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Toyota Europe Q1 hybrid sales up 82.3% for 20% of total sales; Auris Hybrid the leader

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The European automotive industry is still experiencing an increasingly shrinking market. Despite the challenging sales environment, our results are in-line with the market evolution. —Daniele Schillaci, TME Senior Vice-President for Sales and Marketing. fall in the market overall. to 4,458 units.

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Rivian reaffirms ~25K production goal for 2022, reports solid demand despite price increase

Teslarati

“Additionally, we recorded a lower cost [sic] or net realizable value (“LCNRV”) adjustment to reflect the amount we anticipate receiving upon vehicle sale (after considering future costs necessary to ready the inventory for sale) and losses on firm purchase commitments. Rivian links supply chain woes to ongoing Ukraine-Russian war.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Control over the transportation assets in this region together with vast gas reserves make Russia the key element of this new market.”. The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. The emergence of the U.S.,

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Volkswagen Group delivered 572,100 BEVs worldwide in 2022, up 26% y-o-y, 6.9% of total

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The Volkswagen Group remains the BEV market leader in its home market of Europe and reached the fourth position in this segment in the United States. Thus, the Group remains market leader in this segment in Europe. In Germany, the Group’s home market, deliveries were up by 3.8% a year earlier and 2.5% to 1,029,600 units.

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Elon Musk’s Taiwan peace proposal praised by Beijing, condemned by Taiwan

Teslarati

Elon Musk may have caught the ire of many by suggesting a controversial way for the Russia-Ukraine War to end, but in a recent interview, the Tesla CEO also shared some of his thoughts on a potential peace plan between China and Taiwan. The plan was met with widely opposite reactions from the Chinese and Taiwanese governments.

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