Auto Industry
Reuters
Dec 31, 2022, 5:40 PM
Mahindra Ltd said it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the western city of Pune.
1 Min
Reuters | Dec 31, 2022China's CATL To Provide EV Batteries For Honda Starting In 2024CATL would supply batteries for seven years for Honda's electric vehicles in China.1 min read
Reuters | Dec 31, 2022Japan Lawmaker Says TSMC Is Considering Second Plant In JapanA senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.2 mins read
Reuters | Dec 31, 2022Tesla To Run Reduced Output In Shanghai In January, Plan ShowsTesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year2 mins read
Reuters | Dec 31, 2022Uber, Motional Launch Robotaxi Service In Las VegasThe 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 read
Reuters | Dec 31, 2022Tesla To Shorten Shanghai Shifts, Delay Hiring - ReportTesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.1 min read
Reuters | Dec 31, 2022German Car Giants And Asian Battery Kings: A Match Made In HungaryInvestment 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
Reuters | Dec 31, 2022U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected VehiclesThe 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
Reuters | Dec 31, 2022Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - ReportA person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.2 mins read
