Auto Industry News

The ministry noted that Taiwan's semiconductor firms have been expanding production, and stressed these companies as well as the government set great store on working with "like-minded partners", language Taipei uses to refer to other democracies like the United States and European Union.

The Series C round brings to $230 million the total raised by the seven-year-old startup, which plans to expand testing and deployment to New York City, then Madrid and Singapore, Hassounah said in an interview.

The state-owned marketing companies have slashed diesel rates by 20 paise a litre on three straight days, bring down it cumulatively by 60 paise a litre.

Second-quarter revenue jumped to $60 million from $10.4 million during the same period in 2020 when lockdowns virtually shut down the e-mobility industry.

The recall will address two manufacturing defects in electric battery cells, which can cause the cars to catch fire.

Brent volumes were above 330,000 contracts, while volumes for the most-active WTI contract were more than 450,000, the highest since July 20.

A new highlight of the 2022 awards program is the debut of the World Electric Vehicle of the Year award. This new award is intended to recognize, support and celebrate the global transition to electrically-powered vehicles

Siddhartha Lal's re-appointment as managing director at Eicher Motors, the parent company of Royal Enfield was rejected by the shareholders over a salary hike proposal.