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Auto · 22 Dec 2022
India Seeks To Use Global Energy Challenge As Opportunity, Says Minister
India hopes to convert the current global oil challenges from the Ukraine crisis into an opportunity to secure affordable energy, Oil Minister Hardeep Singh Puri said.
Auto · 22 Dec 2022
U.S Says G7 Should Soon Unveil Price Cap Level On Russian Oil, Adjust Regularly
The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a…
Auto · 22 Dec 2022
Toyota Offers Cheaper Prius If Customers Take Software Updates
The lease program will require customers to opt in for a service expected to bring monthly lease payments down by 10%, Toyota’s leasing affiliate said.
Auto · 22 Dec 2022
Tesla Offers Additional Discount To Chinese Buyers On Some Models
This comes in addition to a previously announced 4,000 yuan insurance subsidy, but is only applicable for customers buying a current car model and completing delivery by…
Auto · 22 Dec 2022
Automakers, South Korea Urge U.S. To Tap Commercial EV Tax Credit
The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, sparking anger from South…
Auto · 22 Dec 2022
South Korean Truckers’ Strike Cost $1.2 Billion In Lost Shipments
Disruptions to the country’s supply chain expanded on Thursday, the eighth day of the nationwide strike by more than 20,000 truckers, as the government prepares to order…
Auto · 22 Dec 2022
Mercedes To Double Electric Motor Output At Untertuerkheim: Report
The German carmaker’s management and works council struck an agreement on restructuring the site in southwestern Germany, which also foresees a 20% reduction in fixed costs by…
Auto · 22 Dec 2022
Apple Scales Back Self-Driving Car, Delays Launch To 2026: Report
The company’s automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.
Auto · 22 Dec 2022
UAW Calls On Automakers To Move Supply Chain Out Of Xinjiang Region
The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China’s Xinjiang region after a new report on Tuesday suggests…
Auto · 22 Dec 2022
Vietnam’s EV Maker Vinfast Files For U.S. IPO To Fuel Global Expansion
VinFast, which began operations in 2019, is gearing up to expand in the U.S. market, where it hopes to compete with legacy automakers and startups with its…