Auto Industry

Reuters

Dec 31, 2022, 5:36 PM

Uber, Motional Launch Robotaxi Service In Las Vegas

The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.

1 Min

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  Reuters | Dec 31, 2022

  Tesla To Shorten Shanghai Shifts, Delay Hiring - Report

  Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.

  1 min read
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  Reuters | Dec 31, 2022

  German Car Giants And Asian Battery Kings: A Match Made In Hungary

  Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.

  7 mins read
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  Reuters | Dec 31, 2022

  U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles

  The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.

  2 mins read
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  Reuters | Dec 31, 2022

  Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report

  A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.

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  Reuters | Dec 31, 2022

  Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023

  Indonesia targets 20% of overall car sales in 2025 to be EVs

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  Reuters | Dec 31, 2022

  China's BYD To Start Selling Evs In Japan By Early 2023

  China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66).

  2 mins read
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  Reuters | Dec 31, 2022

  Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035

  In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.

  1 min read
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  Reuters | Dec 31, 2022

  Europe's Car Repairers Call For Competition Rules Rewrite

  The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.

  1 min read