Auto Industry News

S.Korea Truckers End Strike; Govt Agrees To Extend Pay Guarantee
The latest round of talks were held at a major industrial transport hub near the capital, where Transport Minister Won Hee-ryong earlier warned the government may step in and force truckers to return to work or face jail.

Google Maps Launches Street View In India After 11-Year Wait
Jul 31, 2022 12:26 AM
The Indian launch comes after Google was denied permission at least twice in the last decade by the government over security concerns.
Twitter Sues Elon Musk To Hold Him To $44 Billion Deal
Jul 31, 2022 12:23 AM
Musk is among Twitter's most-followed accounts and the lawsuit included images of several of his tweets, including a poop emoji, that the company said violated the merger's "non-disparagement" clause.

Bajaj RE Electric Rickshaw Spotted Testing In Mumbai
Jul 31, 2022 12:17 AM
The company had first showcased a concept at 2018 MOVE Summit, promised to deliver about 150 km of travel range from a single charge.

India's Ola And Uber Deny Report Of Merger Talks
Jul 31, 2022 12:08 AM
The two companies have been slugging it out in an intensely competitive Indian market and have spent billions in incentives and discounts to passengers.

Bhubaneswar Adds 10 Electric Buses To Public Transport Fleet
Jul 30, 2022 11:33 PM
The city also inducted 50 e-rickshaws with the service being flagged off by Odisha Chief Minister Naveen Patnaik on July 29.

Samsung SDI Breaks Ground For $1.3 Billion Battery Factory In Malaysia
Jul 30, 2022 10:43 PM
The batteries are expected to be used for various applications ranging from power tools and micro-mobility to electric vehicles (EVs), it said.

India Allows Bharat PetroResources To Invest Extra $1.6 Billion In Brazil Oil Project
Jul 30, 2022 10:22 PM
BPRL, the exploration arm of state-run Bharat Petroleum Corp, holds 40% stake in BM-SEAL-11 project, while the remainder is held by Brazil's national oil company Petrobras.

Big Oil's Q2 Profits Hit Record $50 Billion - With BP Yet To Come
Jul 30, 2022 10:09 PM
The world's largest energy companies, including TotalEnergies, Exxon Mobil and Chevron are ramping up buyback programmes despite criticism that they are not moving swiftly enough to increase oil and gas output as high fuel prices pinch consumers worldwide.

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