Month: November 2024

Volkswagen India accused of allegedly evading $1.4B in taxes

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Volkswagen-india-$1.4-billion-tax-evasion Volkswagen India has been accused of allegedly evading $1.4 billion in taxes by paying less import duties on components for Audi, VW, and Skoda branded cars.  On September 30, 2024, the Indian government issued a 95-page notice—seen by Reuters—to Volkswagen India about evading levies by ‘mis-declaring and mis-classifying” imported car parts. According to official […]

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Tesla sends out invitations for Cybercab display at Art Basel in Miami, FL

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Tesla appears to be sending out invites for a Cybercab showcase event at Art Basel in Miami, FL this coming December. Screenshots of invitations that are reportedly being sent by the electric vehicle maker have been shared on social media platform X.  As could be seen in a poster for the event, the Cybercab will […]

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Volkswagen to sell assembly plant linked to Uyghur labor in China

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The Volkswagen-SAIC joint venture is reportedly selling its assembly plant in Xinjiang, China, which has been linked to Uyghur forced labor.  The assembly plant in Xinjiang has been criticized by right groups and Western lawmakers who have alleged the use of forced labor in the region. Forbes confirmed that Volkswagen and SAIC sold assets to […]

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Tesla confirms incredible Optimus hand demo was teleoperated

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A Tesla Senior Staff Software Engineer has confirmed that the remarkable new demonstration of Optimus’s new hand was teleoperated. The new demonstration stunned many in social media, partly due to the dexterity and smoothness of Optimus’ hand movements.  The demonstration was posted by the official Tesla Optimus account on social media platform X. The video […]

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China EV tariffs in the EU are far from resolved

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Negotiations between China and the European Union (EU) about tariffs on Chinese electric vehicle (EV) imports are ongoing and are far from being resolved.  Last week, the chairman of the European Parliament’s trade committee, Bernd Lange, told German broadcaster n-TV that the negotiations between China and the EU over EV tariffs were nearing an end. […]

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