Auto Industry News

Toyota-Panasonic Battery JV To Buy Lithium From ioneer's Nevada Mine
A joint battery venture of Toyota Motor Corp and Panasonic Corp will buy lithium from ioneer Ltd's Rhyolite Ridge mining project and use the metal to build electric vehicle batteries in the United States.

Uber Turns Cash Flow Positive For The First Time, Shares Surge
Aug 2, 2022 10:40 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.

Toyota Unit Falsified Emissions Data From At Least 2003, Probe Finds
Aug 2, 2022 10:29 PM
A major affiliate of Japan's Toyota Motor Corp falsified emissions data on some engines going back to at least 2003, more than a decade earlier than previously indicated, a company-commissioned probe showed recently.

Planning To Buy A Used First-Gen Hyundai i20? Here Are The Pros And Cons
Aug 2, 2022 10:15 PM
Depending on the model year and the condition of the car you can get a pre-owned first-gen Hyundai i20 for just under Rs. 2 lakh, going as high as Rs. 4 lakh. However, before you start looking for one, here are some pros and cons you must consider.

Should You Buy A Used Fiat Punto? Here Are Some Pros And Cons
Aug 2, 2022 07:35 PM
The Fiat Punto is still available in the used car market, and you can find a tonne of options even today. But should you consider buying a used Punto? Well, here are some pros and cons that could help you decide.

China's CATL Reshuffles Management As Billionaire Executive Exits
Aug 2, 2022 06:32 PM
China'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.

Shenzhen Accelerates China's Driverless Car Dreams By David Kirton
Aug 2, 2022 06:28 PM
On 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.

Nikola To Buy Battery Supplier Romeo Power For $144 Million
Aug 2, 2022 06:19 PM
Nikola 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.

Carmaker BYD To Recall More Tang DM Hybrids In China Over Battery Faults - Regulator
Aug 2, 2022 06:12 PM
Chinese 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.

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