
Toyota India said it has notified the relevant Indian authorities of the data breach at Toyota Kirloskar Motor

Volkswagen operates partnerships in Europe with BP and Spain's Iberdrola and is a shareholder in fast-charging venture Ionity with rival carmakers BMW, Mercedes-Benz, Ford and Hyundai.
A subsidy of around 80 million rupiah ($5,131) will be offered on every sale of an electric car, 40 million rupiah on hybrid cars and 8 million rupiah on fully electric motorbikes

It is unclear what models Tesla would produce in the Mexican factory or when it would begin production

The Los Angeles-based company said it expects to start production of its FF 91 Futurist electric car at its manufacturing facility at the end of March 2023.
Musk told employees that they should not be "bothered by stock market craziness" after the company's shares fell nearly 70% this year on jitters over softening demand for electric vehicles and Musk's distraction with running Twitter.

The Federal Aviation Administration (FAA) issued the airworthiness criteria that Archer Aviation will need to meet for its M001 air taxi to be certified for use.
Oil rose and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China.

Indian shares swung to gains in the final hour, on slide in oil prices due to demand concerns in China, while volatility was high in domestic market with the expiration of the December derivatives series.

The Indian rupee eased slightly as oil prices rose and investors assessed China's move to ease COVID curbs while cases continued to rise in the country.

A fire that killed two people at Russia's Angarsk refinery has been extinguished.

Tesla's plummeting share price has hurt the value of shares owned by the EV maker's employees. Tesla has offered stock compensation for most employees including factory workers.

India's fuel demand climbed to an eight-month high in November.
India is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.

The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.
Indian refiners have been gorging on Russian oil sold at a discount as some Western entities shun purchases from Moscow following its invasion of Ukraine in late February.

India wants to deploy 50,000 e-buses in tranches over the next four to five years at an estimated cost of one trillion rupees ($12 billion).

Indian state refiners' daily diesel sales rose 21% in November from the previous month.

The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan.

Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.