Latest News

Nikola To Sell Up To 75 Hydrogen-Powered Trucks To Plug Power
Electric vehicle (EV) makers are looking to capitalize on tax incentives provided by the U.S. Inflation Reduction Act (IRA) to lower costs of adopting EVs for commercial purposes.

Indian Luxury Car Dealer Landmark IPO Oversubscribed By Threefold Shares On Offer
Dec 19, 2022 11:32 PM
Investors bid for 24.6 million shares by the final day of bidding, 3.1 times the 8 million shares on offer, exchange data showed.

Nikola Founder Seeks New Trial, Says Juror Concealed Bias Against Wealthy
Dec 19, 2022 11:28 PM
Milton told U.S. District Judge Edgardo Ramos in court papers that the juror's Twitter and Facebook pages were "riddled with attacks on wealthy executives"

Faraday Future Slides On Signaling Need For Funds To Start Production
Dec 19, 2022 11:22 PM
The company is one of the many EV startups struggling to launch its products as a bleak global growth outlook and a funding squeeze dented production schedules and compounded losses.

BMW Motorrad India Headed For Record Year In Sales
Dec 19, 2022 11:35 PM
Speaking to carandbike, Markus Mueller-Zambre, Head of Region (Asia, China, Pacific & Africa), BMW Motorrad shared that BMW Motorrad India is heading for a record year in sales for 2022, expected to clock sales of around 7,000 units by the end of the calendar year.

Self-Driving Trucking Firm TuSimple Appoints CFO, Reconstitutes Audit Panel
Dec 19, 2022 11:14 PM
The company reappointed former chief executive Cheng Lu as its top boss last month after it fired his predecessor Xiaodi Hou following a probe.

Tesla Plans To Announce Mexico EV Plant Soon - Report
Dec 19, 2022 10:55 PM
The plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.

LG Energy Solution To Invest $3.1 Billion In S.Korea Battery Facility
Dec 19, 2022 10:41 PM
The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure

New Hyundai Subcompact SUV Spotted Testing In Global Markets
Dec 19, 2022 10:08 PM
New model could sit above the new Casper in Hyundai’s line-up though if it will come to India remains to be seen.
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