General Motors
Hyundai Motor's India Arm To Invest Rs 6,000 Cr In Maharashtra
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Hyundai Motor’s India Arm To Invest Rs 6,000 Cr In Maharashtra

Hyundai Motor’s Indian unit on Friday said it would invest Rs 6,000 crore in the western state of Maharashtra, while also disclosing that it had completed the acquisition of General Motor’s plant in the state. India’s second-largest carmaker by sales did not disclose a deal value for the Talegaon plant or give details of its […]

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US Pushes Domestic Sourcing, Battery Rules Shake Up EV Tax Credits
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US Pushes Domestic Sourcing, Battery Rules Shake Up EV Tax Credits

The US Treasury implemented new battery sourcing rules in December, to reduce dependence on Chinese suppliers in the electric vehicle supply chain. As a result of these rules, many electric vehicles, including models from Nissan, Tesla (Cybertruck All-Wheel Drive, Model 3 Rear Wheel Drive) and Chevrolet (Blazer EV), lost eligibility for tax credits of up […]

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