Auto Industry News
U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles
The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.
Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report
Dec 26, 2022 08:42 PM
A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.
Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023
Dec 26, 2022 08:35 PM
Indonesia targets 20% of overall car sales in 2025 to be EVs
Kinetic Engineering Commences E-Luna Chassis & Component Production
Dec 26, 2022 07:49 PM
The E-Luna will be based on Kinetic’s original Luna moped that was first launched in India over half a century ago.
China's BYD To Start Selling Evs In Japan By Early 2023
Dec 26, 2022 06:38 PM
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).
Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
Dec 26, 2022 06:36 PM
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.
Musk Says Wise To Avoid Margin Loans During Macroeconomic Risks
Dec 26, 2022 06:29 PM
Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter about the electric-vehicle maker's stock performance.
Mahindra Thar To Get New 4x2 Variants
Dec 26, 2022 06:08 PM
Aside from missing out on the four-wheel drive system, the diesel Thar will also come with a smaller 1.5-litre engine.
Europe's Car Repairers Call For Competition Rules Rewrite
Dec 26, 2022 05:43 PM
The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.
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