Auto Industry

Reuters

Aug 22, 2022, 12:55 AM

Twitter Queries Banks On Musk's Attempts To Undermine $44 Billion Deal

Twitter 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.

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  Reuters | Aug 22, 2022

  Aeva Strikes Deal To Sell Industrial Sensors To Germany Automation Firm

  Aeva 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.

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  Reuters | Aug 22, 2022

  China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan

  China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023

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  Reuters | Aug 22, 2022

  Indonesia President Wants Tesla To Make Electric Cars In Country - Sources

  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.

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  Reuters | Aug 22, 2022

  U.S. Extends Public Input On GM, Ford Self-Driving Petitions

  U.S. auto safety regulators will extend a deadline for public input on General Motors and Ford Motor petitions seeking to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.

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  Reuters | Aug 22, 2022

  Tesla Cuts Delivery Waiting Time For Model Y In China To A Minimum Of 4 Weeks

  Electric auto giant Tesla said it has slashed the delivery waiting time for its Model 3 and Model Y cars in China as it ramps up output at its Shanghai plant after upgrading production lines.

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  Reuters | Aug 22, 2022

  As US Eyes New China Chip Curbs, Turmoil Looms For Global Market

  Export restrictions being considered by Washington to halt China's advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip supply chains - and hurting U.S. businesses.

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  Reuters | Aug 22, 2022

  Infineon Quarterly Revenue Beats, Lifts 2022 Outlook On Chip Demand

  Infineon, the leading supplier of microchips to the auto industry, on Wednesday reported a rise in third-quarter revenue and lifted its full-year outlook as it continues to benefit from a global shortage of semiconductors.

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  Reuters | Aug 21, 2022

  Sierra Leone Doctors Strike Over Pay, Fuel Allowances

  Doctors across Sierra Leone began an indefinite strike on Monday to protest low pay and lack of benefits, leaving dozens of patients in hospital waiting rooms in need of care.

  1 min read