Cars

Reuters

Aug 29, 2022, 10:51 PM

Tesla Cuts Delivery Waiting Time For Model Y In China To A Minimum Of 4 Weeks

Electric auto giant Tesla said it has slashed the delivery waiting time for its Model 3 and Model Y cars in China as it ramps up output at its Shanghai plant after upgrading production lines.

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  Reuters | Aug 29, 2022

  Indonesia President Wants Tesla To Make Electric Cars In Country - Sources

  Indonesian President Joko Widodo has urged electric vehicle (EV) maker Tesla to manufacture its cars, as well as batteries, in the country, in comments made to Bloomberg News.

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  Reuters | Aug 29, 2022

  China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan

  China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023

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  Reuters | Aug 29, 2022

  Baidu Bags China's First Fully Driverless Robotaxi Licenses

  China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.

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  Reuters | Aug 29, 2022

  U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative Push

  Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.

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  Reuters | Aug 29, 2022

  Biden Signs Bill To Boost U.S. Chips, Compete With China

  President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.

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  Reuters | Aug 29, 2022

  Oil Costs Spur India To Produce Ethanol From Farm Waste

  India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.

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  Reuters | Aug 29, 2022

  SAIC Motor's Ridehailing Unit Raises 1 Billion Yuan In Series B Funding

  Momenta's investment in SAIC's ridehailing unit comes as startups have been pouring billions of dollars into autonomous technology, aiming to take an early lead in commercializing autonomous driving

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  Reuters | Aug 29, 2022

  India Buys Discounted Venezuelan Petcoke To Replace Coal

  Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation boosts exports not specifically targeted by U.S. sanctions.

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