Showing 1 - 10 of 80
iPhone maker Foxconn buys huge site in India
AFP, Published on 09/05/2023
» BENGALURU, India: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.
Tough US emissions rules to speed EV shift
AFP, Published on 12/04/2023
» NEW YORK: President Joe Biden's administration unveiled new proposed auto emissions rules on Wednesday, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032.
Musk eyes torrid growth at Tesla, but offers no big new reveals
AFP, Published on 02/03/2023
» NEW YORK - Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day filled with ambitious targets but short on details sought by Wall Street.
Tesla to invest about $5bn in Mexico plant
AFP, Published on 01/03/2023
» MEXICO CITY: American electric car maker Tesla will invest about US$5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.
Renault, Nissan boards approve 'rebalanced' alliance
AFP, Published on 06/02/2023
» LONDON - The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their rocky 24-year alliance following months of negotiations, the companies said on Monday.
Renault to reduce stake in Nissan, rebalancing alliance
AFP, Published on 30/01/2023
» TOKYO - French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
Toyota top-selling automaker for third year running
AFP, Published on 30/01/2023
» TOKYO: Japan's Toyota was the world's top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday.
Renault to reorganise towards electric future
AFP, Published on 08/11/2022
» PARIS - French automaker Renault will pitch investors Tuesday on its planned green revamp, with two spin-offs: a new electric-vehicle unit and a subsidiary for thermal and hybrid assets.
Hertz to buy some 175,000 GM EVs through 2027
AFP, Published on 21/09/2022
» NEW YORK: US rental car giant Hertz will buy up to 175,000 electric vehicles from General Motors by the end of 2027, the companies announced Tuesday, as the auto industry grapples with concerns over climate change and petroleum dependency.
EU plans 'comprehensive reform' of electricity market
AFP, Published on 14/09/2022
» STRASBOURG (FRANCE) - The EU plans a "deep and comprehensive" reform of the electricity market to cope with an energy crisis spurred by Russia's war in Ukraine, European Commission chief Ursula von der Leyen said Wednesday.