Cars

Reuters

Oct 29, 2022, 4:35 AM

Tesla Faces U.S. Criminal Probe Over Self-Driving Claims - Report

The U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Tesla's driver assistance system Autopilot, which was activated during the accidents, the people said.

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  Reuters | Oct 29, 2022

  U.S., EU Launch Formal Group To Discuss Conflict Over EV Subsidies

  The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the electric vehicle (EV) market.

  1 min read
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  Reuters | Oct 29, 2022

  Volkswagen No Longer Investing In Self-Driving Startup Argo AI

  The first outcomes from the partnership between Volkswagen's software unit Cariad and Bosch, announced in January this year, are planned for 2023, the statement said.

  1 min read
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  Sameer Contractor | Oct 29, 2022

  BMW X6 50 Jahre M Edition Launched In India, Priced at Rs. 1.11 Crore

  The new BMW X6 Jahre M Edition is the ninth model in the Jahre series to be launched in the country and arrives in two unique shades - Black Sapphire and M Carbon Black.

  2 mins read
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  car&bike Team | Oct 28, 2022

  Upcoming Car Launches In India In 2022

  The auto industry saw a lot of action this year as far as new launches are concerned and there is more to go before the year ends.

  4 mins read
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  Seshan Vijayraghvan | Oct 28, 2022

  Nissan Considers Taking 15% Stake In Renault’s Planned EV Unit: Report

  Nissan Motor Co. and Renault SA are currently in talks about the future of their alliance. These negotiations include Nissan’s potential investment in the latter’s planned electric vehicle business.

  1 min read
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  Reuters | Oct 28, 2022

  Analysis-Ford, VW Pop The Automated-Vehicle Bubble With Argo AI Exit

  As Ford, General Motors Co and other companies began to realize they would need to step up investment over a longer period of time, "it was never clear what the financial returns were going to be" on automated vehicles, Evangelos Simoudis, an investor, author and corporate adviser

  3 mins read
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  Seshan Vijayraghvan | Oct 28, 2022

  Indian Hotel Company Installs 224 EV Chargers Across Its 90+ Properties In India

  IHCL, which currently has 92 hotels and resorts across India, says the initiative is part of ‘Paathya’ the company’s ESG+ framework to drive its sustainability and social impact measures.

  2 mins read
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  Reuters | Oct 28, 2022

  Oil Prices Ease On Chinese Demand Data, Stronger Dollar

  Brent crude futures for December delivery settled at $93.26 a barrel, down 24 cents, 0.3%, after rising 2% last week. U.S. West Texas Intermediate crude lost $84.58 a barrel, losing 47 cents, 0.6%. Both benchmarks had fallen by $2 a barrel earlier in the session.

  2 mins read