Latest News

Foxconn To Become Biggest Shareholder In Lordstown Motors With Up To $170 Million Investment
Lordstown Motors Corp has agreed a deal under which a Foxconn affiliate will invest up to $170 million in the EV maker.

Uber-Rival Beat Withdraws From Latin America
Nov 27, 2022 06:07 PM
Ride-sharing app Beat is withdrawing from Latin America to focus on its European operations.

Bosch CEO Sees Inflation Weighing On Margins But Could Ease Chip Shortage
Nov 27, 2022 06:00 PM
Bosch sees a possible easing of the global chip shortage in the second half of 2023 if demand dips under the weight of inflation.

Tesla Has Considered Exporting EVs From Shanghai To US, Canada - Report
Nov 27, 2022 05:57 PM
Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada.

Redwood Materials To Supply Cathode Material To Panasonic U.S. Battery Plant
Nov 27, 2022 05:51 PM
Panasonic will buy remanufactured battery cathode material from Redwood Materials beginning in 2025.

Mercedes Cuts Some China Electric Car Prices, Shaking Shares
Nov 27, 2022 05:45 PM
Mercedes-Benz had cut prices on some of its EQE and EQS models in China due to changing market demand for top-end electric vehicles.

Musk's All-Nighters At Twitter Raise Concern For Tesla Investors
Nov 27, 2022 05:31 PM
Elon Musk was working through the night and sleeping at Tesla Inc's factories in California and Nevada as the company struggled to ramp up production of the Model 3.

India Bike Week 2022: What To Look Out For
Nov 27, 2022 05:21 PM
India Bike Week is returning to Goa after 3 years. Here's what to look out for in the 8th edition of the festival.

Government Vehicles Older Than 15 Years To Be Scrapped From April 2023 - Report
Nov 27, 2022 05:03 PM
The Indian government is set to scrap all government-owned vehicles which are older than 15 years from April 2023, including buses owned by transport corporations.
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