Cars News

Tesla says the cars still need to be driven with human oversight.

The Group of Seven countries agreed last month to cap Russian oil sales at an enforced low price by Dec. 5 but faced consternation from main players in the global oil industry who feared the move could paralyse the trade worldwide.

Higher-than-expected jobs additions in September and an unexpected dip in the unemployment rate cemented bets of another 75 basis points Fed rate hike next month, pressuring the rupee.

PepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and reserved 100 of the trucks in 2017.

Oil prices fell amid comments from U.S. Federal Reserve officials about rising interest rates and their effect on the economy.

Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.

Under the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.

The declaration is not a finalised agreement and other locations, including the United Kingdom, remain under consideration for its Western European gigafactory, the company added in a statement, explaining that it plans to make a decision on the location before the end of the year.