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Auto · 31 Dec 2022
Europe’s Car Repairers Call For Competition Rules Rewrite
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.
Auto · 31 Dec 2022
How A Secret Software Change Allowed FTX To Use Client Money
In mid-2020, FTX’s chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by…
Auto · 31 Dec 2022
Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
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…
Auto · 31 Dec 2022
China’s BYD To Start Selling Evs In Japan By Early 2023
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…
Auto · 31 Dec 2022
Russian Oil Sold To India Below Price Cap In Buyers’ Market
The European Union ban on imports of Russia’s seaborne oil from Dec. 5 has driven Moscow to seek alternative markets, mainly in Asia, for about 1 million…
Auto · 31 Dec 2022
LG Energy Solution To Invest $3.1 Billion In S.Korea Battery Facility
The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure
Auto · 31 Dec 2022
Tesla Plans To Announce Mexico EV Plant Soon – Report
The plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.
Auto · 31 Dec 2022
Self-Driving Trucking Firm TuSimple Appoints CFO, Reconstitutes Audit Panel
The company reappointed former chief executive Cheng Lu as its top boss last month after it fired his predecessor Xiaodi Hou following a probe.
Auto · 31 Dec 2022
Faraday Future Slides On Signaling Need For Funds To Start Production
The company is one of the many EV startups struggling to launch its products as a bleak global growth outlook and a funding squeeze dented production schedules…
Auto · 31 Dec 2022
Nikola Founder Seeks New Trial, Says Juror Concealed Bias Against Wealthy
Milton told U.S. District Judge Edgardo Ramos in court papers that the juror’s Twitter and Facebook pages were “riddled with attacks on wealthy executives”