Electric Mobility

Reuters

Dec 31, 2022, 5:44 PM

U.S. Finalizes $2.5 Billion Loan To GM, LG Battery Joint Venture

The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan.

2 Min

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  Reuters | Dec 31, 2022

  Mahindra CEO Sees U.S. Entry For New Electric Vehicles At Least Five Years Away

  Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.

  1 min read
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  Reuters | Dec 31, 2022

  Musk Delivers First Tesla Truck, But No Update On Output, Pricing

  Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.

  4 mins read
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  Reuters | Dec 31, 2022

  Apple Scales Back Self-Driving Car, Delays Launch To 2026: Report

  The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.

  1 min read
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  Reuters | Dec 31, 2022

  German Car Giants And Asian Battery Kings: A Match Made In Hungary

  Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.

  7 mins read
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  Reuters | Dec 31, 2022

  Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023

  Indonesia targets 20% of overall car sales in 2025 to be EVs

  1 min read
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  Reuters | Dec 31, 2022

  China's BYD To Start Selling Evs In Japan By Early 2023

  China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66).

  2 mins read
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  Reuters | Dec 31, 2022

  Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035

  In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.

  1 min read
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  Reuters | Dec 31, 2022

  Tesla Falls On Growing Angst Over Musk's Focus On Twitter

  Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.

  1 min read