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Suzuki and Toyota to explore business partnership; environment, safety, and information technology

Green Car Congress

In a joint statement, the two companies said that, given the rapid change in the auto industry, the industry is required to work not only on conventional automobile R&D, but also on R&D for advanced and future technologies in the fields including environment, safety, and IT.

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With oil prices low, early signs of a pullback in drilling activity

Green Car Congress

With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. In other words, lower oil prices hurt demand for Transocean’s drilling rigs.

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Ricardo: achieving light-duty diesel RDE NOx compliance in urban driving is possible, at a price

Green Car Congress

A range of aftertreatment technology options are available to automakers seeking to achieve compliance with the impending EU Real Driving Emissions (RDE) regulations, according to the results of a Ricardo research project presented recently at the SIA Powertrain international conference and exhibition in Rouen, France.

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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For

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France launches new climate plan; Euro 7 lead; targeting ending the sale of vehicles emitting GHGs by 2040

Green Car Congress

Nicolas Hulot, France’s new minister responsible for environment and energy, presented the country’s new climate plan at a press conference at the Ministry. The government will also work on laws dealing with road pricing, access to mobility, alternative modes of transportation and city traffic.

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Musk seeks Twitter deal discount, believes 20 percent of accounts are spam

Teslarati

Elon Musk may be looking for a better deal with his Twitter acquisition and $44 billion may now be sounding like a price that is just a bit too high. Perhaps Twitter is not as valuable with fewer users, of course, and Musk may feel that the already-large asking price of $54.20

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Tesla (TSLA) stock is a “Buy” as Elon Musk prepares his Master Plan Part 3: Jefferies

Teslarati

“We have been trimming estimates across our OEM coverage, but we are raising them at Tesla on price increases more than compensating risk from volume and battery cost inflation. The Jefferies analyst maintains a “Buy” rating for TSLA , but has lowered his price target from $1,400 to $1,250.

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