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Chinese Carmakers Target More European Sales With Five-Star EVs
In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings - an achievement that requires loading vehicles with active and passive safety features that go well beyond legal requirements.

Tesla Safety At Centre Of South Korean Trial Over Fiery, Fatal Crash
Nov 30, 2022 09:49 PM
The driver claimed that the Model X sped out of control on its own and that the brakes failed in the December 2020 accident.

G7 Coalition Has Agreed To Set Fixed Price For Russian Oil: Report
Nov 30, 2022 09:48 PM
U.S. officials and G7 countries have been in intense negotiations in recent weeks over the unprecedented plan to put a price cap on sea-borne oil shipments, which is scheduled to take effect on Dec. 5 - to ensure EU and U.S. sanctions aimed at limiting Moscow's ability to fund its invasion of Ukraine do not throttle the global oil market.

Toyota Cuts Output Target Amid Chip Crunch As Profit Tumbles 25%
Nov 30, 2022 09:48 PM
Toyota posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles surging material costs and a persistent semiconductor shortage

Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies Inflation
Nov 30, 2022 09:48 PM
With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs.

Bosch, Mercedes-Benz To Roll Out Fully-Automated Parking At Stuttgart Airport
Nov 30, 2022 09:47 PM
The function will be available for Mercedes-Benz customers owning an S Class or EQS produced from July 2022 onwards.

Tesla Crash Trial In California Hinges On Question Of 'Man Vs Machine'
Nov 30, 2022 09:46 PM
The U.S. Department of Justice is investigating whether Tesla itself should face criminal charges over its self-driving claims, Reuters reported.

Geely's Zeekr Plans Electric Vehicle Sales In Europe In 2023
Nov 30, 2022 09:46 PM
Zeekr joins a growing list of Chinese automakers looking to launch or expand sales of electric vehicles in Europe next year, including BYD, Xpeng and Great Wall Motors.

Verkor Raises 250 Million Euros To Fund EV Battery Megafactory
Nov 30, 2022 09:46 PM
Verkor, which is based in Grenoble, said investors in the funding round included French bank Societe Generale, German industrial company Siemens and the European Investment Bank, which put in 49 million euros.
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