Latest News
U.S. Extends Public Input On GM, Ford Self-Driving Petitions
U.S. auto safety regulators will extend a deadline for public input on General Motors and Ford Motor petitions seeking to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.
Indonesia President Wants Tesla To Make Electric Cars In Country - Sources
Dec 1, 2022 04:06 AM
Indonesian President Joko Widodo has urged electric vehicle (EV) maker Tesla to manufacture its cars, as well as batteries, in the country, in comments made to Bloomberg News.
China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan
Dec 1, 2022 04:04 AM
China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023
Aeva Strikes Deal To Sell Industrial Sensors To Germany Automation Firm
Dec 1, 2022 04:04 AM
Aeva Technologies Inc said it has reached a deal with a German firm to sell its sensors for industrial uses such as automating manufacturing lines with machines and self-driving mining trucks.
Italy, Intel Close To $5 Billion Deal For Chip Factory - Sources
Dec 1, 2022 04:00 AM
Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed on discussions told Reuters.
Lyft Posts Record Quarter, Sees Operating Profit Of $1 Billion In 2024
Dec 1, 2022 03:58 AM
Ride-hailing firm Lyft Inc forecast an adjusted operating profit of $1 billion for 2024 after reporting record earnings for the second quarter, betting on strength in the rideshare market as it rebounds from pandemic lows.
Baidu Bags China's First Fully Driverless Robotaxi Licenses
Dec 1, 2022 03:12 AM
China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.
U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative Push
Dec 1, 2022 03:12 AM
Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.
Oil Costs Spur India To Produce Ethanol From Farm Waste
Dec 1, 2022 03:12 AM
India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.
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