Auto Industry
Reuters
Nov 23, 2022, 10:23 PM
In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings - an achievement that requires loading vehicles with active and passive safety features that go well beyond legal requirements.
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Reuters | Nov 23, 2022Tesla Safety At Centre Of South Korean Trial Over Fiery, Fatal CrashThe driver claimed that the Model X sped out of control on its own and that the brakes failed in the December 2020 accident.7 mins read
Jaiveer Mehra | Nov 23, 2022Mahindra XUV400 EV Likely To Be Offered In Three VariantsMahindra will launch its all-electric SUV in India in January 2023 with deliveries to commence later in the same month.2 mins read
Reuters | Nov 23, 2022G7 Coalition Has Agreed To Set Fixed Price For Russian Oil: ReportU.S. officials and G7 countries have been in intense negotiations in recent weeks over the unprecedented plan to put a price cap on sea-borne oil shipments, which is scheduled to take effect on Dec. 5 - to ensure EU and U.S. sanctions aimed at limiting Moscow's ability to fund its invasion of Ukraine do not throttle the global oil market.3 mins read
Reuters | Nov 23, 2022Toyota Cuts Output Target Amid Chip Crunch As Profit Tumbles 25%Toyota posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles surging material costs and a persistent semiconductor shortage4 mins read
Reuters | Nov 23, 2022Uber Shares Surge On Solid Profit Forecast As Rideshare Recovery Defies InflationWith cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs.2 mins read
Reuters | Nov 23, 2022Tesla Crash Trial In California Hinges On Question Of 'Man Vs Machine'The U.S. Department of Justice is investigating whether Tesla itself should face criminal charges over its self-driving claims, Reuters reported.3 mins read
Jaiveer Mehra | Nov 23, 2022Tata Tiago EV Bookings Cross 20,000 In One MonthTata revealed the updated booking numbers at the time of launching the updated Tigor EV.1 min read
Reuters | Nov 23, 2022Verkor Raises 250 Million Euros To Fund EV Battery MegafactoryVerkor, which is based in Grenoble, said investors in the funding round included French bank Societe Generale, German industrial company Siemens and the European Investment Bank, which put in 49 million euros.2 mins read
