Auto Industry

Reuters

Jul 17, 2022, 4:30 PM

UK Fast-Charging Battery Startup Nyobolt Raises $59 Million

Nyobolt has raised 50 million pounds ($59 million) in Series B funding to build a UK manufacturing plant in 2023 to produce millions of battery cells.

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  Reuters | Jul 17, 2022

  Taiwan Weighs Foxconn Fine For China Chip Investment - Report

  Taiwan's government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval.

  2 mins read
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  Reuters | Jul 16, 2022

  Musk Says Tesla Could Lower Car Prices If Inflation Slows

  Tesla CEO Elon Musk said the electric automaker could lower prices for cars if inflation calms down.

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  Reuters | Jul 16, 2022

  Munich Court Orders Tesla To Reimburse Customer For Autopilot Problems

  A Munich court has ordered Tesla to reimburse a customer most of the 112,000 euros she paid for a Model X SUV because of problems with the Autopilot function.

  1 min read
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  Reuters | Jul 16, 2022

  Oil Rises 2% As No Immediate Saudi Output Boost Expected

  Oil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.

  3 mins read
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  Reuters | Jul 16, 2022

  Elon Musk Seeks To Block Twitter Request For Expedited Trial

  Elon Musk filed a motion opposing Twitter's request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.

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  car&bike Team | Jul 16, 2022

  Vitesco Inaugurates New Manufacturing Plant In Talegaon

  New manufacturing plant to manufacture components for two-wheelers initially.

  2 mins read
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  Seshan Vijayraghvan | Jul 16, 2022

  Planning To Buy A Used Maruti Suzuki Swift? Here Are Things You Should Consider First

  The Maruti Suzuki Swift is unarguably one of the most popular cars in India, and it's equally popular in the used car space as well. So, if you too are planning to get a used Maruti Suzuki Swift, then here are some pros and cons you must consider first.

  2 mins read
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  Seshan Vijayraghvan | Jul 16, 2022

  Buying Used Cars From A Dealer Vs An Individual Seller - Which Is Better?

  Planning to buy a used car? Well you can either get one from an organised dealer, or buy it from an individual owner. Both options have their own Pros and Cons, and we going to tell you about them.

  3 mins read