Category: Automakers
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Rivian says other automakers ‘knocking on door’ about tech from VW joint venture
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Written by Abu Hoaroub Roy Palau Alu Alto (California) (Reuters) – A joint project between US Electric Cars, Revyan SUVs and Volkswagen is holding talks with other car manufacturers on the supply of their software and electrical engineering. In November, the German auto manufacturer agreed to invest $ 5.8 billion…
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Chinese automakers should be allowed to avert tariffs by investing in EU By Reuters
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FRANKFURT (Reuters) – The European Union should consider adjusting planned tariffs against electric cars made in China to provide allocations for investments in Europe, the CEO of German car maker Volkswagen (ETR) said. “Instead of punitive tariffs, it should be about giving reciprocal credit for investments,” Volkswagen CEO Oliver Blume…
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European automakers most at risk from US dockworkers strike, analysts say By Reuters
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DETROIT (Reuters) – European automakers are likely affected by strikes by dockworkers at U.S. East Coast and Gulf Coast ports because they rely heavily on those sites, but a longer strike could impact the industry more broadly if suppliers suffer, analysts said. Dockworkers began their first large-scale strike in nearly…
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What’s the impact of the November US presidential election on Japanese automakers? By Investing.com
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Investing.com – The U.S. presidential election in November has major implications for Japanese automakers, as the candidates’ policies on climate change, trade and regulations will directly impact the industry. Analysts at Citi Research explored how the outcome of the election — whether Donald Trump or Kamala Harris — could reshape…