Auto Industry News

Baidu Bags China's First Fully Driverless Robotaxi Licenses
China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.

U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative Push
Dec 1, 2022 03:12 AM
Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.

Oil Costs Spur India To Produce Ethanol From Farm Waste
Dec 1, 2022 03:12 AM
India opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.

Sierra Leone Doctors Strike Over Pay, Fuel Allowances
Dec 1, 2022 03:12 AM
Doctors across Sierra Leone began an indefinite strike on Monday to protest low pay and lack of benefits, leaving dozens of patients in hospital waiting rooms in need of care.

Chip Stocks Slip As Taiwan Tensions Mount
Dec 1, 2022 03:11 AM
Semiconductor stocks fell globally as an expected visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan fueled a fresh escalation in tensions between Washington and Beijing.

Spiralling Fuel Costs Hit Damascus Drivers
Dec 1, 2022 03:11 AM
Damascus minibus driver Khaled al-Hassi remembers a time when he could fill his tank with cheap fuel to drive passengers across the Syrian capital and take home enough money for food, drink and a comfortable life.

Ukraine To Resume Excise Tax On Fuel To Replenish Budget During War
Dec 1, 2022 03:11 AM
The Ukrainian government has asked parliament to partially restore excise tax on petrol and diesel fuel to boost the state budget, depleted by months of war with Russia.

Myanmar To Import Russian Oil, Military Says
Dec 1, 2022 03:04 AM
Military-ruled Myanmar plans to import Russian gasoline and fuel oil to ease supply concerns and rising prices.

Musk Sells Tesla Stock Worth $6.9 Billion As Possibility Of Forced Twitter Deal Rises
Dec 1, 2022 03:03 AM
Tesla CEO Elon Musk sold $6.9 billion worth of shares, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.

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