Auto Industry News

Wayve will use supercomputer infrastructure designed for the firm by its investor Microsoft to process vast amounts of data as it develops machine learning-based models for self-driving cars.

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

Hyundai Motor Group plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in different business fields

Battery-powered electric vehicles (BEVs) almost doubled their market share in the European Union during the first quarter.

The vessel's Russian owner Transmorflot was subsequently designated on May 8. The tanker, renamed Lana on March 1 and flying the Iranian flag since May 1, has remained near Greek waters since then. It was previously Russian-flagged.

BMW to use Michigan-based start-up Our Next Energy's Gemini battery that is claimed to offer a range of 965 km or more between charges.

The small EV is part of Hyundai's broader plan to invest 40 billion rupees ($512 million) to launch six electric vehicles in India by 2028

According to Yamaha Motor, the fund will be run for a period of 15 years, and will be used for investing in companies working to address problems concerning the environment.