Vietnam’s Vinfast to build $2 bln electric vehicle factory in US

HANOI/SAN FRANCISCO, March 29 (Reuters) – Vietnam’s automaker VinFast said on Tuesday it has signed a preliminary deal to initially invest $2 billion to build a factory in North Carolina to make electric buses, sport utility vehicles (SUVs) along with batteries for EVs . The unit of Vietnam’s biggest conglomerate Vingroup (VIC.HM), said it plans … Read more

US authorizes second COVID booster for Americans 50 and older

March 29 (Reuters) – US health officials on Tuesday authorized a second COVID-19 booster dose of the two most commonly used COVID-19 vaccines for people age 50 and older, citing data showing waning immunity and the risks posed by Omicron variants of the virus. The US Food and Drug Administration agency said the new boosters … Read more

Tesla recalls 947 US vehicles over delay in rearview image display, NHTSA says

WASHINGTON, March 25 (Reuters) – Tesla Inc is recalling 947 vehicles in the United States because the rearview image may not immediately display when they begin to reverse, the National Highway Traffic Safety Administration (NHTSA) said. The automaker told the NHTSA the recall covers some 2018-2019 Model S, Model X, and 2017-2020 Model 3 vehicles … Read more

US FCC adds Russia’s Kaspersky, China telecom firms to national security threat list

WASHINGTON, March 25 (Reuters) – The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp (0728.HK) and China Mobile International USA (0941.HK) to its list of communications equipment and service providers deemed threats to US national security. The regulator last year designated five Chinese companies including Huawei Technologies Co … Read more

Inside China’s electric drive for swappable car batteries

DETROIT/BEIJING, March 25 (Reuters) – A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government … Read more

Tesla, Lucid supplier LGES plans to build $1.4 bln battery factory in Arizona

An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. REUTERS/Kim Hong-Ji/File Photo Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO/SEOUL, March 23 (Reuters) – LG Energy Solution (373220.KS) (LGES), a supplier for electric car makers Tesla and Lucid, said on … Read more

Halliburton, Schlumberger draw back from Russia amid US energy sanctions

Halliburton’s booth is seen at the World Petroleum Congress, in Houston, Texas, US December 6, 2021. REUTERS/Sabrina Valle Register now for FREE unlimited access to Reuters.com Register March 18 (Reuters) – US oilfield services companies Halliburton Co (HAL.N)and Schlumberger said on Friday they havesuspended or halted Russia operations in response to US sanctions over Moscow’s … Read more

Mercedes to continue EV investments despite Ukraine war disruptions

TUSCALOOSA, Ala., March 15 (Reuters) – Mercedes-Benz AG (MBGn.DE) won’t cut spending on future electric vehicles even as it copes with supply-chain cost pressures exacerbated by the Russia-Ukraine conflict, the German automaker’s chief executive said on Tuesday. Ola Kaellenius, speaking during the company’s opening of its first US electric vehicle (EV) battery factory, also affirmed … Read more

Microsoft unveils fourth data center in India

Silhouettes of laptop and mobile device users are seen next to a screen projection of Microsoft logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW DELHI, March 7 (Reuters) – Microsoft Corp (MSFT.O) unveiled its fourth data center in India on Monday, betting … Read more