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Reuters
Dec 31, 2022, 11:48 AM
Lucid 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
Reuters | Dec 31, 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 31, 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 31, 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
Reuters | Dec 31, 2022Bosch To Invest $200 Million To Make Fuel Cell Stacks In South CarolinaBosch will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to electrification.1 min read
Reuters | Dec 31, 2022Stocks Eye 3% Weekly Loss, Dollar Sky High Before U.S. Jobs DataWorld stocks were heading for a 3% loss on the week while the dollar hit 24-year highs against the yen for a second day ahead of key U.S. jobs data, as investors brace for aggressive rate hikes from the Federal Reserve.3 mins read
Reuters | Dec 31, 2022Oil Gains Ahead Of OPEC+ Meeting; Russian Oil Price Cap LoomsOil prices climbed on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's COVID-19 curbs and weak global growth continued to limit gains and a potential cap on the price of Russian exports loomed.2 mins read
Reuters | Dec 31, 2022Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.STaiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.2 mins read
Reuters | Dec 31, 2022Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYDThe sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95%1 min read
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Car News
car&bike Team | May 27, 2023Caterham Unveils All-New EV SevenThe EV Seven is a lightweight electric concept car developed in collaboration with Swindon Powertrain.2 mins read
car&bike Team | May 26, 2023Lumax Auto Technologies Launches New Range of Lubricants And Coolants In IndiaA new range of coolants and lubricants are targeted at all segments of the auto industry1 min read
car&bike Team | May 26, 2023Nissan Magnite Geza Edition Launched In India; Priced At Rs 7.39 LakhThe special edition Magnite gets bits such as ambient lighting, a JBL sound system, a larger touchscreen and beige seat upholstery.1 min read
Jafar Rizvi | May 26, 2023MG Gloster Black Storm Special Editon Model To Be Launched In JuneThe MG Gloster Black Storm is scheduled to arrive in showrooms by the beginning of June 20232 mins read
Jaiveer Mehra | May 26, 2023Ford EVs Will Be Able To Plug Into Tesla Superchargers In North America From 2024The American auto giant has entered an agreement with Tesla that will provide EV owners with access to over 12,000 Tesla Superchargers in the US and Canada.1 min read
Electric Mobility
car&bike Team | Oct 23, 2020Tesla Being Courted To Invest By Multiple States In IndiaMany Indian states are now courting Tesla as it prepares to scale factories and production beyond China, Europe and the US.1 min read
Reuters | Oct 23, 2020Auto Start-ups Chasing Tesla Race Past Red Flags To Go PublicLining up on the success of Tesla, the new EV-related start-ups want to go public but few have products ready to sell or any likelihood of generating significant revenue anytime soon.1 min read
Seshan Vijayraghvan | Oct 22, 2020Piaggio Launches The Ape E-City Electric Auto In Thiruvananthapuram And KozhikodePiaggio India has launched its all-electric three-wheeler, the Ape E-City, in Thiruvananthapuram and Kozhikode, in Kerala.1 min read
car&bike Team | Oct 22, 2020Tesla CyberTruck To Get "Lots Of Improvements" Says MuskTesla has been making many improvements to the original design since the CyberTruck broke cover last November1 min read
car&bike Team | Oct 22, 2020LG Chem Working On Triple Cylindrical Cell BatteriesIt is considered to be something of a necessity for competitiveness in terms of range.1 min read
Auto Industry
Sameer Contractor | Jun 29, 2021Asia's Longest High-Speed Test Track Inaugurated At PithampurUnion Minister Prakash Javdekar virtually inaugurated Asia's longest high-speed test track at Pithampur in Indore. The NATRAX facility is 11.3 km long and also includes different test tracks to aid automotive and component testing.1 min read
Charanpreet Singh | Jun 29, 2021Fuel Prices Touch New Highs; Petrol Breaches Rs. 110/Litre Mark In Rajasthan's Sri GanganagarIn Rajasthan's Sri Ganganagar, petrol has breached Rs. 100-mark currently retails at Rs. 110.04 a litre while diesel soared to Rs. 102.42 per litre.1 min read
Seshan Vijayraghvan | Jun 29, 2021Over 70% Used Cars In India Are Sold For Under Rs. 5 Lakh: StudyMarket research firm Frost & Sullivan's new 'Indian Pre-owned Car Market Study' says that over 70 per cent of used cars in India are sold under the Rs. 5 lakh margin.1 min read
car&bike Team | Jun 29, 2021Chinese EV Battery Maker CATL Extends Deal With TeslaChinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025.1 min read
car&bike Team | Jun 28, 2021India To Allow Ethanol-Based Flex Engines In Vehicles, Launch Scheme In 3 months: Nitin GadkariIndia has decided to allow ethanol-based ''flex engines'', which power vehicles using local farm produce and not fossil fuels, and will be rolling out a scheme on the same in the next three months, Union Minister for Road Transport and Highway, Nitin Gadkari said.1 min read
Reuters | Jun 28, 2021China's Automaker Great Wall Aims To Sell 4 Million Cars In 2025Great Wall, which sold 1.1 million cars last year, aims for 80 per cent of its annual sales in 2025 to be new energy vehicles, including battery-electric, plug-in hybrid and hydrogen fuel cell vehicles.1 min read
car&bike Team | Jun 28, 2021Chinese Automaker Geely Auto Scraps STAR Market Listing PlanChina's Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland's Nasdaq-like STAR Market.1 min read
Ameya Naik | Jun 27, 2021Uber CEO Makes Deliveries For Uber Eats In San Francisco; Twitteratis Slam It As A PR StuntWhile it was great to see the CEO of the company getting into the groove and making deliveries, Twitter absolutely erupted calling this a 'PR stunt'.1 min read
Reuters | Jun 27, 2021Toyota-Backed Self-Driving Startup Pony.ai Considers Going PublicThe startup, active in the United States and China, plans to install its technology in hundreds of vehicles next year, rising to tens of thousands in 2024-2025.1 min read