Latest News
EV Startup Lucid To Cut About 18% Of Its Workforce
Mar 31, 2023 07:58 PM
The company plans to communicate with all its employees over the next three days about the plan, CEO Peter Rawlinson said in a letter, adding its U.S. workforce will see reductions in nearly every organization and level, including executives.
Tesla To Deliver Strong Q1 Retail Sales In China: Report
Mar 31, 2023 07:44 PM
The U.S. EV maker's retail sales in China totaled 106,915 units from Jan. 1 to March 19, or 1,371 units per day on average, according to data from China Merchants Bank International, which tracks car insurance registrations.
Vietnam's Be Group In Deal To Become Country's First Ride-Hailing Firm To Use EVs
Mar 31, 2023 07:32 PM
Vietnam is promoting the production and mass use of EVs as part of efforts to achieve carbon emission neutrality by 2050. There are currently about 7,800 electric vehicles on its roads, according to Vinfast.
Tesla's Next Generation Smaller Car To Operate Mostly Autonomously - Musk
Mar 31, 2023 07:32 PM
Musk said there was a clear path to delivering a car that cost half as much to build as Tesla's Model 3 sedan, but offered no further details.
China's Meizu Unveils First Smartphones Since Deal With Geely Founder
Mar 31, 2023 07:26 PM
A company run by Geely Chairman Eric Li took a majority stake in Meizu last year, making the Volvo owner the first established carmaker to enter the premium smartphone sector. He later named the company Xingji Meizu, with the brand as its smartphone arm.
Ford Withdraws Petition Seeking U.S. Approval To Deploy Self-Driving Vehicles
Mar 31, 2023 07:29 PM
The automaker told the National Highway Traffic Safety Administration (NHTSA) it was no longer seeking approval for the petition it filed in July 2021
US Semiconductor Index Hits Highest In Nearly A Year On Hopes For Industry Turn
Mar 31, 2023 07:23 PM
The index climbed 1.6%, adding to a gain of more than 3% on Wednesday, and it is now on track for its biggest two-day percentage gain in nearly two months, hitting its highest level since April 6 after a flurry of updates from several chipmakers including Intel, Micron Technology and Germany's Infineon.
Vestager Optimistic For US-EU Battery Minerals Deal Similar To Japan's
Mar 31, 2023 07:19 PM
Vestager told reporters in Washington that European Union and U.S. negotiators are working on legal frameworks that would be different from the Japan deal.
Over 200 Tata Harrier And Safari SUVs Are Made Every Day By An All-Women Crew
Mar 31, 2023 07:10 PM
Since February 2022, a crew of 1500 women have been working in multiple shifts assembling the two SUVs at the company’s Pimpri plant in Pune, Maharashtra.
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EU Car Sales To Rise 7.9% In 2022 As Chip Supply Stabilises: Report
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CNG Prices Dearer By Rs. 2 Per Kg In Delhi-NCR
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