Auto Industry
Reuters
Jan 22, 2022, 8:17 PM
China needs to bring zero emissions vehicle sales to 63% by 2030 and 87% by 2035 if it is to meet its targets, the environmental group estimated.
1 Min
Reuters | Jan 22, 2022Nikola, Proterra Enter Into Battery Supply Deal For Semi-TrucksNikola's trucks fitted with Proterra's batteries are expected to be produced in the fourth quarter of 2022 with prototypes systems being delivered to the truck maker in the second quarter, the company said.1 min read
Shubham Parashar | Jan 23, 2022Toyota Confirms Four-Year Long Waiting Period For The New Land Cruiser LC300The delay in delivery is primarily due to the ongoing semiconductor crisis which has disrupted production of automobiles across the globe.1 min read
Reuters | Jan 22, 2022Maharashtra State Bats For Tesla Over Import Tax On EVsMaharashtra state on Wednesday urged the federal government to lower tax rates on imported cars in the budget on Feb. 1, following calls by electric carmakers like Tesla1 min read
Reuters | Jan 22, 2022EU To Propose Microchips Law In Early February, EU Chief SaysThe proposal, known as the European Chips Act, will aim to adapt state aid rules, improve tools to anticipate shortages and crisis and strengthen research capacity in the bloc.1 min read
Reuters | Jan 22, 2022Vedanta To Create $10 Billion Fund To Bid For BPCL Stake, Other AssetsVedanta plans to create a $10 billion fund to bid for assets including the Indian government's stake in Bharat Petroleum Corp Ltd (BPCL).1 min read
Reuters | Jan 22, 2022Hyundai Motor Partners With Quantum Computer Firm IonQ For Battery DevelopmentThe partnership will create a battery chemistry model to simulate the structure and energy of lithium oxide, to help improve the performance, costs, and safety of lithium batteries, IonQ said.1 min read
Reuters | Jan 22, 2022China's Industry Ministry Expects Tight Chip Supply For Relatively Long PeriodChina encourages key domestic enterprises to increase investment and promote better supply capacity of the entire chip industry chain.1 min read
Reuters | Jan 22, 2022Mitsubishi Says Chip Shortage May Continue To Hit Mexican Output In H1: ReportHeld back by the chip shortages, auto output in Mexico fell by 2% in 2021 from the previous year, the fourth consecutive annual decline.1 min read
