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Swedish Self-Driving Truck Start-Up Einride Raises More Cash
Einride had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company's ability to pursue new markets and customers.
Toyota Launches Second Hybrid Vehicle In India Amid Green Car Push
Dec 25, 2022 08:27 PM
Toyota launched its second hybrid car in India, a seven-seat people-carrier, as part of a broader strategy to double-down on the sale of electrified vehicles in emerging markets.
Japan Lawmaker Says TSMC Is Considering Second Plant In Japan
Dec 25, 2022 08:25 PM
A senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.
HC Asks NHAI To Respond To Plea Challenging Collection Of Double Toll Tax From Vehicles Without FASTag
Dec 25, 2022 07:39 PM
The Delhi High Court sought the response of the National Highways Authority of India (NHAI) and the Centre to a plea challenging the rule making it compulsory for vehicles without FASTag to pay double the the toll tax.
Top Electric Two-Wheeler Launches Of 2022
Dec 25, 2022 07:32 PM
2022 has been a prominent year in the EV industry with developing infrastructure & tech, and that has led to many important electric two-wheelers hitting the market. We take a look back at the top electric two-wheelers launched in 2022.
Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYD
Dec 25, 2022 03:10 PM
The sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95%
U.S. Senator Manchin Says Treasury Should Limit Commercial EV Tax Credit Use
Dec 25, 2022 03:09 PM
The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, angering South Korea, the European Union, Japan and others.
Oil Muted As Price Cap Proposal Eases Supply Concerns
Dec 25, 2022 03:08 PM
A bigger-than-expected build in U.S. gasoline inventories and widening COVID-19 controls in China also added downward pressure on crude prices.
Ukraine's Zelenskiy Says Europe Must Avoid Division, Set Low Price For Russia's Oil
Dec 25, 2022 03:08 PM
Ukraine's President Volodymyr Zelenskiy on Friday called on Europeans to remain united against Russia's war and to severely limit the price for Russian oil.
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