Auto Industry

Reuters

Dec 27, 2022, 3:46 PM

Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact

Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production

2 Min

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  Seshan Vijayraghvan | Dec 27, 2022

  Yamaha Previews Self-Balancing Tech For Motorcycles

  Yamaha recently released a video showcasing its self-balancing tech called, Advanced Motorcycle Stability Assist System (AMSAS), which is fitted to an electric Yamaha R3. The two-wheeler marque says that the technology assists in stabilising the vehicle’s posture at speeds of 5 kmph or less.

  2 mins read
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  Reuters | Dec 26, 2022

  Uber, Motional Launch Robotaxi Service In Las Vegas

  The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.

  1 min read
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  Reuters | Dec 26, 2022

  Tesla To Shorten Shanghai Shifts, Delay Hiring - Report

  Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.

  1 min read
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  Reuters | Dec 26, 2022

  German Car Giants And Asian Battery Kings: A Match Made In Hungary

  Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.

  7 mins read
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  car&bike Team | Dec 26, 2022

  Hero Electric, NP Technology & Financial Advisor Partner To Push Green Mobility In B2B Space

  Under the partnership, the two companies will push to speed up the addition of gig workers on green mobility platforms for last-mile delivery services.

  1 min read
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  Reuters | Dec 26, 2022

  U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles

  The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.

  2 mins read
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  Reuters | Dec 26, 2022

  Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report

  A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.

  2 mins read
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  Reuters | Dec 26, 2022

  Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023

  Indonesia targets 20% of overall car sales in 2025 to be EVs

  1 min read