Auto Industry
Reuters
Jul 1, 2022, 5:51 AM
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.
1 Min
Reuters | Jul 1, 2022Pakistan Hikes Fuel Prices To Unlock IMF FundingThe 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.2 mins read
Reuters | Jul 1, 2022Hyundai Motor Group To Invest $50 Billion In S.Korea Through 2025Hyundai Motor Group plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in different business fields0 mins read
Reuters | Jul 1, 2022Battery-Powered Electric Vehicles Nearly Double EU Market Share In Q1 - ReportBattery-powered electric vehicles (BEVs) almost doubled their market share in the European Union during the first quarter.1 min read
Reuters | Jul 1, 2022U.S. Seizes Iranian Oil Cargo Near Greek Island - SourcesThe 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.3 mins read
car&bike Team | Jun 27, 2022BMW To Test ONE's Advanced Battery In Its iX Electric SUVBMW 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.2 mins read
car&bike Team | Jun 26, 2022Hyundai Working On Small, Affordable Electric Car For IndiaThe small EV is part of Hyundai's broader plan to invest 40 billion rupees ($512 million) to launch six electric vehicles in India by 20282 mins read
car&bike Team | Jun 23, 2022Yamaha Motor Establishes $100 Million Sustainability Investment FundAccording 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.1 min read
car&bike Team | Jun 22, 2022Hyundai Says 1.35 Lakh Vehicle Orders Pending Due To Semiconductor ShortageCarmaker said that its sales were not a direct reflection of the demand for its cars with production constrained by semiconductor shortages.1 min read
