Auto Industry News
Oil Gains Ahead Of OPEC+ Meeting; Russian Oil Price Cap Looms
Oil prices climbed on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's COVID-19 curbs and weak global growth continued to limit gains and a potential cap on the price of Russian exports loomed.
Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.S
Sep 2, 2022 08:03 PM
Taiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.
GM, LG Energy Joint Venture Ohio Battery Plant Begins Production
Sep 2, 2022 08:03 PM
A General Motors and LG Energy Solution $2.3 billion joint venture battery production plant in Ohio has begun production.
Toyota Triples Planned Investment To $3.8 Billion In U.S. Battery Plant
Sep 2, 2022 08:03 PM
Toyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said.
Two-Wheeler Sales August 2022: Honda 2 Wheeler Reports Cumulative Sales Of Over 4.62 lakh
Sep 2, 2022 08:05 PM
Honda Motorcycle and Scooter India reported domestic sales of 4,23,216 units and exports amounting to 39,307 units.
Toyota Invests Further $2.5 Billion In Battery Gigafactory In North Carolina
Sep 2, 2022 06:02 PM
Production of new battery systems expected to start in 2025 from the North American facility.
Ola Says 10,000 S1 E-Scooters Sold In One Day
Sep 2, 2022 05:46 PM
The purchase window for customers making bookings in August opened on September 1.
Lucid Motors To Raise Another $8 Billion In Order To Combat Supply Chain & Inflation
Sep 2, 2022 05:10 PM
Lucid has already been forced to cut back on production forecasts following the successful launch of the Lucid Air
Baidu’s Apollo Go Service Now Has Done 1 Million Autonomous Electric Rides
Sep 2, 2022 04:57 PM
The Apollo Go program hit the 1 million ride mark in July with the company offering fully driverless rides in cities in China since early August.