EV batteries remain major challenge for insurers – UK’s Thatcham
By Nick Carey LONDON (Reuters) -A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are…
Business
Western businesses must find a way to work with China-Stellantis CEO
MILAN (Reuters) -The head of carmaker Stellantis said Beijing’s decision to restrict exports of two metals widely used in semiconductors…
Automakers’ contract negotiations will decide potential EV future for idled Illinois plant
By Bianca Flowers BELVIDERE, Illinois (Reuters) – A shuttered Illinois Jeep assembly plant will be at the center of a…
GM quarterly auto sales rise 19% on strong demand
(Reuters) – General Motors on Wednesday reported a 19% rise in second-quarter U.S. auto sales as easing supply chain pressures…
Stellantis unveils new platform underpinning move to electric vehicles
MILAN (Reuters) – Stellantis on Wednesday unveiled its new ‘STLA Medium’ vehicle platform, the first of four new electric-centric bases…
Chinese automakers to take majority of home market for first time – forecast
(Reuters) – Chinese auto brands are on track to account for just over 50% of the cars sold in their…
Saudi Arabia says new oil cuts show teamwork with Russia is strong
By Ahmad Ghaddar, Alex Lawler and Shadia Nasralla VIENNA (Reuters) – Russia-Saudi oil cooperation is still going strong as part…
Toyota US sales rise in June on strong demand
(Reuters) – Toyota Motor North America, a unit of Toyota Motor Corp reported a rise in U.S. auto sales for…
U.S. factory orders miss expectations in May
WASHINGTON(Reuters) – New orders for U.S.-made goods increased less than expected in May as a surge in civilian aircraft orders…
China’s Xpeng sees sales turnaround in second half with new EV model
SHANGHAI (Reuters) -Chinese electric-vehicle maker Xpeng forecast sharp growth in deliveries in the second half of the year thanks to…