Auto Industry News

Crown Prince Mohammed bin Salman and his energy minister said Saudi Arabia would tackle climate change, but also stressed the continued importance of hydrocarbons and said it would continue to ensure oil market stability. He also said it would double the emissions cuts it plans to achieve by 2030.

India's private oil refiners are willing to work with state-run peers to bargain collectively for better oil import deals, oil minister Hardeep Singh Puri said on Friday, as the nation looks to cut its import bill.

Gadkari had earlier launched the pilot project of India's first hydrogen-based advanced "Fuel Cell Electric Vehicle (FCEV)" - the Toyota Mirai.

Baidu Inc and self-driving startup Pony.ai will introduce paid driverless robotaxi services in China's capital Beijing, deploying not more than 100 vehicles in an area.

Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.

Hertz has ordered 100,000 Tesla electric cars for its rental car business. The company has made investments to build the largest electric vehicle rental fleet in North America.

China's tech watchdog wants the management of Didi Global to take the company off the U.S. bourse on worries about leakage of sensitive data, the report said, citing people familiar with the matter.

Brembo could look at buying tech startups to boost the software content of its premium brakes, Chief Executive Daniele Schillaci said, as the Italian company unveiled its latest braking system.