Elon Musk was working through the night and sleeping at Tesla Inc's factories in California and Nevada as the company struggled to ramp up production of the Model 3.
The Indian government is set to scrap all government-owned vehicles which are older than 15 years from April 2023, including buses owned by transport corporations.
First time offenders in Karnataka will have to pay a fine of Rs. 1,000 while second time or frequent offenders in the state will be charged Rs. 2,000 for the same.
Musk told a post-earnings call that all full self-driving users in North America will get an Autopilot feature at the end of the year, adding that while its cars are not ready to have no one behind the wheel, drivers would rarely have to touch the controls.
The price cap plan calls for G7 countries to deny insurance, finance, brokering, navigation and other services to oil cargoes priced above a yet-to-be-determined price cap on crude and oil products.
The grants, which are going to projects across at least 12 states, mark the latest push by the Biden administration to help reduce the country's dependence on China and other nations for the building blocks of the green energy revolution.
Renowned car designer and the Chairman and CEO of Fisker Inc., Henrik Fisker, has recently tweeted announcing that he has started designing his next vehicle, staying that his new creation will be "Radical!" He has posted a photo of what appears to be a headlamp cluster featuring twin LED units, while the body panel around it gets a nice sculpted look with sharp lines.
Indians are placing bigger-than-ever bets on U.S. stocks this year as the American stock market has recovered faster than markets in India and other emerging nations following a crash sparked by the coronavirus pandemic.
The Korean carmaker manged to clock 2 lakh sales milestone in just one year since it started operations and within two years has sold over 3 lakh units in our market, courtesy increasing demands for the Kia Seltos and Sonet which have been a blockbuster hit in our market.
Biden will deliver remarks at 3 p.m. EDT (1900 GMT) on Thursday on the steps his administration is taking to strengthen American leadership on clean cars and trucks, the White House said. It did not say who would attend the event.
Uber Technologies Inc on Wednesday reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after-hours trade.
In a joint news conference, Foxconn and Macronix said the sale of the 6-inch wafer fabrication plant (fab) in Taiwan's chip-making hub of Hsinchu will be finalised by the end of this year. The plant is not currently in operation.
Tata Motors has launched the Tiago NRG in just the range-topping trim for now but will consider introducing lower variants as well if the model garners strong demand.
