Latest News
JK Tyre Reports 23% Fall In Quarterly Profit On Higher Costs
JK Tyre and Industries Ltd posted a 23% fall in its second-quarter profit on Tuesday, hurt by higher input costs.
Festive Demand Drives Up Indian State Refiners Gasoil Sales In October
Nov 26, 2022 10:26 PM
Indian state fuel retailers' diesel sale in October surged from the previous month, indicating a pick up in industrial activity during the peak festive season.
TVS Motor Misses Q2 Profit Estimates On Weak Exports
Nov 26, 2022 10:26 PM
TVS reported a lower-than-expected rise in second-quarter profit, hurt by higher expenses and an economic slowdown in a few of its key markets.
Tesla's California EV Market Share Slips As Rivals Step Up
Nov 26, 2022 10:26 PM
Tesla's dominant market share of the electric vehicle market in California slipped again this year.
Hivemapper Starts Issuing Crypto Tokens For Vehicle Dashcam Footage
Nov 26, 2022 10:26 PM
Drivers around the world can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of street-level imagery away from Alphabet Inc's Google.
Nissan Says Talks With Renault Focused On Better Competing In Electric Cars
Nov 26, 2022 10:26 PM
Nissan's CEO said the company's talks with Renault are focused on optimising their investment in electric vehicles and strengthening their competitiveness as equal partners.
India's Hero MotoCorp Misses Q2 Profit Estimates, Sales Dip
Nov 26, 2022 10:26 PM
Profit after tax fell 10 per cent to 7.16 billion Indian rupees ($86.37 million) for the three months ended Sept. 30, from Rs. 7.94 billion a year earlier, an exchange filing showed.
Canoo To Build Battery Manufacturing Facility In Oklahoma
Nov 26, 2022 10:26 PM
The company's Pryor facility will make proprietary battery modules, energy management system and thermal control technology, CEO and Chairman Tony Aquila said.
Europe Leans On Asia For 'Homegrown' EV Batteries
Nov 26, 2022 10:26 PM
With the notable exception of Sweden's Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller plants, with the aim of attracting more investment further down the line.
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