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Auto Industry
Reuters
Jan 23, 2022, 9:58 PM
VinFast is betting big on the U.S. market, where it hopes its electric SUVs and a battery leasing model will be enough to tempt consumers away from the likes of Tesla and General Motors.
1 Min
Reuters | Jan 23, 2022Brazil's WEG and Neoenergia Announce Partnership In Charging Stations For Electric VehiclesThe company will provide equipment produced nationally with a power of 7.4 kilowatts, ideal for homes or residential buildings, and 22 kilowatts, which is more suitable for companies.1 min read
Reuters | Jan 23, 2022UK Self-Driving Startup Wayve Raises $200 Million To Scale Up TechnologyThe Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.1 min read
Reuters | Jan 23, 2022Chip Supplier ASML Forecasts Strong 2022 Despite Fire HitASML Chief Executive Peter Wennink said "the expected impact of the fire in part of a building at our Berlin site is included" in the 2022 growth forecast.1 min read
Reuters | Jan 23, 2022Nonprofit Groups To Rate U.S. Vehicle Driver Monitoring SystemsThe announcements come amid scrutiny of Tesla's driver assistance system Autopilot, which handles some driving tasks and allows drivers to keep their hands off the wheel at times.1 min read
Reuters | Jan 23, 2022Oil Up, Settles Near 7-Year Highs After Iraq-Turkey Pipeline OutageBrent crude futures settled up 93 cents, or 1.1%, at $88.44 a barrel. The global benchmark earlier touched $89.13, its highest level since Oct. 13, 2014.1 min read
Reuters | Jan 23, 2022Asian Prices Fall Amid Chinese LNG Cargo Sale TendersThe average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from the previous week, industry sources said.1 min read
Reuters | Jan 23, 2022Oil Slides On Friday, But Climbs For 5th Week On Supply ConcernsBrent futures fell 49 cents, or 0.6%, to settle at $87.89 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents, or 0.5%, to settle at $85.14.1 min read
Reuters | Jan 23, 2022Europe's EV Drive Comes With Environmental, Social Risks, Stellantis CEO SaysCEO Carlos Tavares has mapped out a 30 billion euro ($34 billion) electrification plan that helped Stellantis shares surge more than 60% in their first year.1 min read
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