Auto Industry

Reuters

Dec 1, 2022, 12:49 AM

Taiwan President Decries 'Rumours' About The Island's Chip Investment Risk

Taiwan, home to the world's largest contract chipmaker TSMC as well as several other chip manufacturers, plays an outsized role in providing chips used in everything from cars and smartphones to fighter jets.

2 Min

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  Reuters | Dec 1, 2022

  Musk Says He Made Some Tesla Decisions Without Board Nod, Defends $56 Billion Pay

  Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes to prove that Musk used his dominance over Tesla's board to obtain an outsized compensation package that did not require him to work at the electric car maker full-time.

  4 mins read
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  Reuters | Dec 1, 2022

  Vingroup, Gotion Start Building $275 Million Battery Plant In Vietnam

  The factory in the central province of Ha Tinh will annually produce 30 million lithium iron phosphate (LFP) battery cells, the company said in a statement.

  1 min read
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  car&bike Team | Dec 1, 2022

  Flour Thrown At Warhol Car In Milan Climate Change Protest

  It was at the third time this month that activists from the group Ultima Generazione (Last Generation) have targeted art exhibitions.

  1 min read
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  Reuters | Dec 1, 2022

  Rupee Flat As Dollar Demand Offsets Boost From Oil Plunge

  The Indian rupee was little changed as the benefit from a plunge in oil prices was countered by continued corporate demand for the dollar.

  1 min read
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  Reuters | Dec 1, 2022

  Leak In Ecuador State Firm's Gas Pipeline Ignites Fire, Five Injured

  Ecuadorean state oil company Petroecuador said five people were injured in a fire caused by a leak in a pipeline that carries gas to a refinery in the South American country's Amazon region.

  1 min read
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  Reuters | Dec 1, 2022

  Indonesia Says Lithium, Anode Plants Are Being Built To Support EV Ambitions

  Investors are currently building a lithium hydroxide plant with 60,000 tonnes capacity in the heart of the nickel industry in Morowali

  1 min read
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  Reuters | Dec 1, 2022

  Faraday Future Product Head Resigns - Report

  The reported move comes a day after Faraday Future appointed Xuefeng Chen as global chief executive officer

  1 min read
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  Seshan Vijayraghvan | Nov 30, 2022

  India Bike Week 2022 To Be Held In Goa On December 2 & 3 As Planned

  Following reports about IBW 2022 facing cancellation for not taking the necessary permissions, the organisers of the motorcycling festival have confirmed that the event will be held as planned. Now all permissions have been taken and it will be held in Vagator, Goa, on December 2 and 3, 2022.

  2 mins read