Cars
Reuters
Oct 29, 2022, 10:15 AM
The company did not say what percentage of its European last-mile delivery fleet is electric today, but said those 3,000 zero-emission vans delivered over 100 million packages in 2021.
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Reuters | Oct 29, 2022Chinese EV Battery Maker CATL Expects Q3 Profit To Nearly TripleThe company is the world's biggest battery maker and accounts for more than a third of global EV battery sales.1 min read
Reuters | Oct 29, 2022Musk Says Excited By Twitter Deal Despite OverpayingMusk, the chief executive of Tesla, was answering a question during a call after the electric vehicle maker's quarterly report. The world's richest person is pursuing the Twitter purchase after earlier trying to back out of the $44 billion deal.1 min read
Reuters | Oct 29, 2022India's Euler Motors Raises $60 Million In GIC Singapore-Led Funding RoundEuler Motors did not disclose the valuation at which it raised the money in the Series C round, although it said its other investors included Blume Ventures, Athera Venture Partners, QRG Holdings, ADB Ventures and Moglix.1 min read
Reuters | Oct 29, 2022Boosting EU Chip Supplies, STMicroelectronics Plans New Plant In ItalyAs demand soars for chips used in everything from smartphones to cars, supply chain bottlenecks going on for almost two years have created havoc in several global industries, including automotive, healthcare and telecoms.2 mins read
Reuters | Oct 29, 2022Buffet-Backed BYD Taps India As Latest Market Amid Global PushBYD launched the Atto 3 electric SUV, fitted with its renowned Blade battery technology, with a plan to corner 40% of the country's electric car market by 2030.2 mins read
Reuters | Oct 29, 2022Toyota Launches Pilot Project For Flex Fuel Vehicle In IndiaThe sedan, imported from Toyota Brazil, is powered by flex fuel technology, which allows the engine to run on fuel blended with a higher percentage of ethanol, reducing the consumption of gasoline, along with a hybrid powertrain.1 min read
Reuters | Oct 29, 2022Musk, Twitter Could Reach Deal To End Court Battle, Close Buyout Soon: ReportMusk, who is also chief executive officer of electric car maker Tesla Inc, proposed to Twitter late on Monday he would change course and abide by his April agreement to buy the company for $54.20 per share, if Twitter dropped its litigation against him.4 mins read
Reuters | Oct 29, 2022U.S. Autonomous Vehicle Group Picks Ex-Senate Aide As DirectorThe Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director.2 mins read
