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Author Articles
Tesla Countersues JP Morgan, Claims Bank Sought 'Windfall' After Musk Tweet
In a filing in Manhattan federal court, Tesla accused JPMorgan of "bad faith and avarice" for demanding $162.2 million after the bank had unilaterally changed the terms of warrants it received when Tesla sold convertible bonds in 2014.
Moody's Expects Tesla To Stay At EV Leader Spot, Upgrades To 'Ba1'
Moody's affirmed in a note that Tesla's outlook remains positive and the company will continue to increase its scale rapidly and improve its profitability notably.
Maruti Suzuki Margins Jump On Price Hikes, Sees Chip Supply Improving
Maruti Suzuki which sells every second car in India, also said it sees the chip-shortage crisis improving in the current quarter which it hopes will help ramp up production to close the gap on pending orders.
Toyota To Produce Record 11 Million Cars In Fiscal 2022 If Chip Supply Stable
Hitting that production target would depend on a stable supply of chips
Bentley To Produce First Fully Electric Car In 2025
Bentley also committed to investing 2.5 billion pounds ($3.4 billion) in sustainability over the next decade.
Carmaker Stellantis Flags Improved Business Performance In China
Stellantis' business performance in China improved markedly in 2021, with its Dongfeng Peugeot Citroen Automobile selling more than 100,000 vehicles.
Toyota Remains World's Biggest Car Seller, Widens Lead On Volkswagen
Toyota said sales were 10.5 million vehicles in 2021, including those by affiliates Daihatsu Motors and Hino Motors.
Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Sales of electric scooters surged more than five-fold in India last year, as high fuel prices pushed buyers to look for alternatives and government subsidies narrow the price gap between electric and gasoline models.
France Investigates Possible Second Blast At Dakar Rally In Saudi: French Radio
A truck belonging to the team of Franco-Italian rally competitor Camelia Liparoti caught fire on Dec. 31 after the driver heard a "boom". A day earlier an explosion under a support vehicle at the rally seriously injured French race driver Philippe Boutron.
Oil At Seven-Year High As Ukraine Crisis Overshadows Fed
Crude prices had surged on Wednesday, with Brent climbing above $90 a barrel for the first time in seven years amid tensions between Russia and the West.
SKC Consortium Invests $80 Million In UK Anode Startup Nexeon
The consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.
China's GAC Rebuked Stellantis Over Joint-Venture Plan Announcment
Stellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.
Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
Stellantis To Raise Stake In China JV With GAC To 75%
The deal remains subject to approval by the Chinese government, but Stellantis, plans to increase its stake to 75% as part of its efforts to tackle one of the weak spots in its business.
Tesla Forecasts 2022 Growth Above 50%, Despite Supply Chain Challenges
The upbeat outlook from CEO Elon Musk came after the world's most valuable automaker posted record quarterly revenue that beat Wall Street expectations.
6 Tips To Follow While Driving In Traffic
Driving in heavy traffic is an art that's not hard to master.
Optimizing Built-in Tyre Pressure Monitoring Sensors
Miniature sensors that control vehicle performance are built in such a way that they can function adequately while being mounted directly on rolling tyres. They must be sensitive enough to take measurements while moving and durable enough to endure the environment.
Britishvolt To Develop Batteries For New Lotus Electric Sports Car
The research and development that will go into developing battery cells for a high-performance sports car for Lotus will ultimately trickle down to benefit battery cells for more affordable, mainstream EVs.
Musk's Bets On Tesla: Human-Like Robots And Self-Driving Cars
"I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked," Elon Musk said.
GM Ventures Invests In EV Advanced Battery Startup Soelect
Two-year-old Soelect announced a Series A raise of $11 million from GM Ventures, KTB Network, and Lotte Ventures, an affiliate of Korea's Lotte Chemical.
