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Auto Industry
car&bike Team
Mar 1, 2022, 12:51 AM
No information was immediately available about who was behind the possible attack or the motive. The attack comes just after Japan joined Western allies in clamping down on Russia after it invaded Ukraine, although it was not clear if the attack was at all related.
1 Min
Reuters | Mar 1, 2022Didi Bars Employees From Selling Shares Indefinitely: ReportThe 180-day lock-up period post the company's initial public offering during which current and former staff were not permitted to sell shares was supposed to end on Dec. 27, but the prohibition has been extended without a new end date.1 min read
Reuters | Mar 1, 2022Volkswagen Says Patent Suit By Taiwan's Acer Is UnfoundedVolkswagen said allegations made against it by Acer were unfounded, after a magazine reported that the Taiwanese computer maker had sued the German carmaker for infringing on its mobile network patents.1 min read
car&bike Team | Mar 1, 2022Volkswagen And Bosch Team Up On Automated Driving SoftwareBosch and Daimler announced plans in 2017 to build a joint 'robo-taxi' automated driving fleet - but the partnership was cancelled in 2021, months after Daimler's CEO highlighted the high costs and risks involved.1 min read
car&bike Team | Mar 1, 2022U.S. Commerce Dept Says Chips Shortage To Persist, Will Review Some PricesHouse Democrats are expected as early as later Tuesday to introduce legislation aimed at increasing U.S. competitiveness with China and spending $52 billion on semiconductor production and research, sources told Reuters, after the Senate approved funding in June.1 min read
car&bike Team | Mar 1, 2022Bentley To Produce First Fully Electric Car In 2025The carmaker said it would reconfigure its UK plant in Crewe to build the new vehicle. It did not provide further details on what form its first fully-electric vehicle will take.1 min read
car&bike Team | Mar 1, 2022Delhi Government Proposes Making 25 Per Cent Of New Cab Registrations ElectricThe move could also reduce demand for fossil fuels in and around the region, among the biggest consumers of gasoline, natural gas and diesel.1 min read
car&bike Team | Mar 1, 2022Toyota Says Its Tianjin Joint Venture Resumed ProductionThe plant was shut due to the impact on suppliers of mandatory COVID-19 testing of city residents.1 min read
car&bike Team | Mar 1, 2022Hyundai Motor Expects Vehicle Production To Rebound In H1 As Chip Supply ImprovesHyundai said it expects a 20% sales jump in its biggest market, North America, in 2022.1 min read
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