Auto Industry
Shams Raza Naqvi
Apr 2, 2023, 1:06 AM
Thomas Schäfer, CEO Volkswagen Passenger Cars spoke to us about the success of India project 2.0, brands' learnings in the past decade and future focus areas for the company in the country.
2 Min
Reuters | Mar 31, 2023Australia Risks Losing Pole Position In Critical Minerals RaceSupplier 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.0 mins read
Reuters | Mar 31, 2023One-Third Of Americans Would Consider EV Purchase -Reuters/Ipsos PollThe 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.0 mins read
Reuters | Mar 31, 2023EV Startup Lucid To Cut About 18% Of Its WorkforceThe 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.0 mins read
Reuters | Mar 31, 2023Tesla To Deliver Strong Q1 Retail Sales In China: ReportThe 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.0 mins read
Reuters | Mar 31, 2023Vietnam's Be Group In Deal To Become Country's First Ride-Hailing Firm To Use EVsVietnam 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.0 mins read
Reuters | Mar 31, 2023China's Meizu Unveils First Smartphones Since Deal With Geely FounderA 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.0 mins read- Reuters | Mar 31, 2023US Semiconductor Index Hits Highest In Nearly A Year On Hopes For Industry TurnThe 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.0 mins read
Reuters | Mar 31, 2023Vestager Optimistic For US-EU Battery Minerals Deal Similar To Japan'sVestager told reporters in Washington that European Union and U.S. negotiators are working on legal frameworks that would be different from the Japan deal.0 mins read
