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  • Analysis-Tesla's Search For Mexico Location Shows Bumps On Nearshoring Road

    Analysis-Tesla's Search For Mexico Location Shows Bumps On Nearshoring Road

    ReutersBy Reuters•Feb 23, 2023 12:14 PM0

    Nuevo Leon - which recent reports suggest is now the most likely destination - boasts quick access to the United States, a skilled workforce and comfortable living for executives.

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  • VW, Mercedes-Benz Urge Berlin To Accelerate EV Charging Network Expansion: Report

    VW, Mercedes-Benz Urge Berlin To Accelerate EV Charging Network Expansion: Report

    ReutersBy Reuters•Feb 23, 2023 12:25 PM•1 min read

    VW Chief Executive Oliver Blume agreed more speed was needed and that the construction of charging stations was "a common task of the economy, federal government and communes".

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  • Jaguar Land Rover Opens Three European Self-Driving Tech Hubs

    Jaguar Land Rover Opens Three European Self-Driving Tech Hubs

    ReutersBy Reuters•Feb 23, 2023 12:17 PM0

    The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR's next generation of luxury vehicles. JLR already has six global tech hubs the United States, China and Europe.

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  • Nio To Build Factory In China For Budget EVs: Report

    Nio To Build Factory In China For Budget EVs: Report

    ReutersBy Reuters•Feb 23, 2023 12:10 PM0

    The plan to broaden the company's lineup and expand overseas sales comes as EV sales sharply weaken in China, the world's largest auto market, following an end in state subsidies for EV purchases.

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  • Tesla Recalls 362,000 U.S. Vehicles Over Full Self-Driving Software

    Tesla Recalls 362,000 U.S. Vehicles Over Full Self-Driving Software

    ReutersBy Reuters•Feb 20, 2023 12:38 PM•4 mins read

    Tesla issued the recall after US regulators said that the driver assistance system did not adequately adhere to traffic safety laws

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  • Ola Plans $920 Million India Investment In Electric Cars, Batteries

    Ola Plans $920 Million India Investment In Electric Cars, Batteries

    ReutersBy Reuters•Feb 18, 2023 03:21 PM0

    Ola will invest Rs. 7614 crore through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, drawn to the growing demand for EVs in India.

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  • Ford To Build Battery Plant In Michigan In Drive With Chinese Tech Partner

    Ford To Build Battery Plant In Michigan In Drive With Chinese Tech Partner

    ReutersBy Reuters•Feb 16, 2023 10:58 AM•4 mins read

    The automaker has a goal of building 600,000 EVs a year by the end of 2023.

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  • Indian Automaker Mahindra's Q3 Profit Rises On SUV, Tractor Demand

    Indian Automaker Mahindra's Q3 Profit Rises On SUV, Tractor Demand

    ReutersBy Reuters•Feb 12, 2023 11:15 AM0

    Mahindra, known for XUV, Thar and Scorpio cars, said profit rose to Rs. 1528 crore ($185.2 million) in the three months that ended December 31, from Rs. 1335 crore.

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  • In Alliance Reboot, Nissan To Buy Up To 15% Stake In Renault EV Unit

    In Alliance Reboot, Nissan To Buy Up To 15% Stake In Renault EV Unit

    ReutersBy Reuters•Feb 7, 2023 12:37 PM0

    The size of Nissan's investment or even a firm commitment to put money into the EV unit, Renault's flagship business which is due to be listed on the market, has so far been unclear.

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  • BMW Evaluates More EVs For India Amid Growing Demand

    BMW Evaluates More EVs For India Amid Growing Demand

    ReutersBy Reuters•Feb 4, 2023 03:01 PM0

    BMW plans to have 12 electric vehicles on sale in global markets by end-2023 with each expected to be evaluated for India

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  • India Raises Tax On Imported Cars, Motorbikes, Including EVs

    India Raises Tax On Imported Cars, Motorbikes, Including EVs

    ReutersBy Reuters•Feb 4, 2023 12:00 PM0

    Taxes on automobiles in India, the world's third-largest car market, rank among the highest globally

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  • Tata Considers Spain, Britain For European EV Battery Plant - Report

    Tata Considers Spain, Britain For European EV Battery Plant - Report

    ReutersBy Reuters•Feb 4, 2023 10:58 AM0

    Tata was attracted by Spain's allocation of European Union pandemic relief funds to promote EV and battery manufacturing, and its status as a member of the EU.

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  • Volvo Readies EV Blitz In Biggest Product Revamp Under Geely

    Volvo Readies EV Blitz In Biggest Product Revamp Under Geely

    ReutersBy Reuters•Feb 3, 2023 10:55 AM0

    The Swedish carmaker is expected to launch at least six new battery electric vehicles through 2026

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  • Renault-Nissan Plan India Reboot In Test Of Reshaped Alliance

    Renault-Nissan Plan India Reboot In Test Of Reshaped Alliance

    ReutersBy Reuters•Feb 3, 2023 10:08 AM0

    The alliance in India is expected receive a fresh round of investment lead by Nissan which would see new models be launched under both brands from 2025

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  • Rupee Down As Oil Prices Gain Further, Forward Premiums Fall

    Rupee Down As Oil Prices Gain Further, Forward Premiums Fall

    ReutersBy Reuters•Jan 31, 2023 11:52 PM0

    The Indian rupee eased slightly as oil prices rose and investors assessed China's move to ease COVID curbs while cases continued to rise in the country.

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  • Russia's Angarsk Oil Refinery Says Fire Extinguished, Fuel Production Continues

    Russia's Angarsk Oil Refinery Says Fire Extinguished, Fuel Production Continues

    ReutersBy Reuters•Jan 31, 2023 11:47 PM0

    A fire that killed two people at Russia's Angarsk refinery has been extinguished.

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  • Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'

    Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'

    ReutersBy Reuters•Jan 31, 2023 11:39 PM0

    Tesla's plummeting share price has hurt the value of shares owned by the EV maker's employees. Tesla has offered stock compensation for most employees including factory workers.

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  • India Orders Rickshaws Around Delhi To Run On Cleaner Fuel

    India Orders Rickshaws Around Delhi To Run On Cleaner Fuel

    ReutersBy Reuters•Jan 31, 2023 11:37 PM0

    India is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.

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  • Tesla To Freeze Hiring, Lay Off Employees Next Quarter - Report

    Tesla To Freeze Hiring, Lay Off Employees Next Quarter - Report

    ReutersBy Reuters•Jan 31, 2023 11:35 PM0

    The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.

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  • India Sees No Hit To Fuel Exports From EU Feb 5 Action On Russian Imports - Report

    India Sees No Hit To Fuel Exports From EU Feb 5 Action On Russian Imports - Report

    ReutersBy Reuters•Jan 31, 2023 11:30 PM0

    Indian refiners have been gorging on Russian oil sold at a discount as some Western entities shun purchases from Moscow following its invasion of Ukraine in late February.

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