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Reuters

Nov 26, 2022, 10:26 PM

TVS Motor Misses Q2 Profit Estimates On Weak Exports

TVS reported a lower-than-expected rise in second-quarter profit, hurt by higher expenses and an economic slowdown in a few of its key markets.

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  Reuters | Nov 26, 2022

  Tesla's California EV Market Share Slips As Rivals Step Up

  Tesla's dominant market share of the electric vehicle market in California slipped again this year.

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  Reuters | Nov 26, 2022

  Hivemapper Starts Issuing Crypto Tokens For Vehicle Dashcam Footage

  Drivers around the world can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of street-level imagery away from Alphabet Inc's Google.

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  Reuters | Nov 26, 2022

  Nissan Says Talks With Renault Focused On Better Competing In Electric Cars

  Nissan's CEO said the company's talks with Renault are focused on optimising their investment in electric vehicles and strengthening their competitiveness as equal partners.

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  Reuters | Nov 26, 2022

  India's Hero MotoCorp Misses Q2 Profit Estimates, Sales Dip

  Profit after tax fell 10 per cent to 7.16 billion Indian rupees ($86.37 million) for the three months ended Sept. 30, from Rs. 7.94 billion a year earlier, an exchange filing showed.

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  Reuters | Nov 26, 2022

  Canoo To Build Battery Manufacturing Facility In Oklahoma

  The company's Pryor facility will make proprietary battery modules, energy management system and thermal control technology, CEO and Chairman Tony Aquila said.

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  Reuters | Nov 26, 2022

  Europe Leans On Asia For 'Homegrown' EV Batteries

  With the notable exception of Sweden's Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller plants, with the aim of attracting more investment further down the line.

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  Reuters | Nov 26, 2022

  MG Motor Says India Sought Clarifications On Losses For First Year In Country: Report

  India's Ministry of Corporate Affairs started the probe after an analysis of MG Motor India's statements indicated suspicious related-party transactions, alleged tax evasion, under- and over-invoicing of bills. MG Motor India said it is providing the required records and information to the MCA.

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  car&bike Team | Nov 26, 2022

  Bollywood Actor Ram Kapoor & Wife Gautami Kapoor Bring Home A Ferrari Portofino M Sportscar Worth Over Rs. 3.5 Crore

  Ram Kapoor has a good collection of exotic cars, which include the likes of a 911 Carrera S, Mercedes-AMG G63, and a BMW X5.

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