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India November Auto Sales: Car, Tractor, Truck Sales Rise
The festive season helped drive strong overall sales at most Indian automakers in November.
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Musk Delivers First Tesla Truck, But No Update On Output, Pricing
Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.
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Apple Scales Back Self-Driving Car, Delays Launch To 2026: Report
The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.
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Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief
The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years
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Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year
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Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact
Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production
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Uber, Motional Launch Robotaxi Service In Las Vegas
The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.
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Tesla To Shorten Shanghai Shifts, Delay Hiring - Report
Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.
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German Car Giants And Asian Battery Kings: A Match Made In Hungary
Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.
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U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles
The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.
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Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report
A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.
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Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023
Indonesia targets 20% of overall car sales in 2025 to be EVs
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China's BYD To Start Selling Evs In Japan By Early 2023
China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66).
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Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.
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How A Secret Software Change Allowed FTX To Use Client Money
In mid-2020, FTX's chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feature on the trading platform that would have automatically sold off Alameda's assets if it was losing too much borrowed money.
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Europe's Car Repairers Call For Competition Rules Rewrite
The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.
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Tesla Driver In Multi-Car Crash Told Police Self-Driving Software Malfunctioned
The police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.
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Tesla Falls On Growing Angst Over Musk's Focus On Twitter
Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.
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Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm Investors
Tesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.
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Israeli Startup Makes Inroads With Personal Flying Vehicle
The test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.
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