Auto Industry
Reuters
Jul 28, 2022, 10:38 PM
Musk's main claim against Twitter is that the San Francisco-based company breached their deal because it will not share with him enough information to back up its claim that spam or fake accounts constitute less than 5% of its active users.
4 Min
Reuters | Jul 28, 2022Baidu Unveils Autonomous Vehicle Without Steering WheelChina's search engine giant Baidu Inc on Thursday unveiled its new autonomous vehicle (AV) with a detachable steering wheel, with plans to put it to use for its robotaxi service in China next year.2 mins read
Reuters | Jul 28, 2022Elon Musk Seeks To Block Twitter Request For Expedited TrialMusk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's "unjustifiable request" to rush the merger case to trial in two months should be rejected.1 min read
Reuters | Jul 28, 2022Hyundai Motor Launches First Electric Sedan, Taking On TeslaThe Hyundai electric sedan will have a driving range of about 610 kilometres (380 miles), around 30% more than the Ioniq 5 crossover, Hyundai said.2 mins read
car&bike Team | Jul 28, 2022Oil Edges Up After U.S. Stock Build, Big Inflation FigureGlobal benchmark Brent is down sharply since hitting $139 in March, which was close to the all-time high in 2008, as investors have been selling oil of late on worries that aggressive rate hikes to stem inflation will slow economic growth and hit oil demand.2 mins read
Reuters | Jul 28, 2022S.Korea Willing To Back U.S. Plan To Cap Russian Oil PriceSouth Korea said it was willing to support U-S. led plans to impose a price cap on Russia oil, agreeing with Washington's initiatives to limit revenue to Moscow while mitigating global inflation.1 min read
Reuters | Jul 28, 2022Stocks Flat, Oil Gains As Rate Hikes Loom Following Strong Jobs DataWall Street ended the day flat on Friday as Treasury yields jumped following a stronger-than-expected U.S. jobs report, which suggested the Federal Reserve may push further interest rate hikes to cool the economy and slow inflation.2 mins read
Reuters | Jul 28, 2022GM, Travel Operator Pilot To Develop EV Charging NetworkGeneral Motors will develop a national network of 2,000 electric vehicle charging stalls at travel centers to make it easier to recharge near highways.2 mins read
Reuters | Jul 28, 2022Oil Rises 2% As No Immediate Saudi Output Boost ExpectedOil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.3 mins read
