Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

A logo of Sime Darby is seen at its car showroom in Petaling Jaya, Malaysia November 30, 2023. REUTERS/Hasnoor Hussain/File Photo Acquire Licensing Rights KUALA LUMPUR/SINGAPORE, Nov 30 (Reuters) – Sime Darby (SIME.KL), Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to … Read more

UK petrol station group EG to buy Tesla charging units

UK petrol station group EG to buy Tesla charging units

A Tesla electric charging point stands unused in a car park, as Britain will ban the sale of new petrol and diesel cars and vans from 2030, five years earlier than previously planned, in London, Britain, November 18, 2020. REUTERS/Simon Dawson/File Photo Acquire Licensing Rights LONDON, Nov 13 (Reuters) – British petrol station operator EG … Read more

UAW presses Detroit automakers for better offer, threatens more walkouts

UAW presses Detroit automakers for better offer, threatens more walkouts

[1/2]The 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// Acquire Licensing Rights DETROIT, Oct 20 (Reuters) – United Auto Workers President Shawn Fain on Friday warned of more walkouts at U.S. truck and SUV factories unless the … Read more

Low-cost EV maker e.GO eyes European, US expansion

Low-cost EV maker e.GO eyes European, US expansion

The first e.GO Life electric cars of e.GO Mobile AG are parked in front of the headquarters of the German e-car start-up during kick-off for the production of 30,000 yearly units in Aachen, Germany, May 9, 2019. REUTERS/Wolfgang Rattay/File photo Acquire Licensing Rights LONDON, Oct 20 (Reuters) – German electric vehicle maker Next.e.GO Mobile plans … Read more

US offers $12 bln for automakers, suppliers for advanced vehicles

US offers $12 bln for automakers, suppliers for advanced vehicles

U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O’Hare/File Photo Acquire Licensing Rights WASHINGTON, Aug 31 (Reuters) – The Biden administration is offering $12 billion in grants and … Read more

US raises concerns by Micron, Intel with China

US raises concerns by Micron, Intel with China

[1/3]U.S. Commerce Secretary Gina Raimondo delivers her speech at a reception with U.S. Industry and Chinese Government Officials hosted by U.S. Ambassador to China Nick Burns, in Beijing, China, August 28, 2023. Andy Wong/Pool via REUTERS Acquire Licensing Rights BEIJING, Aug 29 (Reuters) – U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on American … Read more

US should extend EV tax benefits to Vietnam, says business lobby

US should extend EV tax benefits to Vietnam, says business lobby

People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo WASHINGTON, Aug 3 (Reuters) – The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark … Read more