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Reuters

Dec 31, 2022, 3:46 PM

SoftBank Plans $35 Million Bet On India's GoMechanic - Report

Vision Fund's early-stage talks with GoMechanic are being held around a valuation of $600-700 million, with Malaysian sovereign fund Khazanah and existing investor Tiger Global also planning to invest in the $100 million funding round.

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  car&bike Team | Dec 31, 2022

  Isuzu Motors India Introduces Winter Camp For Customers

  The winter camp was organised across all Isuzu authorised dealer service outlets between December 16 and 31, 2022.

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  Reuters | Dec 31, 2022

  GM Startup Cruise Recalls And Revises Self-Driving Software After Crash

  General Motors startup Cruise LLC said it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco that left two people injured.

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  Reuters | Dec 31, 2022

  Resigned Riders Of Gasoline-Fueled Motorbikes Pay For Parking In Paris

  Paris's town hall decision to make gasoline-fueled motorcycles pay for parking kicked in this Thursday, triggering reactions from riders ranging from resignation to dissatisfaction.

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  Reuters | Dec 31, 2022

  Piedmont To Build Lithium Plant In Tennessee For EV Market

  Piedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.

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  Reuters | Dec 31, 2022

  EV Maker Lucid Files For New Offering To Raise $8 Billion In Stages

  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.

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  Reuters | Dec 31, 2022

  China Says Automakers Must Have Licences For Mapping Data In Smart Cars

  China has said that automakers must apply for licences to collect geographic data using sensors on their intelligent vehicles.

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  Reuters | Dec 31, 2022

  Musk Sends Fresh Letter To Scrap Twitter Deal After Whistleblower Claims

  Musk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint.

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  Reuters | Dec 31, 2022

  Polestar Revenue Doubles As It Rides Electric Car Boom

  Polestar'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