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...However, the second person said the focus of Elon Musk’s company would be on the other three states because they had ports, making it easier to export cars....
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...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...
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...The carmaker will also aim to launch an EV powered by emerging solid-state-battery technology in fiscal 2028....
...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...
...“The percentage of EVs that we’re leasing has gone up dramatically,” said Bill Stephens, general manager of Norm Reeves Hyundai Superstore in California....
...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...
...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 Alabama model for economic success is under attack,” wrote Alabama governor Kay Ivey on the state commerce department’s blog in January, calling car manufacturing one of Alabama’s “crown jewel industries...
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...“In many ways this seems like a textbook case of art-washing, or the strategic use of the arts as a vehicle for real-estate speculation,” says Maga Alcázar, a community activist from Boyle Heights and doctoral...
...Vietnamese EV brand VinFast in January announced plans to build vehicles in the southern state of Tamil Nadu....
...Stellantis secured about £30mn of UK state support in 2021 as part of a £100mn investment to transform Ellesmere Port to EV production....
...state support to help fund the transition....
...state support from “good business strategy”....
...“The natural state of a car company is dead,” said Tesla chief Elon Musk on his social media platform X in response to the news....
...The California Department of Motor Vehicles had already ordered Cruise to take its driverless cars off the roads....
...in the future, writes Skanda Amarnath: Motor vehicle insurance has been a subtly large contributor to the Core CPI vs PCE wedge in the last 6 months....
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...The second-hand value of the top-10 selling battery cars in the US, including models from Tesla, General Motors and Ford, fell an average of 28 per cent in 2023, data from CarGurus and compiled by HSBC show...
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