Auto Industry
Reuters
Aug 29, 2022, 4:54 PM
Uber Technologies Inc reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
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Reuters | Aug 29, 2022China's CATL Reshuffles Management As Billionaire Executive ExitsChina's CATL said its vice chairman and deputy general manager Huang Shilin had resigned and would leave the battery maker to explore business opportunities elsewhere.1 min read
Reuters | Aug 29, 2022Shenzhen Accelerates China's Driverless Car Dreams By David KirtonOn a busy downtown street three delivery bikes suddenly dart over the pedestrian crossing ahead of the car. On the car's dashboard they look like small 3D blue blocks from a 1990s video game.4 mins read
Reuters | Aug 29, 2022Nikola To Buy Battery Supplier Romeo Power For $144 MillionNikola Corp has agreed to buy battery supplier Romeo Power Inc for about $144 million in stock, the electric truck maker said on Monday, in a move that will help jumpstart its efforts to make battery packs.1 min read
Reuters | Aug 29, 2022Carmaker BYD To Recall More Tang DM Hybrids In China Over Battery Faults - RegulatorChinese carmaker BYD Co Ltd is recalling more Tang DM vehicles due to faults with the battery pack trays which pose water inflow risks, the country's market regulator said.1 min read
Jaiveer Mehra | Aug 29, 2022PM Narendra Modi Lays Foundation Stone For Third Maruti Suzuki Plant, Suzuki Motor Battery PlantIndian Prime Minister laid down the foundation stone for Suzuki Motor’s new EV battery plant in Gujarat and Maruti Suzuki's upcoming third plant in Haryana2 mins read
Reuters | Aug 29, 2022India Shares End At Three-Month High Riding On Auto RallyIndian 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 mins read
car&bike Team | Aug 29, 2022Top 5 Maintenance Tips for New Electric Vehicle OwnersWe list out a few tips for maintenance of electric cars2 mins read
car&bike Team | Aug 29, 2022Goodyear Introduces New Assurance Comforted Tyres In IndiaWith the combination of advanced technology and a sophisticated tread pattern, the consumer-focused design of the Assurance ComfortTred has been designed to provide a superior ride quality on Indian road conditions.1 min read
