Russian auto boomtown grinds to halt over Ukraine sanctions

Russian auto boomtown grinds to halt over Ukraine sanctions

Kaluga car plants halt production Car demand falls, food prices soar Some hope Western resolve won’t last Others have seen crises pass before April 5 (Reuters) – Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of Kaluga and its flagship foreign carmakers, with … Read more

Tesla delivers record vehicles in Q1; output falls as China shutdown weighs

Tesla delivers record vehicles in Q1;  output falls as China shutdown weighs

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, US, April 29, 2016. REUTERS/Lucas Jackson/File Photo Register now for FREE unlimited access to Reuters.com Register April 2 (Reuters) – Tesla Inc (TSLA.O) on Saturday reported record electric vehicle deliveries for the first quarter, meeting analyst’s estimates, but … Read more

EXCLUSIVE US boost fines for automakers not meeting fuel economy rules in Tesla win

EXCLUSIVE US boost fines for automakers not meeting fuel economy rules in Tesla win

Traffic is seen on a highway in New York, US, July 2, 2021. REUTERS/Eduardo Munoz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 27 (Reuters) – The US National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements … Read more

Inside China’s electric drive for swappable car batteries

Inside China's electric drive for swappable car batteries

DETROIT/BEIJING, March 25 (Reuters) – A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government … Read more

Tesla rolls out first vehicles as German gigafactory goes live

Tesla rolls out first vehicles as German gigafactory goes live

BERLIN, March 22 (Reuters) – Tesla will on Tuesday deliver to customers the first 30 Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant, launching its first European production hub that is the biggest investment in a German car factory in recent history. Chief Executive Elon Musk arrived in Berlin on … Read more

Mercedes to continue EV investments despite Ukraine war disruptions

Mercedes to continue EV investments despite Ukraine war disruptions

TUSCALOOSA, Ala., March 15 (Reuters) – Mercedes-Benz AG (MBGn.DE) won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive said on Tuesday. Ola Kaellenius, speaking during the company’s opening of its first US electric vehicle (EV) battery factory, also affirmed … Read more

Tesla raises prices for second time in days on rising costs

Tesla raises prices for second time in days on rising costs

Tesla’s China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register BEIJING, March 15 (Reuters) – Tesla Inc (TSLA.O) raised its prices in China and the United States for the second time in less than … Read more

Musk says Tesla, SpaceX see significant inflation risks

Musk says Tesla, SpaceX see significant inflation risks

SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, US, June 13, 2019. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register March 13 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk … Read more

Japan’s Uniqlo makes U-turn to exit Russia as Britain hits oligarchs

Japan's Uniqlo makes U-turn to exit Russia as Britain hits oligarchs

March 10 (Reuters) – Japanese brands Uniqlo and Japan Tobacco made U-turns and said they were stopping business in Russia, joining the corporate crowd shunning Moscow on Thursday, and Britain escalated sanctions against oligarchs including Chelsea soccer club owner Roman Abramovich. Investment bank Goldman Sachs (GS.N) became the first US bank to quit Russia, and … Read more

US eliminates human controls requirement for fully automated vehicles

US eliminates human controls requirement for fully automated vehicles

An attendee takes a selfie inside a Cruise Origin autonomous vehicle, a Honda and General Motors self-driving car partnership, during its unveiling in San Francisco, California, US January 21, 2020. REUTERS/Stephen Lam Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 10 (Reuters) – US regulators on Thursday issued final rules eliminating the … Read more