Auto Industry

Reuters

Jul 28, 2022, 6:01 PM

Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEO

India's Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification needs, its CEO said, after the company raised funds for its new electric vehicle (EV) unit at a $9.1 billion valuation.

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  Reuters | Jul 31, 2022

  China's BYD To Start Selling Electric Vehicles In Japan Next Year

  BYD held a brand conference in Tokyo and announced plans to start selling a small all-electric battery car called the ATTO 3 at the start of next year, followed by two additional EV models later in 2023.

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  Reuters | Jul 28, 2022

  Redwood Materials Plans To Spend $3.5 Billion On Making EV Battery Essentials

  The auto industry has been ramping up production of electric vehicles (EV) to meet a demand surge, driving up orders for batteries and raw materials such as lithium, cobalt, etc.

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  Reuters | Jul 28, 2022

  Germany To Reduce Electric Car Subsidies In 2023

  Under the plan, premiums for fully electric-powered vehicles priced below 40,000 euros will fall to 4,500 euros at the beginning of next year from 6,000 euros currently, and fall to 3,000 euros in the following year.

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  Jaiveer Mehra | Jul 28, 2022

  Honda 2 Wheelers Commences Exporting SP 125 To Australia, New Zealand

  The motorcycle will be exported as a CBU and will be rebadged as the CB 125F.

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  Reuters | Jul 28, 2022

  Tesla Plays 'Whack-A-Mole' With Snags As Deliveries Fall For First Time In Two Years

  Tesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years.

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  Reuters | Jul 28, 2022

  Fans Take BYD To Task As Recall Confusion Clouds Chinese EV Maker's Image

  Customers of China's BYD Co Ltd, the world's biggest electric vehicle (EVs) maker by sales, have taken the unusual step of urging regulators to expand a battery replacement recall to safeguard the reputation of a national champion.

  4 mins read
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  Reuters | Jul 28, 2022

  Tesla Braces For Earnings Hit, But EV Delivery Outlook Is Key

  Tesla navigated supply-chain challenges better than rivals early in the pandemic, and Deutsche Bank analyst Emmanuel Rosner said high prices and cost-cutting could help Tesla pleasantly surprise investors.

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  Reuters | Jul 28, 2022

  Analysis-'Unknowns' Delay Tesla's Ramp-up Of Its Own Cutting-Edge Batteries

  Tesla said on Wednesday it would rely on suppliers to meet battery demand this year, as the necessity of learning new technologies is holding back its plan to boost production of its own batteries.

  4 mins read