Auto Industry
Reuters
Aug 17, 2022, 2:25 PM
Momenta's investment in SAIC's ridehailing unit comes as startups have been pouring billions of dollars into autonomous technology, aiming to take an early lead in commercializing autonomous driving
1 Min
Sameer Contractor | Aug 17, 2022Chevrolet India Iterates Commitment To After Sales & Service Support Beyond 2024The official support will be available over 2024 and beyond with respect to parts availability and aftersales services, Chevrolet announced as it also plans to retail spare parts for all vehicle makes under the ACDelco brand.2 mins read
Reuters | Aug 17, 2022SAIC Motor's Robotaxi Unit Raises 1 Billion Yuan In Series B FundingA robotaxi unit of China’s state-owned SAIC Motor has raised more than 1 billion yuan ($147.37 million) in a second round of fundraising from its autonomous technology partner Momenta and several other institutions, according to a Momenta statement and a person familiar with the matter.1 min read
Reuters | Aug 17, 2022Oil Reverses Losses, Demand Concerns PersistOil prices edged higher in volatile trading as the market awaited clarity on talks to revive a deal that could allow more Iranian oil exports, and bleak economic data from leading crude buyer China limited gains.2 mins read
Reuters | Aug 17, 2022India Buys Discounted Venezuelan Petcoke To Replace CoalIndian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation boosts exports not specifically targeted by U.S. sanctions.3 mins read
Reuters | Aug 17, 2022India's NSE Ends At Four-Month High, Auto Stocks Drive GainsIndian shares ended higher, boosted by auto stocks, with the NSE Nifty 50 index posting its highest level since April 5 at close.1 min read
Reuters | Aug 17, 2022Judge Orders Twitter To Give Elon Musk Former Executive's DocumentsTwitter Inc needs to give Elon Musk documents from a former Twitter executive who Musk said was a key figure in calculating the amount of fake accounts on the platform, according to a court order.1 min read
Seshan Vijayraghvan | Aug 17, 2022Top 5 Three-Row SUVs You Can Buy From The Used Car MarketPlanning to buy a used three-row SUV? Here are 5 SUVs that we think you should consider.4 mins read
Jaiveer Mehra | Aug 17, 2022Honda Activa Premium Edition Revealed; Launch SoonThe new Activa premium Edition is based on the existing Activa 6G and gets some styling tweaks compared to the standard model2 mins read
