Cars
Reuters
Oct 29, 2022, 4:44 AM
BYD 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 Min
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 28, 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
Reuters | Oct 28, 2022Chip Shortage Forces Temporary Closure Of Volvo Cars Factory - GPVolvo Cars will temporary close one of its factories due to a chip shortage, the company told newspaper Goteborgs-Posten on Tuesday.1 min read
Reuters | Oct 28, 2022Intel Unit Mobileye Prices IPO Above Range To Raise $861 MillionThe IPO values Mobileye at $16.7 billion, a far cry from the $50 billion valuation that Intel was initially hoping to achieve.2 mins read
Reuters | Oct 28, 2022Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030The EV investment figure, which has not previously been published, dwarfs previous investment estimates by Reuters and is more than twice the most recent calculation published just a year ago.2 mins read
Reuters | Oct 28, 2022Tesla Faces U.S. Criminal Probe Over Self-Driving Claims - ReportThe 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.4 mins read- Reuters | Oct 28, 2022U.S., EU Launch Formal Group To Discuss Conflict Over EV SubsidiesThe 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
