Auto Industry News
Self-Driving Car Startup Wayve Taps Microsoft For 'Supercomputer Muscle'
Wayve will use supercomputer infrastructure designed for the firm by its investor Microsoft to process vast amounts of data as it develops machine learning-based models for self-driving cars.
Volkswagen, Mahindra Explore Partnership For Electric Vehicle Components
May 22, 2022 04:58 PM
Volkswagen AG is exploring a partnership to supply electric components to Mahindra and Mahindra.
Oil Falls 2.5% As U.S. Refiners Ramp Up Output, Equities Retreat
May 22, 2022 04:23 PM
Oil prices fell 2.5%, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.
Musk Denies He Sexually Harassed Flight Attendant; Tesla Shares Sink
May 22, 2022 03:15 PM
Elon Musk has denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.
Stellantis Sees India As Profitable Auto Market Amid Challenges In China, Russia
May 22, 2022 03:03 PM
Stellantis chief Carlos Tavares expects India to be a profitable market and a bigger growth opportunity than the carmaker previously expected as it faces challenges in countries such as China and Russia.
First Electric Scooter Series On Mission To Push Safer Micromobility
May 22, 2022 02:53 PM
Organisers of the world's first electric scooter series say they are on a mission to promote and develop micromobility as a safe and integrated element of city life after a race debut in London.
China In Talks With Automakers On EV Subsidy Extension - Report
May 22, 2022 02:05 PM
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.
Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6
May 22, 2022 01:06 AM
In a bid to reduce the rising fuel prices, the central government has cut down the central excise duty on petrol by Rs. 8 and diesel by Rs. 6 per litre.
Analysis - Tesla Brand Threatened By Musk Harassment Claim, Criticism Of Democrats
May 22, 2022 12:15 AM
Elon Musk has made a name for himself and Tesla by breaking the rules, but the billionaire's latest comments on politics and a claim of sexual harassment against him that he said is untrue may hurt the brand in the eyes of some car owners and employees.
Upcoming Launches
