Auto Industry
Reuters
Sep 30, 2022, 5:27 AM
Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build EVs.
3 Min
Reuters | Sep 30, 2022Tesla Recalls Nearly 1.1 Million U.S. Vehicles To Update Window Reversing SoftwareTesla is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.1 min read
Reuters | Sep 30, 2022California Regulator Sees 2035 EV Mandate As 'Sweet Spot'California's choice of 2035 as the deadline to end gasoline-only new car sales was the "sweet spot", the head of the state's clean air regulator said.2 mins read
Reuters | Sep 30, 2022Sports Car Maker Lotus's Tech Arm Valued At $4.5 Billion In FundraisingLotus Technology had completed a fundraising that valued the business at nearly $4.5 billion.1 min read
Reuters | Sep 30, 2022Automakers Tackle Patent Hurdle In Quest For In-Car TechOver a dozen automakers have signed up with a platform for patent licences from 51 tech companies, aiming to simplify access to wireless technology and avoid costly legal battles.2 mins read
Reuters | Sep 30, 2022India Road Ministry Issues Draft Rules For Mandatory Rear Seat Belt AlarmsIndia's road transport ministry has issued draft rules to make it mandatory for car makers to install alarm system for rear seat belts.1 min read
Reuters | Sep 30, 2022Chipmaker Nvidia Launches New System For Autonomous DrivingNvidia unveiled its new computing platform called DRIVE Thor that would centralize autonomous and assisted driving as well as other digital functions including in-car entertainment.1 min read
Reuters | Sep 30, 2022Oil Plunges To Eight-Month Low On Strong Dollar, Recession FearsOil prices plunged about 5% to an eight-month low as the U.S. dollar hit its strongest level in more than two decades.2 mins read
Reuters | Sep 30, 2022Indian Oil Plans Panipat Refinery Maintenance, To Revamp Naphtha Cracker - ReportIndian Oil Corp plans a shutdown of a naphtha hydrocracker for about 80 days and half of its crude processing for about a month.1 min read
