Auto · 20 Aug 2022 U.S. Hits The EV Accelerator To Cut Chinese Metals Ties – Report Around $369 billion of federal funds will flow into climate change and energy security, boosting domestic capacity to produce wind turbines, solar panels and electric vehicles.
Auto · 20 Aug 2022 Tata Motors To Buy Ford India’s Manufacturing Plant For Rs. 725.70 Crore. Tata Motors signed an agreement to buy Ford Motor’s manufacturing plant in the western state of Gujarat for Rs. 725.70 Crore.
Auto · 20 Aug 2022 Auto Supplier Aptiv Cuts Forecast On Europe Gas Supply Worries Aptiv lowered its annual forecasts for profit and revenue, blaming production cuts by major automakers in Europe as the region braces for a disruption in gas supplies from…
Auto · 20 Aug 2022 Michigan Working To Attract Chip Manufacturers Under New U.S. Bill – Report Michigan Governor Gretchen Whitmer said the state is well positioned to attract new investment in semiconductor chips manufacturing after Congress passed $52 billion in new subsidies.
Auto · 20 Aug 2022 Lidar Maker Innoviz Signs $4 Billion Supply Deal With Volkswagen Innoviz Technologies will supply hardware and software to Volkswagen AG’s Cariad unit in a deal valued at $4 billion.
Auto · 20 Aug 2022 Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply Outlook Oil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.
Auto · 20 Aug 2022 India’s Adani Power To Buy DB Power For Rs. 7,000 Cr. Adani Power Ltd are set to buy thermal power plant operator DB Power for an enterprise value of Rs. 7017 Crore ($879.14 million) as India’s largest private thermal…
Auto · 20 Aug 2022 Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025 Britain said it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing plans for new laws and 100 million pounds ($119.09 million) of funding.
Auto · 20 Aug 2022 Audi Announces Activesphere Concept EV; Set To Debut In 2023 Audi’s upcoming activesphere concept will be an on-off-road electric vehicle.
Auto · 20 Aug 2022 Apple Supplier Foxconn To Invest $300 Million More In Northern Vietnam – Report Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and…