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Reuters
Dec 31, 2022, 12:13 PM
The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.
1 Min
Reuters | Dec 31, 2022Tesla To Shorten Shanghai Shifts, Delay Hiring - ReportTesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.1 min read
Reuters | Dec 31, 2022German Car Giants And Asian Battery Kings: A Match Made In HungaryInvestment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.7 mins read
Reuters | Dec 31, 2022U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected VehiclesThe lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.2 mins read
Reuters | Dec 31, 2022Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - ReportA person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.2 mins read
Reuters | Dec 31, 2022Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023Indonesia targets 20% of overall car sales in 2025 to be EVs1 min read
Reuters | Dec 31, 2022China's BYD To Start Selling Evs In Japan By Early 2023China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66).2 mins read
Reuters | Dec 31, 2022Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.1 min read
Reuters | Dec 31, 2022How A Secret Software Change Allowed FTX To Use Client MoneyIn mid-2020, FTX's chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feature on the trading platform that would have automatically sold off Alameda's assets if it was losing too much borrowed money.4 mins read
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Car News
car&bike Team | Jun 10, 2023Renault Begins Deliveries Of Updated Kiger And Triber AMT ModelsThe Kiger and Triber AMT are priced between Rs 8.12 lakhs to Rs 8.47 lakhs (ex-showroom Delhi)1 min read
car&bike Team | Jun 10, 2023Volvo Cars Reports 31 Per Cent Increase In Global Sales In May 2023; EV Sales Up By 196 Per CentDuring the month of May, the Volvo XC60 emerged as the top-selling model, with sales totalling 18,052 vehicles, followed closely by the XC40, which achieved sales of 17,596 units1 min read
car&bike Team | Jun 10, 2023GM Announces Partnership With Tesla To Expand EV Charging Access In North AmericaThe collaboration is aimed at expanding charging accessibility for GM EV drivers at Tesla Superchargers across North America1 min read
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Electric Mobility
Reuters | Oct 31, 2020Qualcomm, FedEx, Auto Executives To Propose Transport Policies For World In TransitionThe group plans to propose a new regulatory framework to address a global transportation sector "on the cusp of a worldwide transition driven by shared, connected, autonomous, and electric technologies."1 min read
Seshan Vijayraghvan | Oct 31, 2020Mahindra Atom Electric Quadricycle Spotted TestingThe all-electric, Mahindra Atom quadricycle, was recently spotted testing in India. While we have already seen the pre-production concept at the 2020 Auto Expo, based on the camouflage, the production version could come with some visual updates.1 min read
Charanpreet Singh | Oct 31, 2020Telangana EV Policy 2020: Government Announces 100% Exemption On Road Tax & Registration Fee On Electric VehiclesAccording to the State Electric Vehicle and Energy Storage Policy, the electric vehicles will be applicable for this offer only if they are purchased and registered within the state.1 min read
car&bike Team | Oct 30, 2020Hyundai's Motional Partners With Via To Launch U.S. Robotaxi Service In 2021Hyundai Motor Co's self-driving joint venture Motional and public transit technology firm Via have partnered to launch a shared robotaxi service in the United States next year, the companies said on Tuesday.1 min read
Seshan Vijayraghvan | Oct 30, 2020Mahindra To Build New Electric Vehicle Technology And R&D Centre In BengaluruMahindra and Mahindra has announced that it will set-up a new electric vehicle technology and R&D centre near the Bengaluru airport.1 min read
Auto Industry
Ameya Naik | Jul 6, 20212021 Goodwood Festival Of Speed: Hydrogen-powered MissionH24 Endurance Racer to Make UK DebutIts four-stack hydrogen fuel cell powers four electric motors, creating a combined output of 653 horsepower.1 min read
Ameya Naik | Jul 6, 2021Daimler Truck, Traton Group And Volvo Join Hands To Install Charging Network For TrucksVolvo Group, Daimler Truck and the Traton Group will own equal shares in the planned JV, but continue to be competitors in all other areas.1 min read
Seshan Vijayraghvan | Jul 6, 2021Nitin Gadkari Calls Out OEMs Over Quality; Pushes Them To Constantly Improve Standards To Meet International BenchmarksNitin Gadkari, the Union Minister for Road Transport and Highways (MoRTH), recently called out automakers in India over the existing quality and standards of Indian vehicles.1 min read
Ameya Naik | Jul 6, 2021Michelin Appoints Gaganjot Singh As President Of Africa, India And Middle East RegionAcross his 10 year tenure with Michelin, Gaganjot has held various leadership roles in finance, sales, and other commercial functions across Asia, Africa and Europe.1 min read
Reuters | Jul 6, 2021Renault-Nissan India Plant Complying With COVID-19 Rules: ReportA court in Chennai ordered safety checks at the Renault-Nissan plant, which employs more than 8,000 people, after workers petitioned it, saying they felt unsafe.1 min read
Seshan Vijayraghvan | Oct 5, 2023Tata Motors To Increase Prices Across Its Passenger Vehicle Line SoonTata Motors, the home-grown automaker, today announced its plan to increase prices across its passenger vehicle line-up. As of now, the company has not revealed the timeline or the quantum of the price hike on cars, however, Tata did mention that the increase in prices is due to the steep climb in overall input costs.2 mins read
car&bike Team | Jul 5, 2021Hyundai Motor To Invest $100 Million In Battery Startup SolidEnergy Systems: ReportSouth Korea's Hyundai Motor Co has invested about $100 million to buy a stake in a lithium metal battery startup.1 min read
Charanpreet Singh | Jul 5, 2021Petrol Prices Hiked By Up To 39 Paise; Nears Rs. 100/Litre Mark In Delhi And KolkataWhile petrol has become dearer by up to 39 paise, diesel has remained unchanged on Monday. With the latest hike, petrol has inched towards Rs. 100 per litre mark in Delhi and Kolkata.1 min read
Reuters | Jul 4, 2021Nissan Bets On UK 'Renaissance' With Battery Plant And New VehicleNissan cast its backing for the 9 gigawatt-hour (GWh) plant as illustrative of a rejuvenation of Britain's automotive industry, which has for five years grappled with the fear that Brexit could cut off the rest of the European market.1 min read