Auto Industry
Reuters
Dec 1, 2022, 1:32 AM
Indian shares kicked off August on a positive note, with benchmark indexes hitting a three-month high led by a rally in automobile stocks on the back of robust monthly sales data.
2 Min
Reuters | Dec 1, 2022Factbox-Automakers Accelerate Drive To Secure Battery Raw MaterialsRising demand for EV around the world is encouraging automakers such as Tesla, Volkswagen and Stellantis NV to step up efforts to secure raw materials needed for making batteries.4 mins read
Reuters | Dec 1, 2022China's CATL To Develop New Battery Materials To Improve Energy Density - ReportCATL is working on new battery materials that can improve energy density by 10% to 20% compared to iron phosphate batteries.1 min read
Reuters | Dec 1, 2022Tata Motors Falls As Core Earnings Fail To ImpressTata Motors posted a narrowed net loss for the July-September quarter and said its earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 53% year-over-year.1 min read
Reuters | Dec 1, 2022Mercedes F1 Team Evaluating FTX Sponsorship, Branding Stays For NowFTX, one of the world's largest crypto exchanges, has been buffeted by a rush of customer withdrawals and is scrambling to raise about $9.4 billion from investors1 min read
Reuters | Dec 1, 2022Cummins, Tata Motors Team Up For Hydrogen-Powered EnginesSeveral automakers, including Tata Motors, are aggressively shifting towards greener forms of energy for their vehicles1 min read
Reuters | Dec 1, 2022Paris Considers Electric Scooter Ban Over Safety ConcernsThe Paris town council is considering not renewing the licences of the three operators - Lime, Dott and Tier - which expire in February 2023.2 mins read
Reuters | Dec 1, 2022Taiwan President Decries 'Rumours' About The Island's Chip Investment RiskTaiwan, 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 mins read
Reuters | Dec 1, 2022Musk Says He Made Some Tesla Decisions Without Board Nod, Defends $56 Billion PayTesla 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
