Cars News
Biden Awards $2.8 Billion To Boost U.S. Minerals Output For EV Batteries
The grants, which are going to projects across at least 12 states, mark the latest push by the Biden administration to help reduce the country's dependence on China and other nations for the building blocks of the green energy revolution.
Automakers Need More Time To Meet U.S. Minerals Requirements For EVs - Execs
Oct 27, 2022 01:42 PM
The Inflation Reduction Act, as currently written, requires automakers to have 50% of critical minerals used in EV batteries come from North America or U.S. allies by 2024, rising to 80% by the end of 2026.
Tesla Investors To Focus On Demand Issues In Earnings Report
Oct 27, 2022 01:42 PM
Decades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla can buck an economic slowdown and continue to raise prices without hurting its sales.
Oil Prices Settle Lower On U.S. Supply, Lower China Demand
Oct 27, 2022 01:42 PM
Brent crude futures settled down 1.7%, to $90.03 per barrel, while U.S. West Texas Intermediate (WTI) crude settled down 3.1%, to $82.82 per barrel on Tuesday
Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating Volkswagen
Oct 27, 2022 01:42 PM
As per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.
Vietnam's VinFast Recalls A Third Of Its Sold EVs To Replace Sensors
Oct 27, 2022 01:41 PM
VinFast, which began operations in 2019, is a unit of Vietnam's biggest conglomerate Vingroup and has sold 2,208 EVs in total since its launch late last year.
India's Tata Motors Shares Fall 5% As Jaguar Land Rover Wholesale Volumes Falter
Oct 27, 2022 01:34 PM
JLR wholesale volumes - excluding its joint venture in China - were 75,307 for the second quarter down from the expected wholesales volumes of around 90,000
Betting On Flexibility, China's Nio Will Only Rent Cars In New EU Markets
Oct 27, 2022 01:33 PM
Nio will only lease its cars when it launches in four European markets this year.
Tesla Will Remove More Vehicle Sensors Amid Autopilot Scrutiny
Oct 27, 2022 01:28 PM
Tesla Inc said it will remove ultrasonic sensors from its vehicles starting this month.
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