A logo of Renault carmaker is pictured at a dealership in Brest, France, February 19, 2021. REUTERS/Stephane Mahe BEIJING/SHANGHAI, Aug 9 (Reuters) – Renault (RENA.PA) and Geely said on Monday they would jointly develop petrol-electric hybrid vehicles for China and South Korean markets, as the French automaker revives plans for the world’s biggest car market… Continue reading Autos & Transportation · 12:04 AM UTCRenault to explore hybrid vehicles with GeelyRenault (RENA.PA) and Geely said on Monday they would jointly develo…
Category: Uncategorized
Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…
BEIJING, Aug 9 (Reuters) – France’s Renault SA (RENA.PA) is looking to revive business in China by forming a hybrid vehicle joint venture with Geely Holding Group (GEELY.UL), sources said, a year after it ended its previous operation in the world’s largest car market. According to two people familiar with the discussions and documents seen… Continue reading Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…
Autos & TransportationWolfsburg, we have a problem: How Volkswagen stalled in ChinaAugust 8, 2021
BEIJING, Aug 9 (Reuters) – In late December 2019, managers at Volkswagen (VOWG_p.DE) headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market and ticket to its electric future. Its flagship Passat sedan had fared badly in an unofficial safety test carried out by an insurance industry body which… Continue reading Autos & TransportationWolfsburg, we have a problem: How Volkswagen stalled in ChinaAugust 8, 2021
Autos & TransportationTesla mandates masks at Nevada battery factory – WSJAugust 8, 2021
A Tesla logo is pictured on a car in the rain in the Manhattan borough of New York City, New York, U.S., May 5, 2021. REUTERS/Carlo Allegri/File Photo Aug 8 (Reuters) – Tesla Inc (TSLA.O) is telling workers at its Nevada battery factory they will be required to wear a mask indoors starting Monday regardless… Continue reading Autos & TransportationTesla mandates masks at Nevada battery factory – WSJAugust 8, 2021
Autos & TransportationChinese EV maker Li Auto to raise $1.52 bln in Hong Kong listing – sources4:28 AM UTC
HONG KONG, Aug 6 (Reuters) – Chinese electric vehicle maker Li Auto is targetting raising $1.52 billion in its Hong Kong dual primary listing at HK$118 per share, said three sources with direct knowledge of the matter. The offer, which was flagged to investors, is at a 3.2% discount to the $31.35 closing price of… Continue reading Autos & TransportationChinese EV maker Li Auto to raise $1.52 bln in Hong Kong listing – sources4:28 AM UTC
Autos & Transportation · 12:54 PM UTCBiden to aim for 50% EVs by 2030 with industry supportU.S. President Joe Biden will sign an executive order on Th…
WASHINGTON, Aug 5 (Reuters) – U.S. President Joe Biden will sign an executive order on Thursday aimed at making half of all new vehicles sold in 2030 zero-emissions vehicles and will propose new vehicle-emission rules to cut pollution through 2026, the White House said. Biden’s goal, which is not legally binding, won the support of… Continue reading Autos & Transportation · 12:54 PM UTCBiden to aim for 50% EVs by 2030 with industry supportU.S. President Joe Biden will sign an executive order on Th…
Tesla chair Denholm sells shares worth more than $22 million
By Reuters Staff 1 Min Read FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File Photo (Reuters) – Tesla Inc chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after exercising stock options, according to a filing with… Continue reading Tesla chair Denholm sells shares worth more than $22 million
Autos & Transportation · 4:37 AM UTCUK new car sales fall to lowest July level since 1998British new car sales fell by around an annual 30% to their l…
New cars are parked at a dockyard in Grimsby, northern England, January 30, 2009. REUTERS/Nigel Roddis/File Photo LONDON, Aug 5 (Reuters) – British new car sales fell by around an annual 30% to their lowest July level since 1998 as the ‘pingdemic’ of people self-isolating alongside supply shortages hit demand, according to preliminary data from… Continue reading Autos & Transportation · 4:37 AM UTCUK new car sales fall to lowest July level since 1998British new car sales fell by around an annual 30% to their l…
Autos & TransportationUber posts $509 mln adjusted loss on driver incentives even as trips riseAugust 4, 2021
A screen displays the company logo of Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid Aug 4 (Reuters) – Uber Technologies Inc (UBER.N) on Wednesday reported widening losses as it spent more to entice drivers to return to… Continue reading Autos & TransportationUber posts $509 mln adjusted loss on driver incentives even as trips riseAugust 4, 2021
Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook DETROIT, Aug 4 (Reuters) – General Motors Co’s (GM.N) pickup trucks are hauling in cash through the global semiconductor shortage and a resurgent pandemic, but investors on… Continue reading Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…