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Auto Industry
Reuters
Aug 29, 2022, 10:51 PM
Indonesian President Joko Widodo has urged electric vehicle (EV) maker Tesla to manufacture its cars, as well as batteries, in the country, in comments made to Bloomberg News.
2 Min
Reuters | Aug 29, 2022China Extends NEV Purchase Tax Exemption Worth 100 Billion YuanChina will extend its exemption of new energy vehicles' from purchase taxes to the end of 20230 mins read
Reuters | Aug 29, 2022Aeva Strikes Deal To Sell Industrial Sensors To Germany Automation FirmAeva Technologies Inc said it has reached a deal with a German firm to sell its sensors for industrial uses such as automating manufacturing lines with machines and self-driving mining trucks.1 min read
Reuters | Aug 29, 2022Twitter Queries Banks On Musk's Attempts To Undermine $44 Billion DealTwitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also looking into his motivation for backing out of the deal, legal experts said.4 mins read
Reuters | Aug 29, 2022Italy, Intel Close To $5 Billion Deal For Chip Factory - SourcesItaly is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters.2 mins read
Reuters | Aug 29, 2022Analysis-Why The Banks Financing Musk's Twitter Deal Are Unlikely To Be Able To Help Him Walk AwayThe banks that agreed to finance Elon Musk's $44 billion acquisition of Twitter Inc have a financial incentive to help the world's richest person walk away but would face long legal odds, according to people close to the deal and corporate law experts.4 mins read
Reuters | Aug 29, 2022Baidu Bags China's First Fully Driverless Robotaxi LicensesChina search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.2 mins read
Reuters | Aug 29, 2022U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative PushTwo members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.2 mins read
Reuters | Aug 29, 2022Biden Signs Bill To Boost U.S. Chips, Compete With ChinaPresident Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.2 mins read
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