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Inside Tesla's Drive To Keep Musk's Battery Promise
The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery technology.
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Belgian Motorists Beat Fuel Inflation With Cross-Border Trips To France
French government support for gasoline prices has led to long queues of cars from Belgium queuing at gas stations just over the border with France where gas can be more than 30 euro cents ($0.30) per litre cheaper.
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Self-Driving Tech Firm Aurora Mulls Sale To Apple Or Microsoft - Sources
Aurora Innovation Inc Chief Executive Chris Urmson recently outlined several options for the self-driving tech firm to combat challenging market conditions, including a possible sale to Apple Inc or Microsoft Corp.
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India Aims To Finalise Six-Airbags Rule By Year-End To Beef Up Road Safety
India's road transport minister expects to finalise rules for all cars to have six airbags by the end of the current fiscal year, as part of a series of steps to improve safety in a country that has the world's deadliest roads.
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German Authority's Probe Finds 'Abnormalities' In Tesla Autopilot - Report
KBA has found "abnormalities" during its investigation focused on Tesla's autopilot function.
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Protests Across Indonesia As Anger Mounts Over Fuel Price Increase
Thousands of people rallied in Indonesia's biggest cities, demanding the government reverse its first subsidised fuel price increase in eight years amid soaring inflation.
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India Plans To Mandate Rear Seat Belt Alarms In Cars After Tycoon Dies In Crash
India is planning to make it mandatory for car makers to install an alarm system for rear seat belts to enforce their use, in an effort to reduce road accident fatalities.
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Tesla Considering Lithium Refinery In Texas, Seeks Tax Relief
Tesla is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles.
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Oil Edges Up From Seven-Month Low As Russia Threatens Export Halt
Crude prices edged up about 1% after dropping to a seven-month low in the prior session as some technical traders bought the dip and Russia threatened to halt oil and gas exports to some buyers.
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India Says Importing Russian Oil Part Of Inflation Management
India's finance minister said that importing Russian oil was part of the country's inflation-management strategy and that other countries were doing something similar.
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Other Nations Weighing G7 Russia Oil Price Cap, U.S.'s Adeyemo Says
A number of oil-importing countries are considering joining the G7's plan to cap the price of Russian oil.
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Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV Demand
Wolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.
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Oil Rises 4% On Supply Threats, Still Set For Weekly Drop
Oil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.
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Uber Partners With Nuro In Push For Autonomous Food, Grocery Delivery
Uber has partnered with Nuro to test food delivery via unmanned vehicles in some U.S. locations.
Read More →U.S. Commerce Aims To Seek Chips Funding Proposals By February
The U.S. Commerce Department said it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production.
Read More →Oil Prices Climb On Tight Supply Worries
Oil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.
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India's BPCL Plans To load Sokol Cargo In Sept - Report
Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia's Sokol crude oil this month, sources familiar with the deal said.
Read More →India Asks Amazon To Remove Seatbelt Alarm Blockers In Road Safety Push
The Indian government has asked online retail giant Amazon to stop selling devices designed to disable car seatbelt alarms, transport minister Nitin Gadkari told Reuters, citing potential safety risks.
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Shenzhen Shuts Most Public Transport As China Battles Multiple Outbreaks
The main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.
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Oil Climbs Ahead Of OPEC+ Meeting Next Week
Oil prices rose on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China's COVID-19 curbs and weakness in the global economy loomed over the market.
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