Cars
Reuters
Dec 1, 2022, 5:29 AM
Toyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said.
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Reuters | Dec 1, 2022Fisker To Sell Electric SUV In India With View To Local ProductionSales of electric cars in India will gather pace by 2025-26, Henrik Fisker said in an interview in New Delhi, adding that the company wants to secure a first-mover advantage.3 mins read
Reuters | Dec 1, 2022Chipmaker Qualcomm Says Automotive Future Business Expands To $30 BillionQualcomm said the automotive market size it is targeting could grow to as large as $100 billion by 2030.2 mins read
Reuters | Dec 1, 2022Car Electrification Unlikely To Erase Market For Ethanol, Says ProducerThe global movement by governments and automakers to boost electrification of cars does not mean ethanol will be dead as a product, according to an executive of one of the world's largest producers of the biofuel.1 min read
Reuters | Dec 1, 2022Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.STaiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.2 mins read
Reuters | Dec 1, 2022This Decade's Oil Boom Is Moving Offshore - Way OffshoreGlobal oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.5 mins read
Reuters | Dec 1, 2022Oil Prices Climb 1% As U.S. Fuel Inventories FallOil prices recovered slightly as data pointed to firm U.S. fuel demand, providing respite after a 5% drop a day earlier on fears that demand will suffer from increased China COVID curbs and central bank interest rate hikes.2 mins read
Reuters | Dec 1, 2022Musk Looks To Delay Twitter Trial Following Whistleblower ClaimsElon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.3 mins read
Reuters | Dec 1, 2022In Poland, Where Coal Is King, Homeowners Queue For Days To Buy FuelIn Poland's late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating fuel in queues reminiscent of communist times.3 mins read
