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Robo-Taxi Developer Zoox Raises $500 Million
7/18/2018Zoox Inc. has attracted $500 million in new funding for its efforts to launch an electric self-driving taxi as soon as 2020.
Three Chinese Carmakers Form Ride-Hailing Alliance
7/18/2018A trio of state-owned Chinese carmakers is launching a joint ride-hailing service to rival foreign-based competitors.
PSA Targets 15 Import-Friendly States for U.S. Sales Debut
7/17/2018PSA Group has identified 15 U.S. states with demand for imported cars as likely entry points when it launches sales in North America in 2026.
VW Confirms EV Production Plans for U.S.
7/17/2018Volkswagen AG will build the production versions of its concept Buzz and Crozz electric vehicles in the U.S.
Former Mercedes Exec Joins Online Car-Shopping Firm
7/17/2018Online car-shopping and financing service AutoGravity Corp. has hired former Mercedes-Benz executive Alex Mallmann to be its new president and CEO.
New EPA Chief to Meet Calif. Regulators on Emission Rules
7/17/2018The new head of the U.S. Environmental Protection Agency is to meet on Tuesday with the California’s top air quality chief to discuss White House plans to freeze vehicle emission standards.
Japan, EU Agree To Drop Import Taxes on Cars
7/17/2018Japan and the European Union have agreed to remove the EU’s 10% tariff on Japanese cars and 3% tax on car parts.
Prosecutors Expected to Indict Kobe Steel in Doctored Data Scandal
7/17/2018Police in Japan have turned over to prosecutors evidence about fabricated quality reports at Kobe Steel Ltd.
EU Seeks to Avert U.S. Car Tariffs in July 25 Meeting
7/17/2018The European Union hopes to reach an agreement with President Donald Trump next week to avert U.S. plans to slap a 20% tariff on cars made in Europe.
BMW Gains Right to Invest in CATL Chinese Battery Maker
7/17/2018BMW AG’s joint venture in China has been given government permission to invest as much as 2.9 billion yuan ($425 million) in Chinese batterymaking giant CATL.