Latest News

Car Electrification Unlikely To Erase Market For Ethanol, Says Producer
The global movement by governments and automakers to boost electrification of cars does not mean ethanol will be dead as a product, according to an executive of one of the world's largest producers of the biofuel.

Tesla Is Sued By Drivers Over Alleged False Autopilot, Full Self-Driving Claims
Dec 1, 2022 05:20 AM
Tesla Inc was sued on Wednesday in a proposed class action accusing Elon Musk's electric car company of misleading the public by falsely advertising its Autopilot and Full Self-Driving features.

Dutch Students Devise Carbon-Eating Electric Vehicle
Dec 1, 2022 05:20 AM
The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It captures more carbon than it emits.

Taiwan President Warns Of 'Volatile' Challenges Facing Chip Industry
Dec 1, 2022 05:20 AM
Taiwan's President Tsai Ing-wen warned the semiconductor industry faces new and "volatile" challenges, but said her government will work with the sector to overcome them.

Uber Asks Its India Drivers To Ensure Rear Seatbelts In Their Cars Work
Dec 1, 2022 05:20 AM
Ride-hailing company Uber Technologies has asked its drivers in India to ensure backseat seatbelts in their vehicles are accessible to passengers and they work, days after a local business tycoon died in a crash involving his private car.

Oil Dips Nearly 1%, Reversing Gains After Bearish U.S. Economic Data
Dec 1, 2022 05:20 AM
Oil prices ended nearly 1% lower, reversing earlier gains as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal Reserve to deliver another hefty interest rate increase next week.

Upset By High Prices, GM's Cruise Develops Its Own Chips For Self-Driving Cars
Dec 1, 2022 05:19 AM
General Motors' autonomous driving unit Cruise has developed its own chips for self-driving cars to be deployed by 2025, as they aim to bring down costs and scale up volume, executives said.

Tesla Weighs Reset For China Retail Strategy Even As Sales Boom
Dec 1, 2022 05:19 AM
Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans said.

Musk Sends Fresh Letter To Scrap Twitter Deal After Whistleblower Claims
Dec 1, 2022 05:19 AM
Musk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint.
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