Auto Industry

Reuters

Jan 31, 2023, 3:47 PM

Foxconn To Use Nvidia Chips To Build Self-Driving Vehicle Platforms

Chipmaker Nvidia Corp and electronics manufacturer Foxconn announced a partnership on Tuesday to develop autonomous vehicle platforms.

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  Reuters | Jan 31, 2023

  Maruti Suzuki Raises Prices By Average 1.1% Across Models

  In December, Maruti had said it would have to raise prices in January to pass on the impact from high inflation and cost pressures related to regulatory requirements.

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  Reuters | Jan 31, 2023

  Tesla Makes China Boss Highest-Profile Executive After Musk

  Tesla Inc's China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as well as sales operations in North America and Europe. The move makes Zhu the highest-profile executive at Tesla after Chief Executive Elon Musk.

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  Reuters | Jan 31, 2023

  What's Faster Than A Corvette? A 'Vette With An Electric Motor

  The Corvette E-Ray - a play on the Stingray name used for gasoline-powered versions of the sports car - was revealed on the 70th anniversary of the debut of the original Corvette.

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  Reuters | Jan 31, 2023

  Tesla Video Promoting Self-Driving Was Staged, Engineer Testifies

  The New York Times reported in 2021 that Tesla engineers had created the 2016 video to promote Autopilot without disclosing that the route had been mapped in advance or that a car had crashed in trying to complete the shoot, citing anonymous sources.

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  Reuters | Jan 31, 2023

  Vietnam EV Maker VinFast Plans Promotions In Response To Tesla Price Cuts

  VinFast, which started operations in 2019, is gearing up to expand in the United States, where it hopes to compete with existing automakers by offering two models.

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  Pratik Rakshit | Jan 31, 2023

  Union Budget 2023: What The Indian Automobile Industry Expects

  The government has proposed to focus on providing tax relief for buyers, increasing incentives for electric vehicles, and providing incentives for companies investing in research and development activities.

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  Reuters | Jan 31, 2023

  Tesla Slashes Prices In China, Other Asian Markets As Sales Stumble

  Tesla has also cut prices on its best-selling Model Y and Model 3 electric vehicles in Japan, South Korea and Australia in what a person with direct knowledge of the plan said was part of an effort to help stoke demand for output from its Shanghai factory, its single largest production hub.

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  Reuters | Jan 31, 2023

  Tesla Owners In China Protest Against Surprise Price Cuts They Missed

  Recently, about 200 recent buyers of the Tesla Model Y and Model 3 gathered at a Tesla delivery centre in Shanghai to protest against the U.S. carmaker's decision to slash prices for the second time in three months.

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