Auto Industry
Reuters
Dec 1, 2022, 5:31 AM
Paris's town hall decision to make gasoline-fueled motorcycles pay for parking kicked in this Thursday, triggering reactions from riders ranging from resignation to dissatisfaction.
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Reuters | Dec 1, 2022China Says Automakers Must Have Licences For Mapping Data In Smart CarsChina has said that automakers must apply for licences to collect geographic data using sensors on their intelligent vehicles.1 min read
Reuters | Dec 1, 2022Musk Sends Fresh Letter To Scrap Twitter Deal After Whistleblower ClaimsMusk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint.1 min read
Reuters | Dec 1, 2022Polestar Revenue Doubles As It Rides Electric Car BoomPolestar's revenue nearly doubled in the first half of 2022 on soaring demand and it may have to raise its prices further if material costs continue to rise.1 min read
Reuters | Dec 1, 2022Bosch To Invest $200 Million To Make Fuel Cell Stacks In South CarolinaBosch will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to electrification.1 min read
Reuters | Dec 1, 2022Oil Gains Ahead Of OPEC+ Meeting; Russian Oil Price Cap LoomsOil prices climbed on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's COVID-19 curbs and weak global growth continued to limit gains and a potential cap on the price of Russian exports loomed.2 mins read
Reuters | Dec 1, 2022Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.STaiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.2 mins read
Reuters | Dec 1, 2022GM, LG Energy Joint Venture Ohio Battery Plant Begins ProductionA General Motors and LG Energy Solution $2.3 billion joint venture battery production plant in Ohio has begun production.2 mins read
Reuters | Dec 1, 2022Toyota Triples Planned Investment To $3.8 Billion In U.S. Battery PlantToyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said.1 min read
