Cars News
China's Li Auto Sees Higher Deliveries In Q4; Third-Quarter Loss Widens
Li Auto Inc forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management.

Toyota Launches Second Hybrid Vehicle In India Amid Green Car Push
Dec 31, 2022 05:40 PM
Toyota launched its second hybrid car in India, a seven-seat people-carrier, as part of a broader strategy to double-down on the sale of electrified vehicles in emerging markets.

Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Dec 31, 2022 05:40 PM
Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year

Tesla To Shorten Shanghai Shifts, Delay Hiring - Report
Dec 31, 2022 05:36 PM
Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.

German Car Giants And Asian Battery Kings: A Match Made In Hungary
Dec 31, 2022 05:36 PM
Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.

Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023
Dec 31, 2022 05:36 PM
Indonesia targets 20% of overall car sales in 2025 to be EVs
Europe's Car Repairers Call For Competition Rules Rewrite
Dec 31, 2022 05:35 PM
The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.

Tesla Driver In Multi-Car Crash Told Police Self-Driving Software Malfunctioned
Dec 31, 2022 05:35 PM
The police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.

Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm Investors
Dec 31, 2022 05:35 PM
Tesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.

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