Cars

Reuters

Dec 31, 2022, 5:33 PM

Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYD

The sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95%

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  Reuters | Dec 31, 2022

  Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU

  Kosovo and Serbia reached a deal on Wednesday to end a nearly two-year dispute over car licence plates in northern Kosovo, which the West had warned could trigger ethnic violence, the European Union's foreign policy chief said.

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  Reuters | Dec 31, 2022

  Chinese Dealers Seek Compensation Over Stellantis Jeep Failure

  Stellantis is overhauling its strategy in China after agreeing to file for bankruptcy of its Jeep joint venture with local partner Guangzhou Automobile Group (GAC) in October.

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  Reuters | Dec 31, 2022

  Tesla Plans To Announce Mexico EV Plant Soon - Report

  The plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.

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  Reuters | Dec 31, 2022

  LG Energy Solution To Invest $3.1 Billion In S.Korea Battery Facility

  The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure

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  Reuters | Dec 31, 2022

  Kremlin Says It Is Finalising Last Details Of Response To Oil Price Cap

  Moscow has repeatedly said it will not sell oil to countries that comply with the cap

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  Reuters | Dec 31, 2022

  Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion

  Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.

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  Reuters | Dec 31, 2022

  Oil Slumps By Over $2/bbl, Dogged By Recession Fears

  Oil prices briefly erased some losses after officials said the U.S. Energy Department will repurchase 3 million barrels of domestic crude oil for the Strategic Petroleum Reserve.

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  Reuters | Dec 31, 2022

  Electric Vehicles Confront The Leap To The Mass Market

  The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.

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