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Auto Industry
Reuters
Dec 31, 2022, 4:20 PM
Investors bid for 24.6 million shares by the final day of bidding, 3.1 times the 8 million shares on offer, exchange data showed.
2 Min
Reuters | Dec 31, 2022Nikola Founder Seeks New Trial, Says Juror Concealed Bias Against WealthyMilton told U.S. District Judge Edgardo Ramos in court papers that the juror's Twitter and Facebook pages were "riddled with attacks on wealthy executives"2 mins read
Reuters | Dec 31, 2022Faraday Future Slides On Signaling Need For Funds To Start ProductionThe company is one of the many EV startups struggling to launch its products as a bleak global growth outlook and a funding squeeze dented production schedules and compounded losses.1 min read
Reuters | Dec 31, 2022Self-Driving Trucking Firm TuSimple Appoints CFO, Reconstitutes Audit PanelThe company reappointed former chief executive Cheng Lu as its top boss last month after it fired his predecessor Xiaodi Hou following a probe.1 min read
Reuters | Dec 31, 2022Tesla Plans To Announce Mexico EV Plant Soon - ReportThe plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.1 min read
Reuters | Dec 31, 2022LG Energy Solution To Invest $3.1 Billion In S.Korea Battery FacilityThe project in Ochang, South Korea, will include R&D and production facilities and related infrastructure1 min read
Reuters | Dec 31, 2022Russian Oil Sold To India Below Price Cap In Buyers' MarketThe European Union ban on imports of Russia's seaborne oil from Dec. 5 has driven Moscow to seek alternative markets, mainly in Asia, for about 1 million barrels per day.3 mins read
Reuters | Dec 31, 2022India Cuts Windfall Tax On Crude, Aviation FuelIt cut the tax on locally produced crude oil steeply to 1,700 rupees ($20.52) per tonne from 4,900 rupees, effective Friday1 min read- Reuters | Dec 31, 2022Kremlin Says It Is Finalising Last Details Of Response To Oil Price CapMoscow has repeatedly said it will not sell oil to countries that comply with the cap0 mins read
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