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Oil prices briefly erased some losses after officials said the U.S. Energy Department will repurchase 3 million barrels of domestic crude oil for the Strategic Petroleum Reserve.

The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan.

The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023

The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.

India wants to deploy 50,000 e-buses in tranches over the next four to five years at an estimated cost of one trillion rupees ($12 billion).

To qualify as SUVs for the purpose of GST and cess cars must meet the criteria of having an engine capacity of over 1,500cc, be over 4000 mm and a ground clearance of 170 mm.

The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years

The National Highway Traffic Safety Administration (NHTSA) said it has received notices of incidents in which self-driving Cruise vehicles "may engage in inappropriately hard braking or become immobilized."