Auto Industry
Ameya Naik
Aug 22, 2021, 1:29 AM
The combination of HELLA and Faurecia will create a global technology leader covering both a broad customer portfolio and significant future trends in the automotive sector.
1 Min
Reuters | Aug 22, 2021Taiwan Says Sees 'Balance' In Auto Chip Supplies By Fourth QuarterThe issue has taken on a strongly diplomatic hue as Taiwan scrambles to reassure the United States, its most important international supporter and arms supplier, that it is doing all it can, especially at a time when Taipei is facing increased military pressure from China, which views Taiwan as its own.1 min read
Reuters | Aug 21, 2021Oil Posts Biggest Week Of Losses In Nine Months As Delta Variant SpreadsWhile the Delta variant drags on fuel demand, supply is steadily increasing. U.S. production rose to 11.4 million barrels per day in the most recent week, and drilling firms added rigs for the third week in a row, services company Baker Hughes said.1 min read
Charanpreet Singh | Aug 21, 2021Assam Government To Replace Diesel-Run Buses With Electric, CNG Buses In GuwahatiAssam Chief Minister Himanta Biswa Sarma on Friday said that the ASTC's diesel-run buses in the Guwahati city will be replaced with electric and CNG buses in a bid to reduce carbon emissions.1 min read
Reuters | Aug 21, 2021Taiwan Says Sees 'Balance' In Auto Chip Supplies By Fourth QuarterThe 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.1 min read
Reuters | Aug 21, 2021Electric Vehicle Battery Startup Ample Raises $160 MillionThe 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.1 min read
Charanpreet Singh | Aug 21, 2021Diesel Rates Unchanged On Saturday After Three Consecutive Price CutsThe 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.1 min read
Reuters | Aug 21, 2021EV Scooter Startup Bird Posts Lower Loss Amid Rapid ExpansionSecond-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.1 min read
AFP | Aug 21, 2021GM Expands Chevrolet Bolt EV Recall, Adding $1 Billion In CostsThe recall will address two manufacturing defects in electric battery cells, which can cause the cars to catch fire.1 min read
