Auto Industry
Reuters
Feb 27, 2023, 5:52 PM
Hertz did not give details on why it has added fewer Tesla's than it originally planned to order.
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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
Reuters | Feb 27, 2023India's January Wholesale Passenger Vehicle Volume Up On Consumer Sentiment - SIAMSales of the now-popular and mostly pricier UVs grew around 28% and continued to outnumber that of passenger cars - which include entry-level cars and sedans - in January, according to SIAM data.0 mins read
