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.

India Requires $10 Billion Investment To Meet Domestic Li-Ion Battery Demand By 2030: Arthur D Little Study
Sep 29, 2022 09:58 PM
The study said that India’s Li-Ion battery demand was current at 3 GWh with 70% of requirement met via imports from China.

German Authority's Probe Finds 'Abnormalities' In Tesla Autopilot - WirtschaftsWoche
Sep 29, 2022 05:47 PM
Germany's federal motor transport authority KBA has found "abnormalities" during its investigation focused on Tesla's autopilot function, reported WirtschaftsWoche business weekly, citing a KBA spokesperson.

Chip Tech Startup SiFive Launches Products Aimed At Automotive Market
Sep 29, 2022 05:43 PM
Silicon Valley startup SiFive Inc launched three new products aimed at the automotive market, which is emerging as one of the hottest areas for chip makers with electric and self-driving cars expected to boost the number of chips needed.

U.S. To Discuss New Chips Bill With Taiwan Next Month
Sep 29, 2022 05:34 PM
The United States will hold talks with Taiwan next month to discuss new U.S. legislation designed to boost the American semiconductor industry, the top U.S. diplomat in Taipei said.

EV Charging Startup TeraWatt Infrastructure Raises $1 Billion
Sep 29, 2022 05:22 PM
San Francisco startup TeraWatt Infrastructure has raised more than $1 billion from investors to expand a network of charging centers focused on electric vehicle fleet customers, the company said.

S.Korea's Yoon Asks Biden To Resolve Concerns Over EV Subsidy Rules
Sep 29, 2022 05:18 PM
South Korean President Yoon Suk-yeol asked U.S. President Joe Biden to help address Seoul's concerns that new U.S. rules on electric vehicle subsidies will hurt the country's automakers, Yoon's office said.

Planning To Buy A Used Renault Duster? Here Are 5 Things You Need To Know
Sep 29, 2022 01:19 AM
The Renault Duster was one of the more capable compact SUVs in India, and you can still find one in the used car market. If you are considering one, here are 5 things you must know before you buy a used Renault Duster.

Oil Slumps Over 3% On U.S. Rail Agreement, Demand Concerns
Sep 29, 2022 12:27 AM
Oil futures fell over 3% on a tentative agreement that would avert a U.S. rail strike, expectations for weaker global demand and continued U.S. dollar strength ahead of a potentially large interest rate increase.

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