Latest News
Reuters
Dec 1, 2022, 5:32 AM
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.
3 Min
Reuters | Dec 1, 2022SoftBank Plans $35 Million Bet On India's GoMechanic - ReportVision Fund's early-stage talks with GoMechanic are being held around a valuation of $600-700 million, with Malaysian sovereign fund Khazanah and existing investor Tiger Global also planning to invest in the $100 million funding round.2 mins read
Reuters | Dec 1, 2022GM Startup Cruise Recalls And Revises Self-Driving Software After CrashGeneral Motors startup Cruise LLC said it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco that left two people injured.3 mins read
Reuters | Dec 1, 2022Resigned Riders Of Gasoline-Fueled Motorbikes Pay For Parking In ParisParis's town hall decision to make gasoline-fueled motorcycles pay for parking kicked in this Thursday, triggering reactions from riders ranging from resignation to dissatisfaction.1 min read
Reuters | Dec 1, 2022Piedmont To Build Lithium Plant In Tennessee For EV MarketPiedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.1 min read
Reuters | Dec 1, 2022EV Maker Lucid Files For New Offering To Raise $8 Billion In StagesLucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.1 min read
Reuters | Dec 1, 2022China Says Automakers Must Have Licences For Mapping Data In Smart CarsChina has said that automakers must apply for licences to collect geographic data using sensors on their intelligent vehicles.1 min read
Reuters | Dec 1, 2022Musk Sends Fresh Letter To Scrap Twitter Deal After Whistleblower ClaimsMusk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint.1 min read
Reuters | Dec 1, 2022Polestar Revenue Doubles As It Rides Electric Car BoomPolestar's revenue nearly doubled in the first half of 2022 on soaring demand and it may have to raise its prices further if material costs continue to rise.1 min read
