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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.
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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.
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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.
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Renault To Produce New Alpine Model At Dieppe Site
French carmaker Renault will produce the new electric model of its Alpine brand at its Dieppe site in northern France, Chairman Jean-Dominique Senard said on Friday.
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China's Great Wall Says Will Invest $1.9 Billion In Brazil Over Next Decade
Great Wall plans to launch 10 new electrified products within three years in Brazil, four of which will be pure electric vehicles and six hybrids.
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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.
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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.
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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.
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Crude Prices Edge Lower, Though Supply Concerns Still Dominant
The global benchmark rose to $89.17 on Wednesday, its highest level since October 2014; the benchmark is up 13% on the year so far.
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Qualcomm Inks Car Chip Deals With Volvo, Honda And Renault
Qualcomm Corp announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines.
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India's HPCL To Raise Iraqi Oil Imports By 45% In 2022: Report
The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd in 2021.
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Self-Driving Sensor Maker Luminar Shares Rally On Mercedes-Benz Tie-Up
Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles.
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Indian Oil To Invest $944 Million On Gas Sales Network In Nine New Areas
IOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.
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Indian Refiners' Throughput Recovery Loses Steam In December
Indian refiners operated at an average rate of 101.2% in December, below November's 104.6%, but up from 99.1% in the same month last year, data showed.
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OPEC's Share Of Indian Oil Imports Falls To Lowest In At Least 15 Years
India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019.
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Vietnam Car Maker VinFast To Build U.S. Battery Factory As It Goes All-Electric
VinFast is betting big on the U.S. market, where it hopes its electric SUVs and a battery leasing model will be enough to tempt consumers away from the likes of Tesla and General Motors.
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Brazil's WEG and Neoenergia Announce Partnership In Charging Stations For Electric Vehicles
The company will provide equipment produced nationally with a power of 7.4 kilowatts, ideal for homes or residential buildings, and 22 kilowatts, which is more suitable for companies.
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UK Self-Driving Startup Wayve Raises $200 Million To Scale Up Technology
The Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.
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Chip Supplier ASML Forecasts Strong 2022 Despite Fire Hit
ASML Chief Executive Peter Wennink said "the expected impact of the fire in part of a building at our Berlin site is included" in the 2022 growth forecast.
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Nonprofit Groups To Rate U.S. Vehicle Driver Monitoring Systems
The announcements come amid scrutiny of Tesla's driver assistance system Autopilot, which handles some driving tasks and allows drivers to keep their hands off the wheel at times.
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