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Ford: U.S. Should Ease 'Foreign Entity' Rules So That More EVs Get Tax Credits

Nov 30, 2022 09:21 PM

2 mins read

Ford Motor Co said the U.S. Treasury Department should limit the definition of a "foreign entity of concern" to ensure more electric vehicles can qualify for up to $7,500 in consumer tax credits.

Brazil Road Blockades Disrupting Fuel Distribution Nationwide - Report

By Reuters

Nov 30, 2022 09:18 PM

Protests blocking Brazilian roads in several states are disrupting fuel distribution nationwide.

Malian Minister Says Russia Will Ship Food And Fuel To Mali In Coming Weeks

By Reuters

Nov 30, 2022 09:18 PM

Mali expects Russia to send shipments of fuel, fertiliser and food worth around $100 million to Mali in the coming weeks.

Oil Up Nearly 2% As Weaker Dollar Offsets China Concerns

By Reuters

Nov 30, 2022 09:18 PM

Oil prices rose recouping losses from the previous session, on optimism that China could reopen from strict COVID curbs.

Lyft, Motional To Launch Robotaxi Service In Los Angeles

By Reuters

Nov 30, 2022 09:17 PM

Lyft and driverless technology firm Motional said that residents in Los Angeles will be able to book robotaxis on the ride-hailing company's app.

Bond Yields Fall On 10-Year U.S. Yield's Drop Below 4%, Subdued Oil

By Reuters

Nov 30, 2022 09:17 PM

The benchmark 10-year Indian government bond yield ended at 7.3957%, after rising five basis points (bps) to 7.4454% on Monday.

U.S. Autonomous Delivery Vehicle Startup Nuro Cuts Staff By 20%

By Reuters

Nov 30, 2022 09:16 PM

Autonomous delivery vehicle maker Nuro is laying off about 20% of its workforce after admitting that rapid hiring in the past year was a mistake.

Lancia Reborn As An Electric Car Company

By Sahil Gupta

Nov 30, 2022 08:36 PM

In 2021, when FCA merged with the PSA group to form Stellantis, many believed that Lancia would be one of the brands that will be get killed off, but clearly, Stellantis has no intention of doing so.