Auto Industry
Reuters
Aug 22, 2022, 12:55 AM
Italy 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.
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Reuters | Aug 22, 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 22, 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 22, 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 22, 2022Indonesia President Wants Tesla To Make Electric Cars In Country - SourcesIndonesian 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 mins read
Reuters | Aug 22, 2022U.S. Extends Public Input On GM, Ford Self-Driving PetitionsU.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.1 min read
Reuters | Aug 22, 2022Tesla Cuts Delivery Waiting Time For Model Y In China To A Minimum Of 4 WeeksElectric 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.1 min read
Reuters | Aug 22, 2022As US Eyes New China Chip Curbs, Turmoil Looms For Global MarketExport 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.4 mins read- Reuters | Aug 22, 2022Infineon Quarterly Revenue Beats, Lifts 2022 Outlook On Chip DemandInfineon, 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.1 min read
