Auto Industry
Reuters
Feb 25, 2023, 12:17 PM
China's government has been phasing out subsidies for EVs, but Albemarle said so far those steps have had only a "limited impact" on EV demand. Executives attributed weak Chinese auto sales data in January to the Lunar New Year holiday.
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Reuters | Feb 25, 2023Potential Winners And Losers From The New U.S. EV Charging StandardsPresident Joe Biden previously committed to building a U.S. network of 500,000 EV chargers by 2030, and has now set the standards to disburse $7.5 billion in federal funds to support that effort.0 mins read
Jaiveer Mehra | Feb 24, 2023Citroen CEO Vincent Kobee To Step Down; Thierry Koskas To Take Over RoleKoskas is presently the Chief Sales and Marketing Officer of Citroen’s parent firm Stellantis.0 mins read
Reuters | Feb 23, 2023India's Ashok Leyland Beats Quarterly Profit Estimates On Easing Costs, Truck DemandThe Indian trucking sector is making a comeback after two years on the back of increased mining activities, e-commerce growth and an uptick in infrastructure projects0 mins read
Reuters | Feb 23, 2023Tesla Raises Prices Of Some Model Y Versions In ChinaThe starting prices of the two versions of Model Y in China increased by 2,000 yuan each to 311,900 yuan ($45,473) and 361,900 yuan, respectively, information on the website showed.0 mins read
Reuters | Feb 23, 2023Russians Switch To Used Cars As Sanctions Pummel Auto SectorWhile analysts continue to debate the overall effectiveness of economic curbs on Russia, there can be no doubt they have hit hard in its car industry, which was heavily reliant on foreign manufacturers and imported parts.0 mins read
Reuters | Feb 23, 2023Analysis-Tesla's Search For Mexico Location Shows Bumps On Nearshoring RoadNuevo Leon - which recent reports suggest is now the most likely destination - boasts quick access to the United States, a skilled workforce and comfortable living for executives.0 mins read- Reuters | Feb 23, 2023VW, Mercedes-Benz Urge Berlin To Accelerate EV Charging Network Expansion: ReportVW Chief Executive Oliver Blume agreed more speed was needed and that the construction of charging stations was "a common task of the economy, federal government and communes".1 min read
Reuters | Feb 23, 2023Jaguar Land Rover Opens Three EuropJThe hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR's next generation of luxury vehicles. JLR already has six global tech hubs the United States, China and Europe.0 mins read
