Auto Industry
Reuters
Feb 27, 2023, 5:55 PM
SK On - whose parent SK Innovation Co Ltd counts Hyundai Motor Co, Volkswagen AG and Ford among its customers - announced the joint venture to make electric vehicle (EV) battery cells in Turkey last year.
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Reuters | Feb 27, 2023Hertz Has Fewer Tesla's In Its Fleet Than PlannedHertz did not give details on why it has added fewer Tesla's than it originally planned to order.0 mins read
Reuters | Feb 27, 2023Mexico President Says Two Locations Primed For New Tesla PlantLopez Obrador referred to both states as a possibility when asked about the firm's plans, which Tesla has not yet commented on, during a regular news conference.0 mins read
Reuters | Feb 27, 2023India's MRF Reports Q3 Profit Jump On Softer Raw Material Prices, Solid DemandMRF's total expenses rose 14% to 53.81 billion rupees, nearly half of the increase in the first six months of the current fiscal year.0 mins read
Reuters | Feb 27, 2023BorgWarner Sees EV Business To Grow At Least 72 Per Cent In 2023BorgWarner in December announced plans to spin-off its fuel systems and aftermarket units to focus solely on air management and e-propulsion & drivetrain units.0 mins read
Reuters | Feb 27, 2023Lucid Joins Tesla-Led EV Price War With Discounts On Some Air ModelsThe battle has made it much more difficult for money-losing U.S. startups such as Rivian Automotive Inc and Lucid to grab market share at a time when high borrowing costs and inflation have pinched consumer wallets.0 mins read
Reuters | Feb 27, 2023GM Inks Deal With GlobalFoundries To Secure U.S.-Made ChipsGlobalFoundries said the agreement for at least three years was the first of its kind and establishes a dedicated capacity exclusively for GM's key chip suppliers at their upstate New York fabrication facility.0 mins read
Reuters | Feb 27, 2023U.S. Set To Loan Redwood Materials $2 Billion For EV materials PlantEnergy Secretary Jennifer Granholm said that, if finalized, the loan will help the project create critical materials for electric vehicle batteries.0 mins read
Reuters | Feb 27, 2023In China, Tesla Could Win Electric Vehicle Price Battle - But Lose The WarMost immediately, Tesla's January price cuts drove deliveries of its China-made vehicles up 18% from December. Tesla's thick profit margins have put it in a position to take a price war to competitors in China and beyond, analysts say.0 mins read
