Latest News

Self-Driving Cars Face Uncertain Path To US Deployment: Report
Following a GM petition as well as a June crash involving an autonomous vehicle, the City and County of San Francisco said in its comments GM and Cruise failed to provide sufficient data and fell "short of documenting or analyzing the safety performance" of the self-driving vehicles.

Oil Settles Up 5% As Further Interest Rate Hikes Loom
Nov 30, 2022 10:06 PM
Though fears of global recession capped gains, Brent crude futures settled up $3.99 to $98.57 per barrel, a weekly gain of 2.9%.

Toyota Profit To Rise But Eyes Will Be On Its Shaky Supply Chain, EV Strategy
Nov 30, 2022 10:05 PM
The world's biggest automaker by sales said last week its global production rebounded by 30 per cent in the quarter that ended in September but warned shortages of semiconductors and other components would continue to constrain output in coming months.

RattanIndia To Buy Electric Motorcycle Maker Revolt
Nov 30, 2022 10:05 PM
RattanIndia, whose shares soared 10% in morning trade, did not disclose the size of the deal. It's buying the stake in Revolt Motors at a time when eco-conscious consumers are turning to alternatives to conventional vehicles.

What Does Elon Musk Want To Do With Twitter 
Nov 30, 2022 10:05 PM
Musk has been for long talking about creating a super app called X for which Twitter will provide the underlying architecture.

India's Top Bikemaker Hero Launches E-Scooter To Chase Startups
Nov 30, 2022 10:04 PM
Like some other legacy automakers in India, Hero has been a laggard in launching electric two-wheelers, giving startups such as Ather Energy, which is backed by Tiger Global, and Softbank Group-backed Ola Electric a first-mover advantage.

Renault-Backed Beyonca EV Venture Touts Health Monitoring, Targets Audi In China
Nov 30, 2022 10:04 PM
Led by current Renault China CEO Soh Weiming and backed by Renault and Dongfeng Motor, two-year-old Beyonca plans to unveil its first production car in the first quarter of next year with deliveries from 2024, Soh told Reuters.

Musk Says Pepsi To Receive Tesla's First Semi Trucks In December
Nov 30, 2022 10:04 PM
Tesla Inc is starting Semi electric commercial truck production and PepsiCo Inc will get the first deliveries on Dec. 1, the electric vehicle maker's chief Elon Musk tweeted on Thursday.

Twitter Shares Fall As Investors Await Musk Funding Details 
Nov 30, 2022 10:03 PM
Details are sketchy around who all have backed Elon Musk's $44 Billion takeover of the social media network.
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