Latest News

Renault-Airbus Partnership To Develop New Generation Of Electric Batteries
Engineering teams from both companies will join forces to mature technologies related to energy storage, one of the main roadblocks for the development of long-range electric vehicles

Tesla Reports Two New Fatal Crashes Involving Driver Assistance Systems
Nov 30, 2022 09:51 PM
The two crashes involved the Tesla Model 3 and were tied to the car's advanced driver assistance systems

COP27: France, Spain Latest To Pledge Halt To Gasoline-Driven Vehicle Sales
Nov 30, 2022 09:51 PM
Signatories, including countries, municipalities and companies, pledged to shift to 100% sales of zero-emission vehicles by 2035 in leading markets and by 2040 across the globe.

Chinese Carmakers Target More European Sales With Five-Star EVs
Nov 30, 2022 09:49 PM
In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings - an achievement that requires loading vehicles with active and passive safety features that go well beyond legal requirements.

Tesla Safety At Centre Of South Korean Trial Over Fiery, Fatal Crash
Nov 30, 2022 09:49 PM
The driver claimed that the Model X sped out of control on its own and that the brakes failed in the December 2020 accident.

G7 Coalition Has Agreed To Set Fixed Price For Russian Oil: Report
Nov 30, 2022 09:48 PM
U.S. officials and G7 countries have been in intense negotiations in recent weeks over the unprecedented plan to put a price cap on sea-borne oil shipments, which is scheduled to take effect on Dec. 5 - to ensure EU and U.S. sanctions aimed at limiting Moscow's ability to fund its invasion of Ukraine do not throttle the global oil market.

Toyota Cuts Output Target Amid Chip Crunch As Profit Tumbles 25%
Nov 30, 2022 09:48 PM
Toyota posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles surging material costs and a persistent semiconductor shortage

Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies Inflation
Nov 30, 2022 09:48 PM
With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs.

Bosch, Mercedes-Benz To Roll Out Fully-Automated Parking At Stuttgart Airport
Nov 30, 2022 09:47 PM
The function will be available for Mercedes-Benz customers owning an S Class or EQS produced from July 2022 onwards.
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