Auto Industry News

U.S. VP Harris Pledges To Consult S.Korea Over EV Subsidy Concerns
U.S. Vice President Kamala Harris told South Korea's prime minister that Washington will work to address Seoul's concerns over recently enacted electric vehicle (EV) subsidies that could disadvantage Asian automakers.

U.S. Approves 50 States' EV Charging Plans
Sep 30, 2022 07:33 AM
The U.S. Transportation Department (USDOT) said it has approved the electric vehicle charging station plans for all 50 states, Washington and Puerto Rico covering about 75,000 miles (120,700 kms) of highways.

Iveco Agrees To Buy Minority Stake In Blue Energy Motor Clean Energy Truck Start-Up
Sep 30, 2022 07:29 AM
Truckmaker Iveco Group said it had agreed, through its engine unit FPT Industrial, to buy a minority stake in India's Blue Energy Motors, a start-up developing clean energy trucks.

Hertz Ties Up With BP For EV Charger Installations In North America
Sep 30, 2022 07:25 AM
Hertz Global Holdings Inc said it has partnered with a unit of oil giant BP to install electric vehicle (EV) charging stations across North America to power its fleet of eco-friendly cars.

BlackBerry Takes A Knock As Cybersecurity Revenue Drop Clouds Automotive Demand
Sep 30, 2022 07:22 AM
Canada's BlackBerry Ltd reported a fall in cybersecurity revenue for the second quarter, as customers reined in spending due to an uncertain macroeconomic environment, sending its shares down about 3% in extended trading.

Toyota To Start Selling Small Electric Sedan In China By Year-End - Report
Sep 30, 2022 07:15 AM
Toyota Motor Corp plans to start production and sales of a small electric sedan powered by BYD Co Ltd batteries by year-end as part of an ongoing collaboration with the Chinese company, three people close to the Japanese carmaker said.

Elon Musk Seeks To End SEC 'Muzzle' Requiring Pre-Approval Of Tweets
Sep 30, 2022 06:01 AM
Elon Musk's lawyers urged a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Commission (SEC) requiring a Tesla Inc lawyer to vet some of his posts on Twitter.

Hurricane Lan Batters Florida's Gulf Coast With Catastrophic Fury
Sep 30, 2022 05:56 AM
Hurricane Ian plowed into Florida's Gulf Coast with catastrophic force, unleashing howling winds, torrential rains and a treacherous surge of ocean surf that made it one of the most powerful U.S. storms in recent years.

Tata Motors Launches $10,000 Electric Car In India To Further Its Lead
Sep 30, 2022 05:48 AM
Tata Motors launched India's lowest priced electric car at a little over $10,000 as the country's only electric vehicle (EV) maker looks to draw in more buyers.

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