Electric Mobility

Reuters

Aug 29, 2022, 10:42 PM

Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025

Britain said it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing plans for new laws and 100 million pounds ($119.09 million) of funding.

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  Reuters | Aug 29, 2022

  India's Adani Power To Buy DB Power For Rs. 7,000 Cr.

  Adani Power Ltd are set to buy thermal power plant operator DB Power for an enterprise value of Rs. 7017 Crore ($879.14 million) as India's largest private thermal power producer looks to expand operations.

  1 min read
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  Reuters | Aug 29, 2022

  EV Maker Faraday Future To Raise Up To $600 Million In Funding

  EV startups that promised to disrupt the auto industry by using a technology-heavy approach to their vehicle designs are now scrambling to secure fresh lines of cash and cut costs due to rising commodity prices.

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  Reuters | Aug 29, 2022

  Arrival To Delay Spending On Bus Project After Posting Wider Loss

  British electric vehicle start-up Arrival SA reported a wider quarterly loss on Thursday and said it would delay spending on its bus project as it looks to secure more capital, sending its U.S-listed shares down 13%.

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  Reuters | Aug 29, 2022

  EU, South Korea Say U.S. Plan For EV Tax Breaks May Breach WTO Rules

  The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules.

  3 mins read
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  Reuters | Aug 29, 2022

  China's CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW

  China'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
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  Reuters | Aug 29, 2022

  Automakers Scramble To Decode New U.S. EV Tax Credits

  U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs).

  1 min read
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  Reuters | Aug 29, 2022

  EV Startup Fisker Explores Higher Production In 2023, U.S. Manufacturing

  Fisker Inc said it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean SUV, in the second half of 2023.

  1 min read
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  Reuters | Aug 29, 2022

  Chasing Green Goals, Corporations Push Car Fleet Managers Toward EVs

  Large corporations are jumping on the "green" bandwagon left and right, which in turn is pushing firms that lease and manage car fleets to convert to electric vehicles (EVs) faster than they had ever thought possible.

  4 mins read