Auto Industry
car&bike Team
May 22, 2022, 8:09 PM
Sri Lanka's new prime minister said the crisis-hit nation was down to its last day of petrol, as the country's power minister told citizens not to join the lengthy fuel queues that have galvanised weeks of anti-government protests.
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car&bike Team | May 22, 2022Self-Driving Car Startup Wayve Taps Microsoft For 'Supercomputer Muscle'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 read
car&bike Team | May 22, 2022Volkswagen, Mahindra Explore Partnership For Electric Vehicle ComponentsVolkswagen AG is exploring a partnership to supply electric components to Mahindra and Mahindra.1 min read
car&bike Team | May 22, 2022Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities RetreatOil prices fell 2.5%, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.1 min read
car&bike Team | May 22, 2022Musk Denies He Sexually Harassed Flight Attendant; Tesla Shares SinkElon Musk has denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.1 min read
car&bike Team | May 22, 2022Stellantis Sees India As Profitable Auto Market Amid Challenges In China, RussiaStellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges in countries such as China and Russia.1 min read
car&bike Team | May 22, 2022First Electric Scooter Series On Mission To Push Safer MicromobilityOrganisers of the world's first electric scooter series say they are on a mission to promote and develop micromobility as a safe and integrated element of city life after a race debut in London.1 min read
car&bike Team | May 22, 2022China In Talks With Automakers On EV Subsidy Extension - ReportChina is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.1 min read
Mihir Barve | May 22, 2022Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6In a bid to reduce the rising fuel prices, the central government has cut down the central excise duty on petrol by Rs. 8 and diesel by Rs. 6 per litre.1 min read
