Auto Industry
Reuters
Nov 30, 2022, 9:21 PM
Saudi Arabia's sovereign wealth will make electric cars in the kingdom under a joint venture with Apple supplier Foxconn.
2 Min
Reuters | Nov 30, 2022Ford: U.S. Should Ease 'Foreign Entity' Rules So That More EVs Get Tax CreditsFord Motor Co said the U.S. Treasury Department should limit the definition of a "foreign entity of concern" to ensure more electric vehicles can qualify for up to $7,500 in consumer tax credits.2 mins read
Reuters | Nov 30, 2022Brazil Road Blockades Disrupting Fuel Distribution Nationwide - ReportProtests blocking Brazilian roads in several states are disrupting fuel distribution nationwide.0 mins read
Reuters | Nov 30, 2022Malian Minister Says Russia Will Ship Food And Fuel To Mali In Coming WeeksMali expects Russia to send shipments of fuel, fertiliser and food worth around $100 million to Mali in the coming weeks.1 min read
Reuters | Nov 30, 2022Oil Up Nearly 2% As Weaker Dollar Offsets China ConcernsOil prices rose recouping losses from the previous session, on optimism that China could reopen from strict COVID curbs.2 mins read
Reuters | Nov 30, 2022Lyft, Motional To Launch Robotaxi Service In Los AngelesLyft and driverless technology firm Motional said that residents in Los Angeles will be able to book robotaxis on the ride-hailing company's app.1 min read
Reuters | Nov 30, 2022Bond Yields Fall On 10-Year U.S. Yield's Drop Below 4%, Subdued OilThe benchmark 10-year Indian government bond yield ended at 7.3957%, after rising five basis points (bps) to 7.4454% on Monday.2 mins read
Reuters | Nov 30, 2022U.S. Autonomous Delivery Vehicle Startup Nuro Cuts Staff By 20%Autonomous delivery vehicle maker Nuro is laying off about 20% of its workforce after admitting that rapid hiring in the past year was a mistake.1 min read
Reuters | Nov 30, 2022Philippines To Cut Tariffs On Electric Vehicles, PartsPresident Ferdinand Marcos Jr approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs.1 min read
