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BYD plans Vietnam component factory, report says

HANOI -- Chinese electric vehicle maker BYD Auto Co. plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company's reliance on China and deepen its…

Fed panelists grapple with automotive labor issues

Federal policy must prioritize auto workers' job quality and fair compensation for a successful transition to electrification, panelists said at the Federal Reserve Bank of Chicago's 29th annual automotive insights symposium Thursday. "The…

Mercedes to drop EQ electric badge, paper says

BERLIN -- Mercedes-Benz is set to drop the EQ badge it uses for electric cars, a German business paper said. The decision is based on CEO Ola Kallenius' focus on electric-only cars, making the EQ brand redundant as Mercedes turns away from…

Tesla China plant expansion in doubt

An expansion of Tesla Inc.'s plant in Shanghai has been delayed, according to people familiar with the matter, over data concerns that risk putting a roadblock in the way of the U.S. EV maker's ambition to keep growing in China. The…

Tata to make EV battery cells for JLR in Europe

Tata Group aims to accelerate Jaguar Land Rover's shift to electric cars by setting up battery cell manufacturing operations in Europe. JLR and Tata Motors will be the anchor customers for the facility, which will also sell battery cells…