Auto Industry News
Long Fuel Queues Persist In Sri Lanka Despite Scramble To Deliver Supplies
Long queues snaked around gas stations in Sri Lanka's commercial capital and its outskirts on Monday even though the island nation's government was scrambling to deliver fuel supplies and douse any unrest as it battles a devastating economic crisis.
Mahindra Releases Q4 FY2022 Results: Reports 28% Growth In Revenues
May 28, 2022 08:32 PM
During Q4 FY2022, Mahindra sold a total of 2,24,262 units, with 8,06,551 units sold over the duration of FY2022.
Tesla Shanghai Plant Plans To Make Less Than 200 Cars On Tuesday - Report
May 28, 2022 07:51 PM
Tesla Inc will run part of its production lines at the Shanghai plant to produce less than 200 vehicles on Tuesday.
G7 Can Spearhead Climate Fight By Agreeing To Phase Out Coal, Germany Says
May 28, 2022 06:54 PM
The Group of Seven countries can spearhead the fight against climate change and accelerate a pivot away from fossil fuels by agreeing to phase out coal power generation, Germany's economy minister Robert Habeck said.
Former CEO Of Transdev North America, Mark Joseph Joins Biliti Electric's Board
May 28, 2022 06:36 PM
Mark Joseph comes with over 30 years of leadership experience with both public and private transportation organizations across the U.S., Canada, UK, Ireland, and South America.
Startups Apply Artificial Intelligence To Supply Chain Disruptions
May 28, 2022 05:47 PM
Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries.
South Korean EV Battery Makers In $13 Billion Spree To Win U.S. Market
May 28, 2022 04:47 PM
South Korean battery makers have stepped up their U.S. investment ambitions and cumulative spending announcements since 2018 now total some $13 billion.
Car Tech Firm ECARX To Go Public In $3.8 Billion Blank-Check Deal
May 28, 2022 04:29 PM
ECARX Holdings said it would go public through a merger with a blank-check firm in a deal that values it at $3.82 billion.
Volkswagen CEO Sees Production Rebound
May 28, 2022 03:51 PM
Volkswagen CEO Herbert Diess said he sees "clear improvement" in semiconductor supplies and expects the automaker's global production can recover during the rest of this year.
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