Auto Industry News

Uber already has a similar program in California, launched in the wake of a 2020 state battle over gig worker rights to prove its drivers are independent contractors.

Taiwan is a major chip manufacturer, home to the world's largest contract chip manufacturer and Asia's most valuable listed company.

Recycling a car can have direct as well as indirect energy benefits. Recycling a car can save iron ore, coal, limestone, plastic, rubber, etc.

Volkswagen Chief Executive Herbert Diess said on Wednesday he expects the car industry to see widespread autonomous driving within 25 years and that the company was pursuing new partnerships to increase its self-sufficiency in software.

Toyota has committed 8 trillion yen ($69 billion) on electrification up to 2030 and expects to sell around 3.5 million battery EVs worldwide by then. That represents around a third of Toyota's current annual auto sales.

The more conventional Tesla Model 3 is ranked as "average" by Consumer Reports.

The EV scheme for 2022-2025 was approved last week as part of a zero-emission vehicle policy and a goal of ensuring 30% of Thailand's total auto production are EVs by 2030.

The largest part of that budget was allocated to expanding its 1-billion-euro Dresden factory producing 300-millimeter wafers, which the group inaugurated in June.