Macroeconomic Risks

  Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter about the electric-vehicle maker's stock performance.

  1 min read