Focus on Automotive
Many Americans still shy away from EVs despite Biden push, poll finds
Just 40% say they’re likely to buy an EV, as American EV market faces consumers worried about cost, range and charging infrastructure.
Tesla stands by Musk pay after ISS urges shareholders to reject package
Tesla on Monday defended a proposal to ratify CEO Elon Musk's $56 billion pay package and said a new compensation would be costlier
Indonesia cenbank says no outright RRR cut as it expands loan incentive scheme
Bank Indonesia is set to expand a scheme offering relief for lending to sectors including automotive, electricity, gas, and water utilities
Japan auto safety scandal widens, Toyota halts some shipments
A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's...
Republicans aim to make Biden’s EV push an election-year issue
Republicans bid to make Biden's promotion of electric vehicles a big electoral issue.
US refiners boosting fuel output past 90% of capacity for summer driving season
Strong spring production levels have retail gasoline prices on par with a year ago, according to motorist group AAA.
Renault, Geely create joint venture for hybrid, combustion engines
The venture is aimed at developing more efficient gasoline engines and hybrid systems, in response to slowing electric vehicle sales.
Americans still prefer gas vehicles over hybrid or EVs: survey by KPMG
Americans still prefer to buy a standard gas vehicle over a hybrid or an electric vehicle even with the same price and features,...
Hybrid vehicles aren’t just bridge to EVs, Ford chief says
Ford CEO Jim Farley wants the industry to stop viewing hybrid vehicles as only an interim solution to be used until drivers are...
Tesla makes push to roll out advanced FSD self-driving in China
Tesla is preparing to register its 'Full Self-Driving' software with authorities in China, in the run up to its rollout of the feature.
