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Cars

Reuters
Dec 1, 2022, 5:03 AM
Nikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.
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Reuters | Dec 1, 2022Oil Settles Up As IEA Hikes 2022 Demand Growth ForecastOil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.2 mins read
Reuters | Dec 1, 2022Analysis-Oil Prices Turn More Volatile As Investors Exit The MarketTraders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.3 mins read
Reuters | Dec 1, 2022German Court Lets Tesla Ads Continue Referring To Autonomous DrivingTesla can continue referring to the capabilities of its driver assistance system and to autonomous driving in its advertising in Germany after a court threw out a complaint against the practice.1 min read
Reuters | Dec 1, 2022Indian Ride-Hailing Firm Ola Plans To Start Producing Electric Cars In 2024Indian ride-hailing firm Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said.1 min read
Reuters | Dec 1, 2022Infineon Quarterly Revenue Beats, Lifts 2022 Outlook On Chip DemandInfineon, the leading supplier of microchips to the auto industry, on Wednesday reported a rise in third-quarter revenue and lifted its full-year outlook as it continues to benefit from a global shortage of semiconductors.1 min read
Reuters | Dec 1, 2022Tesla Cuts Delivery Waiting Time For Model Y In China To A Minimum Of 4 WeeksElectric auto giant Tesla said it has slashed the delivery waiting time for its Model 3 and Model Y cars in China as it ramps up output at its Shanghai plant after upgrading production lines.1 min read
Reuters | Dec 1, 2022Indonesia President Wants Tesla To Make Electric Cars In Country - SourcesIndonesian President Joko Widodo has urged electric vehicle (EV) maker Tesla to manufacture its cars, as well as batteries, in the country, in comments made to Bloomberg News.2 mins read
Reuters | Dec 1, 2022China Extends NEV Purchase Tax Exemption Worth 100 Billion YuanChina will extend its exemption of new energy vehicles' from purchase taxes to the end of 20230 mins read
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