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...be allowed to import up to 8,000 vehicles a year....
...At one point in 2021, the shortage of new vehicles was so acute that prices for used cars overtook the cost of new vehicles for the first time....
...But battery EVs still matter for Toyota because those vehicles are still propelling sales growth in China, one of its key markets....
...The company’s cars are “not safe for the public’s operation”, California’s Department of Motor Vehicles said as it announced it was revoking Cruise’s permits both to test and deploy its vehicles on public...
...“We have to invest heavily in the future of plug-in hybrids,” said Mark Reuss, the president of General Motors. “We have to be agile....
...The group, which includes Daihatsu and Hino Motors, expects to sell 10.4mn vehicles in the current financial year, compared with 10.3mn vehicles in the previous year....
...Through new partners and manufacturing technology, Nissan has said it wants to bring down the cost of electric vehicles by 30 per cent by 2030....
...When suspending Cruise’s driverless permit, the California Department of Motor Vehicles said the company had misrepresented the details of the accident by failing to disclose in meetings the day after it...
...Cruise’s cars were “not safe for the public’s operation”, California’s Department of Motor Vehicles said as it announced it was revoking permits for Cruise to test and deploy its vehicles on public streets...
...The only alternative is to take our shipments of [engine] vehicles to the UK down and sell these vehicles somewhere else,” he told the FT’s Future of the Car Summit in London....
...It also has an alliance with General Motors in fuel-cell vehicles and self-driving technology, but the two carmakers last year scrapped plans to jointly develop affordable EVs owing to differences over cost...
...The announcement comes days after California’s Department of Motor Vehicles barred Cruise’s autonomous cars from the roads and accused the company of misrepresenting details about an accident this month...
...The sales share of battery EVs in Japan is slim at about 2 per cent last year. But that leaves ample room for growth for lower-priced Chinese vehicles....
...Following months of delay, Nissan released a business plan on Monday addressing how a carmaker of its size — with relatively small annual sales of fewer than 4mn vehicles — would finance the costs of new...
...For example, although MG Motor is headquartered in the UK and owned by China’s SAIC, its MG5 and MG ZS are made in China and exported....
...“The percentage of EVs that we’re leasing has gone up dramatically,” said Bill Stephens, general manager of Norm Reeves Hyundai Superstore in California....
...The only sign of the previous night’s raid was the military vehicle used by the police to breach the second floor of Hamilton Hall. It was parked across the street from the campus....
...The alliance also includes smaller partner Mitsubishi Motors....
...The California Department of Motor Vehicles has accused the GM subsidiary of having “misrepresented” the details of the crash, and the carmaker has hired a law firm to review its response....
...the surrounding region,” Eagle Zhao, president director of BYD Motor Indonesia, said in a statement....
...The announcement marks a significant blow for Cruise and comes days after the California Department of Motor Vehicles barred the company’s autonomous vehicles from the roads and branded them “not safe for...
...“It is more of a survival game.” Senior executives from Volkswagen, General Motors and Hyundai will speak during the three day summit....
...He was responding to claims made recently by the founder and chief executive of CATL, the Chinese company that dominates the electric vehicle battery industry, that the much-hyped solid-state batteries did...
...Vogt’s resignation marks the latest setback for the company, coming weeks after California’s Department of Motor Vehicles revoked permits for Cruise to deploy cars on public streets following a highly publicised...
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