Cars
Reuters
Oct 26, 2022, 8:32 PM
The Group of Seven countries agreed last month to cap Russian oil sales at an enforced low price by Dec. 5 but faced consternation from main players in the global oil industry who feared the move could paralyse the trade worldwide.
5 Min
Reuters | Oct 26, 2022Amazon.com To Invest Over 1 Billion Euros In European Electric Van, Truck FleetThe 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 2021.1 min read
Reuters | Oct 26, 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
car&bike Team | Oct 26, 2022Spanish Fast Car Charger Startup Zunder Reaches 400 Million Euro ValuationMirova, a fund manager associated to French bank Natixis, poured 100 million euros into Zunder in exchange for a 25% stake, White Summit's managing partner Pablo Pallas told Reuters on Tuesday.1 min read
Reuters | Oct 26, 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
car&bike Team | Oct 26, 2022Tesla Output Forecast Shows Jump In Q4, Growth Through 2023: ReportTesla's production forecast, if achieved, would put the EV maker on track to meet Elon Musk's goal for production in the coming quarter and put the automaker close to the scale of German luxury automaker BMW by end 2023.5 mins read
Reuters | Oct 26, 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 26, 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 26, 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
