Auto Industry News
Australia To Target Vehicle Emissions To Boost Electric Car Supply
Australia's government said it plans to introduce new regulations targeting vehicle carbon emissions to boost the uptake of electric cars, as it looks to catch up with other developed economies.
Musk Approaches Brain Chip Startup Synchron About Deal Amid Neuralink Delays -Sources
Aug 23, 2022 10:25 PM
Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch-up in the race to connect the human brain directly to machines, according to four people familiar with the matter.
EV Maker Nikola Beats Revenue Estimates On Higher Deliveries
Aug 23, 2022 10:18 PM
Nikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.
U.S. Lawmakers Urge Joint Use Of Funds For Broadband, EV Charge Stations
Aug 23, 2022 09:59 PM
A group of 10 U.S. House Democrats asked President Joe Biden's administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021.
Tesla Owner Uses Implanted Chip To Access Car
Aug 23, 2022 09:33 PM
The owner, part of a beta testing group, has a chip embedded into his hand that lets him lock or unlock the vehicle.
Foxconn To Build Autonomous Electric Tractors At Ohio Facility
Aug 23, 2022 09:23 PM
Taiwan's Foxconn, the world's largest contract electronics maker, said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio, facility starting in early 2023.
Oil Settles Up As IEA Hikes 2022 Demand Growth Forecast
Aug 23, 2022 09:15 PM
Oil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.
Top 5 Used Hatchbacks That Come With A Factory-Fitted CNG Kit
Aug 23, 2022 09:06 PM
Looking to buy a frugal compact city car? Well, you can go a used CNG hatchback, and here are 5 used hatchbacks that come with company-fitted CNG kits.
Analysis-Oil Prices Turn More Volatile As Investors Exit The Market
Aug 23, 2022 08:57 PM
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.