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Auto · 29 Sep 2022
U.S. VP Harris Pledges To Consult S.Korea Over EV Subsidy Concerns
U.S. Vice President Kamala Harris told South Korea’s prime minister that Washington will work to address Seoul’s concerns over recently enacted electric vehicle (EV) subsidies that could…
Auto · 29 Sep 2022
Indian Shares End Flat As Auto, Metals Offset IT Gains
Indian shares stayed rooted to two-month lows, with gains in IT and consumer companies offset by losses in auto and metal stocks, as worries over economic growth…
Auto · 29 Sep 2022
China EV Maker Leapmotor Set To Raise $800 Million In Hong Kong IPO
Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial…
Auto · 29 Sep 2022
India’s Hero MotoCorp, HPCL Partner For EV Charging Network
Indian bikemaker Hero MotoCorp said it would partner with state-run Hindustan Petroleum Corp to set up electric vehicle (EV) charging infrastructure across the country.
Auto · 29 Sep 2022
Group Of Countries To Push EU For Gas Price Cap
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a…
Auto · 29 Sep 2022
India’s Blade Signs Order For Up To 200 Electric Aircraft From Embraer’s Eve
Brazil’s Eve Holding Inc said that Blade India has signed a purchase order for up to 200 of its electric vertical take-off and landing (eVTOLs), allowing it…
Auto · 29 Sep 2022
Toyota To Start Selling Small Electric Sedan In China By Year-End – Report
Toyota Motor Corp plans to start production and sales of a small electric sedan powered by BYD Co Ltd batteries by year-end as part of an ongoing…
Auto · 29 Sep 2022
BlackBerry Takes A Knock As Cybersecurity Revenue Drop Clouds Automotive Demand
Canada’s BlackBerry Ltd reported a fall in cybersecurity revenue for the second quarter, as customers reined in spending due to an uncertain macroeconomic environment, sending its shares…
Auto · 29 Sep 2022
Hertz Ties Up With BP For EV Charger Installations In North America
Hertz Global Holdings Inc said it has partnered with a unit of oil giant BP to install electric vehicle (EV) charging stations across North America to power…
Auto · 29 Sep 2022
Iveco Agrees To Buy Minority Stake In Blue Energy Motor Clean Energy Truck Start-Up
Truckmaker Iveco Group said it had agreed, through its engine unit FPT Industrial, to buy a minority stake in India’s Blue Energy Motors, a start-up developing clean…