Cars News
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Are Auto Shows Dead After Pandemic? LA Shows Some Life
The Los Angeles Auto Show, the first major U.S. auto show since the start of the pandemic, kicked off on Wednesday with a single day of press events, with some automakers even skipping the show.
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UK To Require Charge Points For Electric Vehicles In New Buildings
Nov 22, 2021 04:20 PM
Charging points for electric vehicles will be required to be installed in new buildings in Britain from next year under new legislation to be announced by Prime Minister Boris Johnson, his office said in a statement.
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California OKs $1.4 Billion Plan For Car Chargers, Hydrogen Refueling
Nov 21, 2021 10:39 PM
The CEC said the plan, approved on Monday, will support California Governor Gavin Newsom's executive order phasing out the sale of new gasoline-powered passenger vehicles by 2035.
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JPMorgan Sues Tesla For $162 Million After Musk Tweets Soured Warrant Deal
Nov 21, 2021 10:33 PM
According to the complaint, Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.
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Ferrari Unveils Limited-Run Daytona SP3
Nov 21, 2021 10:11 PM
The Daytona SP3 will be produced in 599 units, with a not-for-everyone price of 2 million euros ($2.26 million) in Italy. Deliveries will start at the end of next year and are expected to be completed in 2024.
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Uber Introduces Revamped Shared Rides Offer In The U.S
Nov 21, 2021 09:16 PM
Passengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.
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Tesla Climbs As Other EV Makers Hit Brakes After Rally
Nov 21, 2021 09:10 PM
Investors exchanged $33.8 billion worth of Tesla shares on Wednesday, more than any other company on Wall Street and more than double the turnover of Apple, the second most traded company, according to Refinitiv.
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Fisker Unveils Electric SUVs To Beat Tesla Over Driving Range
Nov 21, 2021 07:42 PM
Fisker said the base Ocean Sport model will be priced at $37,499 and achieve a driving range of 250 miles per charge.
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Canada's Power Chip Maker GaN Systems Raises $150 Million, Pushes On Electric Car Market
Nov 21, 2021 06:53 PM
BMW and Toyota Motor Corp have been investors in GaN Systems for several years, and Witham said GaN recently signed its first "capacity agreement" with BMW to guarantee delivery of power chips worth over a quarter of a billion dollars.
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