Auto Industry
Reuters
Dec 1, 2022, 5:03 AM
Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch-up in the race to connect the human brain directly to machines, according to four people familiar with the matter.
2 Min
Reuters | Dec 1, 2022EV Maker Nikola Beats Revenue Estimates On Higher DeliveriesNikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.1 min read
Reuters | Dec 1, 2022U.S. Lawmakers Urge Joint Use Of Funds For Broadband, EV Charge StationsA group of 10 U.S. House Democrats asked President Joe Biden's administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021.1 min read
Reuters | Dec 1, 2022Foxconn To Build Autonomous Electric Tractors At Ohio FacilityTaiwan's Foxconn, the world's largest contract electronics maker, said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio, facility starting in early 2023.1 min read
Reuters | Dec 1, 2022S.Korean EV Battery Maker SK On Raises $1.5 Billion In Expansion Push - ReportThe battery unit of energy group SK Innovation Co Ltd has been in talks with a local private equity consortium which includes EastBridge Partners, Korea Investment Partners and Stella Investment1 min read
Reuters | Dec 1, 2022Oil Settles Up As IEA Hikes 2022 Demand Growth ForecastOil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.2 mins read
Reuters | Dec 1, 2022Analysis-Oil Prices Turn More Volatile As Investors Exit The MarketTraders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.3 mins read
Reuters | Dec 1, 2022GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery PlantGeneral Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said.2 mins read
Reuters | Dec 1, 2022German Court Lets Tesla Ads Continue Referring To Autonomous DrivingTesla can continue referring to the capabilities of its driver assistance system and to autonomous driving in its advertising in Germany after a court threw out a complaint against the practice.1 min read
