Sat, 3 Jun 2023



May 26, 2023 Auto
SEOUL: South Korea’s Hyundai Motor Group and LG Energy Solution Ltd will invest 5.7 trillion won (US$4.3 billion) to produce electric-car batteries in the US to comply with President Joe Biden’s clean energy tax law, which seeks to encourage domestic production and reduce reliance on Chinese suppliers.
May 23, 2023 Auto
NEW YORK: Tesla is listing China-made Model 3 and Model Y models for sale in Canada, the company’s website showed on Tuesday, confirming the electric car maker has completed its first shipments to North America from its Shanghai factory.
May 20, 2023 Auto
GOTHENBURG: Using a motorised arm, a worker at Volvo’s factory near Gothenburg slowly guides massive black blocks alongside a chassis, the three tonnes of batteries soon to power an electric truck.
May 18, 2023 Auto
NEW DEHLI: Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing when it held discussions with government officials this week, a source with direct knowledge of the talks told Reuters.
May 12, 2023 Business
Kuala Lumpur: Warisan TC Holdings Bhd’s wholly-owned subsidiary, WTC Automotif (M) Sdn Bhd (WTCA) has announced a collaboration with Guangzhou Automobile Group (GAC) to develop and distribute completely knocked-down (CKD) vehicles in Malaysia.
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