Cars
Reuters
Aug 29, 2022, 10:51 PM
China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023
0 Min
Reuters | Aug 29, 2022Baidu Bags China's First Fully Driverless Robotaxi LicensesChina 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.2 mins read
Reuters | Aug 29, 2022U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative PushTwo members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.2 mins read
Reuters | Aug 29, 2022Biden Signs Bill To Boost U.S. Chips, Compete With ChinaPresident 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.2 mins read
Reuters | Aug 29, 2022Oil Costs Spur India To Produce Ethanol From Farm WasteIndia 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.2 mins read
Reuters | Aug 29, 2022SAIC Motor's Ridehailing Unit Raises 1 Billion Yuan In Series B FundingMomenta'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 driving1 min read- Reuters | Aug 29, 2022India Buys Discounted Venezuelan Petcoke To Replace CoalIndian 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.3 mins read
- Reuters | Aug 29, 2022SAIC Motor's Robotaxi Unit Raises 1 Billion Yuan In Series B FundingA robotaxi unit of China’s state-owned SAIC Motor has raised more than 1 billion yuan ($147.37 million) in a second round of fundraising from its autonomous technology partner Momenta and several other institutions, according to a Momenta statement and a person familiar with the matter.1 min read
Reuters | Aug 29, 2022China's CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMWChina's CATL said it would build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, Europe's largest so far, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.2 mins read
