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Auto · 26 Dec 2022
Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon – Report
A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.
Auto · 26 Dec 2022
Kinetic Engineering Commences E-Luna Chassis & Component Production
The E-Luna will be based on Kinetic’s original Luna moped that was first launched in India over half a century ago.
Auto · 26 Dec 2022
Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023
Indonesia targets 20% of overall car sales in 2025 to be EVs
Auto · 26 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 · 26 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 · 26 Dec 2022
Tesla Falls On Growing Angst Over Musk’s Focus On Twitter
Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could…
Auto · 26 Dec 2022
Tesla Driver In Multi-Car Crash Told Police Self-Driving Software Malfunctioned
The police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a…
Auto · 26 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 · 26 Dec 2022
Mahindra Thar To Get New 4×2 Variants
Aside from missing out on the four-wheel drive system, the diesel Thar will also come with a smaller 1.5-litre engine.
Auto · 26 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…