Cars News

Oil prices briefly erased some losses after officials said the U.S. Energy Department will repurchase 3 million barrels of domestic crude oil for the Strategic Petroleum Reserve.

The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.

Tesla launched two EVs in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers.

Oil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.

Taiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.

The carmaker has received over 20,000 bookings for the Tiago EV till date with deliveries commencing in January 2022.

The new LX is available in a single diesel variant and with a five-seat configuration.

Speaking with car&bike Shailesh Chandra, Managing Director Tata Motors Passenger Vehicles said that due to rising production costs, the company will increase the price of the Tiago EV by 3-4 per cent. However, the first 20,000 bookings will get price protection.