Nio’s decision to expedite the launch of its Firefly brand aligns with the broader trend of Chinese EV companies expanding into Europe.
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INDUSTRY NEWSLatest News
No Tesla recall planned in Europe despite U.S. autopilot concerns: RDW
by Biplab Dasby Biplab DasRDW, which holds authority over safety approval for Teslas in Europe, emphasized key differences in Autopilot functions available in European and U.S. markets.
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President Emmanuel Macron’s government has been supporting in making French and European-made EVs more affordable for domestic consumers.
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INDUSTRY NEWSLatest News
US auto safety regulator initiates probe into Nissan vehicles amid engine failure concerns
by Biplab Dasby Biplab DasThe move comes in response to a series of reports citing engine failures that allegedly result in a loss of motive power with no capacity …
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Audi Japan takes the wraps off the R8 Final Edition, which is limited to just eight units, boasting the coupe body style.
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INDUSTRY NEWSLatest News
Nordic investors urge Tesla to reconsider stance on labour unions amid growing concerns
by Biplab Dasby Biplab DasThe group of Nordic investors emphasized their concern over the conflict, highlighting the effectiveness of the Swedish labour market model that has facilitated the thriving …
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INDUSTRY NEWSLatest News
Tesla secures USD 153 mn incentives for Mexican factory in Nuevo Leon
by Biplab Dasby Biplab DasOne significant aspect of the incentives is a reduction in Tesla’s payroll tax, showcasing the state’s eagerness to facilitate the automaker’s investment in the region.
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BMW plans to launch products equipped with L3 self-driving functionality when they can, in accordance with Chinese laws and regulations.
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INDUSTRY NEWSLatest News
Cruise implements restructuring with workforce reduction
by Biplab Dasby Biplab DasThis decision comes in the aftermath of operational challenges faced by Cruise, including a recent accident that prompted a suspension of testing in the U.S.
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Hero MotoCorp is boosting its ownership in Ather Energy with a INR 140 crore investment, elevating its stake from 36.6% to 39.7%