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Reuters
Dec 31, 2022, 12:06 PM
In 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
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
Reuters | Dec 31, 2022Europe's Car Repairers Call For Competition Rules RewriteThe European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.1 min read
Reuters | Dec 31, 2022Tesla Driver In Multi-Car Crash Told Police Self-Driving Software MalfunctionedThe police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.2 mins read
Reuters | Dec 31, 2022Tesla Falls On Growing Angst Over Musk's Focus On TwitterAnalysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.1 min read- Reuters | Dec 31, 2022Tesla Falls On Growing Angst Over Musk's Focus On TwitterAnalysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.1 min read
Reuters | Dec 31, 2022Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm InvestorsTesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.2 mins read
Reuters | Dec 31, 2022Israeli Startup Makes Inroads With Personal Flying VehicleThe test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.1 min read
Reuters | Dec 31, 2022Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its MoneyOne of the biggest investors in Musk's acquisition of Twitter, Aliya Capital Partners LLC, said it expects to make up to five times its money despite the social media company's problems.2 mins read
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Car News
Sidharth Nambiar | Jun 7, 2023Honda Elevate vs Rivals: Specifications ComparisonWe see how Honda's newest addition to the compact SUV segment holds up against its rivals7 mins read
car&bike Team | Jun 7, 2023Toyota Data Breach: Customer Information Exposed in Asia-PacificToyota Motor Corp discloses a major data breach in Asia-Pacific, raising concerns about customer data security and prompting immediate action to reinforce safeguards1 min read
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Yash Sunil | Jun 7, 2023Kia Seltos Achieves The 5 Lakh Sales MilestoneSince it was first launched in August 2019, the Seltos has garnered quite a massive popularity in India and helped establish the Kia brand in the Indian market.1 min read
Girish Karkera | Jun 7, 2023Honda Elevate To Skip Hybrid Powertrain Option; To Make The Leap To Full ElectrificationWhile Honda was the first to renew interest in strong hybrid powertrains with the launch of the City e:HEV, it won’t offer that option with its to-be-launched SUV.3 mins read
Electric Mobility
Sahil Gupta | Oct 27, 2020DJI & Mercedes EQ Formula E Team Partner For Innovative Race ContentThe Mercedes EQ team had already been using DJI's products since the Mexico City E-Prix which included the DJI action camera.1 min read
car&bike Team | Oct 26, 2020Okinawa Announces Festive Season Offers On Electric Two-WheelersOkinawa is offering a gift voucher worth Rs. 6,000 on bookings, as well as a lucky draw with the first prize of an Okinawa R30 electric scooter.1 min read
Seshan Vijayraghvan | Oct 26, 2020Renault Zoe EV Hatchback Spotted In IndiaThe all-electric Renault Zoe EV has been spotted in India without any camouflage. While this is not the first time that a test mule of the electric car has been spotted in India, its repeated sighting makes us wonder if Renault might be considering the electric vehicle for the Indian market or something based in it.1 min read
Sahil Gupta | Oct 26, 2020Tesla Preparing Megachager Network For Semi Electric TruckAs per a report by Electrek, Tesla is working on a network with third parties who could help build it up as a standard.1 min read
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Auto Industry
car&bike Team | Jul 2, 2021Mitsubishi Electric CEO To Resign Over Falsification Of Train Equipment Inspection DataMitsubishi said the equipment supplied with falsified data does not pose any safety risk, and promised to release a full report in September, when it will also announce measures to deal with the problem.1 min read
Seshan Vijayraghvan | Jul 2, 2021CV Sales June 2021: Ashok Leyland Registers Total Sales Of 6,448 Units As Lockdown EasesAshok Leyland, the home-grown commercial vehicle manufacturer, has released the monthly sales numbers for June 2021.1 min read
car&bike Team | Jul 2, 2021India's Fuel Consumption Picks Up In June As Lockdowns EaseIndia's auto fuel demand picked up in June as economic activity accelerated after the easing of pandemic-related lockdowns, preliminary sales data showed on July 1.1 min read
Seshan Vijayraghvan | Jul 2, 2021Tractor Sales June 2021: Mahindra's Farm Equipment Sector Sells 46,875 Tractors In The Domestic MarketIn June 2021, Mahindra's Farm Equipment Sector sold 46,875 tractors in the domestic markets, witnessing a growth of 31 per cent compared to 35,844 units sold in June 2020.1 min read
Seshan Vijayraghvan | Jul 2, 2021Maruti Suzuki Extends Free Service And Warranty Period Until July 31Maruti Suzuki has extended its free service, warranty and extended warranty plans which have or will expire between March 15, 2021 to June 30, 2021. These will be extended up to July 31, 2021.1 min read
car&bike Team | Jul 1, 2021Two-Wheeler Sales June 2021: Hero MotoCorp Sells 4.6 Lakh Units; Over 1 Million Units In Q1 FY 2022Hero MotoCorp reports sales of 10.24 lakh units in the first quarter of the current financial year (April to June 2021).1 min read
car&bike Team | Jul 1, 2021Two-Wheeler Sales June 2021: Royal Enfield Sales Remain Flat In Domestic MarketRoyal Enfield reported just 13 per cent over sales growth, but exports continue to improve, with 365 per cent growth in June 2021.1 min read
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car&bike Team | Jul 1, 2021Two-Wheeler Sales June 2021: TVS Exports Power 27 % Sales GrowthTVS Motor Company reported overall sales of 2,51,886 units in June 2021, a growth of 27 per cent over 1,98,387 unit sales in June 2020.1 min read