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Honda will start producing a new hydrogen fuel cell system co-developed with GM

TOKYO, Feb 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it would start producing a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) this year and increase gradually its sales this decade, into an offer to develop its hydrogen activity. Honda will target annual sales of around 2,000 units of …

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US seeks Tesla driver assistance documents; the company increases its investment forecast

WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) disclosed on Tuesday that the U.S. Justice Department had sought documents related to its self-driving (FSD) and Autopilot assistance systems as the regulatory scrutiny intensifies. The automaker said in a filing that it “has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD …

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Exclusive: Geely plans to turn London black cab maker into powerhouse

COVENTRY, England, Jan 23 (Reuters) – China’s Geely (0175.HK) is planning a big investment to transform the maker of London’s iconic black cabs into a high-volume all-electric brand with a range of commercial and passenger vehicles, unit leaders told Reuters. London Electric Vehicle Company (LEVC) is also aiming to expand its range of services, which …

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Microsoft to expand access to ChatGPT as OpenAI investment rumors swirl

Jan 16 (Reuters) – Microsoft Corp said on Monday it was expanding access to wildly popular software from OpenAI, a startup it backs and whose futuristic chatbot ChatGPT has captivated Silicon Valley. Microsoft said the startup’s technology, which it has so far previewed to its cloud computing customers in a program called Azure OpenAI Service, …

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TSMC cuts investment in 2023 after record fourth quarter as chip demand weakens

Q4 profit of T$295.9 billion vs. T$289.44 billion, analysts say Fourth-quarter revenue up 26.7% year-on-year to $19.93 billion Sees 2023 investments at $32-36 billion from $36.3 billion the previous year The company plans to increase its production abroad TAIPEI, Jan 12 (Reuters) – Taiwanese chipmaker TSMC (2330.TW) warned on Thursday that first-quarter revenue would fall …

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Elon Musk says he won’t sell more Tesla shares for about two years

Dec 22 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Thursday he would not sell more Tesla shares for about two years. While speaking in a Twitter Spaces audio chat, Musk said he predicted the economy would be in a “severe recession” in 2023 and demand for big-ticket items would be weaker. His comments …

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Musk delivers first Tesla truck, but no updates on production, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric trucks Semi uses existing Tesla cars to come up with a new Supercharger Dec 1 (Reuters) – Tesla Inc’s (TSLA.O) chief executive Elon Musk delivered the company’s first heavy-duty tractor-trailer to PepsiCo (PEP.O) on Thursday without …

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