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The tests of the vehicle, which was developed by BYD and China's Didi Chuxing, will begin this week in Sao Paulo, Brazil's financial capital, with the goal of accelerating the adoption of electric vehicles in 99's fleet.

Brent crude futures contract for September settled at $110.01 a barrel while U.S. West Texas Intermediate (WTI) crude futures settled at $98.62 a barrel.

Musk's lawsuit was filed hours after Chancellor Kathaleen McCormick of the Delaware Court of Chancery ordered a five-day trial beginning Oct. 17 to determine if Musk can walk away from the deal.

In a media call presenting the automaker's results in the first half of the year, Tavares said the industry was in a "very specific sweet spot right now".

Alphabet Inc's Google Maps launched its panoramic Street View service in 10 Indian cities in partnership with Tech Mahindra and Genesys, 11 years after a first attempt ran into regulatory troubles.

Brembo could consider expanding its investment in a newly announced joint venture in China with Gold Phoenix, its executive chairman told Reuters after the Italian brakes maker posted a 13% rise in first-half core earnings.

Twitter Inc does not object to a proposal by Elon Musk to start on Oct. 17 a trial over Musk's bid to walk away from his $44 billion acquisition deal but the social media company wants a commitment to complete the trial in five days, Twitter said in a court filing recently.

Japan's Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans.