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Cars
Reuters
Sep 30, 2022, 6:24 PM
Founded and led by Israeli engineer Mark Ishakov and headquartered in Gibraltar, Etioca will not sell its taxis but has a business model based on fees paid by drivers to use them and on other services including media advertising and blockchain.
1 Min
Jaiveer Mehra | Sep 30, 2022Citroen Oli EV Concept Previews Firm’s Commitment To Sustainable Electric MobilityThe quirky all-electric Citroen Oli concept extensively uses recycled materials to save on weight and maintain the brand’s commitment to affordability and sustainability.3 mins read
Reuters | Sep 30, 2022Japan To Give Micron Tech Up To $320 Million To Boost Hiroshima Chip OutputThe financial aid announcement, which follows the visit to Japan by U.S. Vice President Kamala Harris, is the latest example of growing cooperation between Washington and Tokyo in chip manufacturing amid increasing tension and an intensifying technology rivalry with China.2 mins read
Pratik Rakshit | Sep 30, 2022Mahindra Roxor In Legal Trouble Again; Stellantis Looks To Permanently Ban Its Sale In The USThe 6th U.S. Circuit Court of Appeals said that a Detroit federal court applied the wrong standard when it found that Mahindra's post-2020 Roxors were unlikely to cause consumer confusion.2 mins read
Reuters | Sep 30, 2022China EV Maker Leapmotor Set To Raise $800 Million In Hong Kong IPOChinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), said two sources with direct knowledge of the matter.2 mins read- Reuters | Sep 30, 2022Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.STaiwan 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.2 mins read
Reuters | Sep 30, 2022Toyota Triples Planned Investment To $3.8 Billion In U.S. Battery PlantToyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said.1 min read
Reuters | Sep 30, 2022Fisker To Sell Electric SUV In India With View To Local ProductionSales of electric cars in India will gather pace by 2025-26, Henrik Fisker said in an interview in New Delhi, adding that the company wants to secure a first-mover advantage.3 mins read
Reuters | Sep 30, 2022Chipmaker Qualcomm Says Automotive Future Business Expands To $30 BillionQualcomm said the automotive market size it is targeting could grow to as large as $100 billion by 2030.2 mins read
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