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Timeline: Elon Musk Seeks To End $44 Billion Twitter Pursuit
Elon Musk has said he intends to terminate his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement.
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Tata Motors Aims To Sell 50,000 EVs In This Fiscal Year
Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period
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Maruti Suzuki To Phase Out Pure Petrol-Powered Cars In 10 Years - Report
Maruti Suzuki India Ltd will phase out vehicles that run completely on petrol in seven to ten years.
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U.S. Opens Special Probe Into Fatal Tesla Pedestrian Crash In California
U.S. auto safety regulators have opened a special investigation into a fatal pedestrian crash in California involving a 2018 Tesla Model 3 where an advanced driver assistance system is suspected of use.
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Tesla Plays 'Whack-A-Mole' With Snags As Deliveries Fall For First Time In Two Years
Stung by China's COVID-19 lockdowns and soaring costs, Tesla said on Saturday it delivered 254,695 vehicles in the second quarter, down about 18% from the first quarter.
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Chinese Smart Car Supplier PATEO Raises 1 Billion Yuan In New Funding Round
Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co raised 1 billon yuan in a latest funding round led by state-owned investment firms.
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S.Korea's Hyundai Motor And Its Affiliates To Jointly Set Up Company In U.S. To Explore Businesses
Hyundai and its two affiliates plan to jointly set up a company in the United States to explore businesses.
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Uber Ex-Security Chief Accused Of Hacking Coverup Must Face Fraud Charges, Judge Rules
Former Uber Technologies Inc security chief to face wire fraud charges over his alleged role in trying to cover up a 2016 hacking that exposed personal information of 57 million passengers and drivers.
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Japan's Renesas, India's Tata Motors Partner To Develop Chip Solutions
Renesas Electronics Corp and Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions.
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Apple Eyes Fuel Purchases From Dashboard As It Revs Up Car Software
Apple Inc wants you to start buying gas directly from your car dashboard as early as this fall, when the newest version of its CarPlay software rolls out.
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GM Outsells Toyota In Q2 As Inventory Shortages Linger
General Motors Co surpassed Toyota Motor Corp in second-quarter U.S. car sales, even as persistent chip shortages and supply-chain disruptions crimped automakers' ability to meet pent-up demand.
Read More →Canoo Production Starts Could Slip, But CEO Remains Confident In Funding
Start of production by electric vehicle maker Canoo Inc at its Arkansas and Oklahoma assembly plants could slip due to supply-chain pressures, but its chief executive remains bullish on the company's ability to raise money.
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Oil slips on China lockdowns, but bullish trends intact
Oil prices have been rallying steadily over the last two months, led by big increases in prices of refined products due to tight refining supply and surging demand
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Oil prices slump as investors fear Fed rate hikes will hurt demand
Brent crude futures settled at $110.05 a barrel, falling $1.69, or 1.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $104.27 a barrel, down $1.92, or 1.8%.
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Vigna To Set Out Ferrari's Route Into Electric Vehicle Era
The Italian luxury sports carmaker is set to unveil its much awaited business plan on Thursday, heading into the new era of cleaner, silent and electric mobility.
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Canoo Production Starts Could Slip, But CEO Remains Confident In Funding
Start of production by electric vehicle maker Canoo Inc at its Arkansas and Oklahoma assembly plants could slip due to supply-chain pressures, but its chief executive remains bullish on the company's ability to raise money.
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Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
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Faraday Future says it doesn't need more funds to launch FF91 electric luxury car
Faraday Future Intelligent Electric will be able to launch its FF91 luxury vehicle without the need for additional funding, CEO Carsten Breitfeld said.
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Musk Says 'Tesla Is On My Mind 24/7' Amid Concerns About Twitter Distraction
Elon Musk said "Tesla is on my mind 24/7," trying to soothe investor worries about him being distracted by a Twitter deal that has depressed stocks at the electric car company.
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Musk Denies He Sexually Harassed Flight Attendant; Tesla Shares Sink
Elon Musk has denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.
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