Auto Industry
Reuters
Oct 27, 2022, 5:41 PM
Under the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.
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Reuters | Oct 27, 2022Ukraine To Impose Electricity Supply RestrictionsUkraine has started restricting electricity supplies across the country after Russia knocked out more power plants.0 mins read
Reuters | Oct 27, 2022Slovakia's InoBat Eyes Electric Car Battery Plant In SpainThe declaration is not a finalised agreement and other locations, including the United Kingdom, remain under consideration for its Western European gigafactory, the company added in a statement, explaining that it plans to make a decision on the location before the end of the year.1 min read
Reuters | Oct 27, 2022BMW Invests $1.7 Billion To Build Electric Vehicles In U.SBMW said it was making a new $1 billion investment in its Spartanburg, South Carolina plant to prepare for EV production and will spend $700 million on a new high-voltage battery assembly facility in nearby Woodruff, South Carolina, and create at least 300 jobs.2 mins read
Jaiveer Mehra | Oct 27, 2022TVS To Launch New "Racer’s Choice" Motorcycle on September 8New model likely to be a new variant of the company’s Apache range.1 min read
Reuters | Oct 27, 2022Hyundai Breaks Ground On $5.5 Billion U.S. EV, Battery PlantHyundai broke ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States, as South Korea's biggest automaker grapples with an uncertain outlook for its EV sales in its top market.2 mins read
Reuters | Oct 27, 2022Honda To Cut Car Output At Two Japanese Plants In OctoberTwo lines at Honda's Suzuka plant in western Japan will cut production by about 20% in October, while its assembly plant in Saitama prefecture, north of Tokyo, will lower production plans by about 40% for the month.1 min read
Reuters | Oct 27, 2022Explainer-What Is An 'Everything App' And Why Does Elon Musk Want To Make One?The concept of an everything app, often referred to as a "super app," is massively popular in Asia and tech companies across the world have tried to replicate it.2 mins read
Reuters | Oct 27, 2022Twitter Slips As Investors Await Funding Details On Musk's $44 Billion DealShares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with the April bid of $54.20 per share to take Twitter private.2 mins read
