Auto Industry
Reuters
Dec 28, 2022, 3:24 PM
Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production
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Reuters | Dec 28, 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 28, 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 28, 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 28, 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 28, 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
Reuters | Dec 28, 2022Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023Indonesia targets 20% of overall car sales in 2025 to be EVs1 min read
Reuters | Dec 28, 2022China's BYD To Start Selling Evs In Japan By Early 2023China'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
Reuters | Dec 28, 2022Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035In 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
