Alongside private investment, the government recently pledged an additional GBP 2 billion for the automotive sector.

On Tuesday, the Centre ordered the revocation of restrictions under Stage-III of GRAP in the entire NCR with immediate effect, following improvement in air quality.

Investors, mindful of the OPEC+ meeting, covered short positions amid concerns about potential supply disruptions from Kazakhstan.

The semiconductor shortage, a persistent issue plaguing the automotive industry, saw relief for Toyota in October.

Holly Sheng, CEO of Hota, emphasized the shift in perspective, noting that the willingness to pay a bit more for proximity has become more acceptable.

Cuberg, based in California and a subsidiary of Northvolt, has initiated testing for its lithium metal battery system.

The anticipation of OPEC+ potentially deepening and extending output cuts contributed to the surge in oil prices, impacting financial markets in the Gulf.

The extended partnership prioritises research and development (R&D) and the commercial deployment of solutions supporting systems engineering and validation processes.

The company aims to fortify its distribution channels and offer EV chargers through both direct sales and other channels.

The 2024 Tacoma features a complete redesign, as it finds its underpinnings shared with the Tundra, Sequoia and Land Cruiser.