Auto Industry
Reuters
Dec 26, 2022, 11:01 PM
Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.
1 Min
Reuters | Dec 26, 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
car&bike Team | Dec 26, 2022Hero Electric, NP Technology & Financial Advisor Partner To Push Green Mobility In B2B SpaceUnder the partnership, the two companies will push to speed up the addition of gig workers on green mobility platforms for last-mile delivery services.1 min read
Reuters | Dec 26, 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 26, 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 26, 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
car&bike Team | Dec 26, 2022Kinetic Engineering Commences E-Luna Chassis & Component ProductionThe E-Luna will be based on Kinetic’s original Luna moped that was first launched in India over half a century ago.1 min read
Reuters | Dec 26, 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 26, 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
