Auto Industry

Reuters

Mar 31, 2023, 8:14 PM

Australia Risks Losing Pole Position In Critical Minerals Race

Supplier of nearly half of the world's lithium, Australia is also the world's third-largest cobalt exporter and a significant producer of rare earths, copper, graphite, manganese and other minerals key to the global energy transition.

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  Reuters | Mar 31, 2023

  One-Third Of Americans Would Consider EV Purchase -Reuters/Ipsos Poll

  The seven-day poll completed on Monday found 34% of all respondents would consider an EV, while 31% said no. Among Democrats 50% said they would consider an EV, while 26% of Republicans and 27% of independents said they would consider.

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  Reuters | Mar 31, 2023

  EV Startup Lucid To Cut About 18% Of Its Workforce

  The company plans to communicate with all its employees over the next three days about the plan, CEO Peter Rawlinson said in a letter, adding its U.S. workforce will see reductions in nearly every organization and level, including executives.

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  Reuters | Mar 31, 2023

  Tesla To Deliver Strong Q1 Retail Sales In China: Report

  The U.S. EV maker's retail sales in China totaled 106,915 units from Jan. 1 to March 19, or 1,371 units per day on average, according to data from China Merchants Bank International, which tracks car insurance registrations.

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  Reuters | Mar 31, 2023

  Vietnam's Be Group In Deal To Become Country's First Ride-Hailing Firm To Use EVs

  Vietnam is promoting the production and mass use of EVs as part of efforts to achieve carbon emission neutrality by 2050. There are currently about 7,800 electric vehicles on its roads, according to Vinfast.

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  Reuters | Mar 31, 2023

  China's Meizu Unveils First Smartphones Since Deal With Geely Founder

  A company run by Geely Chairman Eric Li took a majority stake in Meizu last year, making the Volvo owner the first established carmaker to enter the premium smartphone sector. He later named the company Xingji Meizu, with the brand as its smartphone arm.

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  Reuters | Mar 31, 2023

  US Semiconductor Index Hits Highest In Nearly A Year On Hopes For Industry Turn

  The index climbed 1.6%, adding to a gain of more than 3% on Wednesday, and it is now on track for its biggest two-day percentage gain in nearly two months, hitting its highest level since April 6 after a flurry of updates from several chipmakers including Intel, Micron Technology and Germany's Infineon.

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  Reuters | Mar 31, 2023

  Vestager Optimistic For US-EU Battery Minerals Deal Similar To Japan's

  Vestager told reporters in Washington that European Union and U.S. negotiators are working on legal frameworks that would be different from the Japan deal.

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  Seshan Vijayraghvan | Mar 31, 2023

  Over 200 Tata Harrier And Safari SUVs Are Made Every Day By An All-Women Crew

  Since February 2022, a crew of 1500 women have been working in multiple shifts assembling the two SUVs at the company’s Pimpri plant in Pune, Maharashtra.

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