Sunday, November 28, 2021

Tesla withdraws application in subsidies for German factory: Report

Elon Musk-owned electric car maker Tesla has withdrawn an application for over $1 billion in subsidies for battery production at Gigafactory Berlin.

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India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...