Auto Industry

Reuters

Dec 31, 2022, 3:36 PM

China Says Automakers Must Have Licences For Mapping Data In Smart Cars

China has said that automakers must apply for licences to collect geographic data using sensors on their intelligent vehicles.

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  Reuters | Dec 31, 2022

  Musk Sends Fresh Letter To Scrap Twitter Deal After Whistleblower Claims

  Musk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint.

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  Reuters | Dec 31, 2022

  Polestar Revenue Doubles As It Rides Electric Car Boom

  Polestar's revenue nearly doubled in the first half of 2022 on soaring demand and it may have to raise its prices further if material costs continue to rise.

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  Reuters | Dec 31, 2022

  Bosch To Invest $200 Million To Make Fuel Cell Stacks In South Carolina

  Bosch will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to electrification.

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  Reuters | Dec 31, 2022

  Oil Gains Ahead Of OPEC+ Meeting; Russian Oil Price Cap Looms

  Oil prices climbed on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's COVID-19 curbs and weak global growth continued to limit gains and a potential cap on the price of Russian exports loomed.

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  Reuters | Dec 31, 2022

  Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.S

  Taiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.

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  Jaiveer Mehra | Dec 31, 2022

  Tata Motors To Complete Acquisition Of Ford’s Sanand Plant On January 10, 2023

  The two companies signed an agreement for Tata Motors to acquire the Sanand plant in August 2022 as part of a deal worth Rs 725.7 crore.

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  Reuters | Dec 30, 2022

  Oil Tank In Colombia's Barranquilla Explodes Into Flames, One Dead

  Operations at Barranquilla's port were suspended until the fire is fully controlled, authorities added.

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  Reuters | Dec 30, 2022

  Hungarian Government Scraps Price Cap On Fuels As Shortage Worsens

  Foreign players have cut fuel shipments to Hungary since the government capped the price of petrol and diesel at 480 forints ($1.22) per litre a year ago.

  2 mins read