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BP Invests in StoreDot’s Ultra-Quick-Charge EV Battery
5/22/2018Energy company BP plc is investing $20 million in StoreDot Ltd., an Israeli developer of a lithium-ion “flash” battery for electric cars that can be charged in five minutes.
Tesla Promises Fix for Model 3’s Erratic Braking
5/22/2018CEO Elon Musk says Tesla Inc. will fix reported unpredictable braking performance for its new Model 3 electric sedan with a firmware update a few days from now.
China Will Lower Import Tariffs to 15% on July 1
5/22/2018China’s ministry of finance says it will reduce the country’s import tariffs to 15% from 25% on July 1.
Ford Mach 1 EV on Track for 2020
5/22/2018Ford Motor Co. is moving forward with plans to launch the “Mustang-inspired” electric crossover vehicle it hinted at in January.
Indian Supplier Takes Control of Dutch Electric Drivetrain Maker
5/22/2018India’s Precision Camshafts Ltd. (PCL) has acquired a 51% stake in Emoss Mobile Systems BV, a Dutch maker of electric driveline systems for commercial vehicles.
Senate Panel Delays Vote on Trump’s NHTSA Pick
5/22/2018The nomination of Heidi King, President Donald Trumps choice to head the National Highway Traffic Safety Administration appears headed for trouble, The Detroit News reports.
Strong Sales Growth Ahead for ASEAN
5/22/2018Demand for light vehicles in southeast Asia will expand 5% to 3.29 million units this year, driven by robust growth in Thailand and Vietnam, says LMC Automotive.
Carmakers to Trump: “Climate Change Is Real”
5/21/2018Carmakers urged the White House to maintain alignment between federal and California carbon dioxide emission and related fuel economy levels.
Report: Toyota to Partner with GAC on EVs in China
5/21/2018Toyota Motor Corp. plans to launch an electric vehicle in China later this year in conjunction with Guangzhou Automobile Group Co., Reuters reports.
U.K. Seeks to Levy Criminal Charges When Carmakers Cheat on Emissions
5/21/2018The U.K. wants power to order recalls for vehicles that emit illegal levels of pollution—and the authority to levy criminal charges against the carmakers that built them.