Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies. The automaker said in a filing it “has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD features.” Reuters reported in October Tesla is under […]
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The rapid take-up of electric vehicles in India’s fledgling market has prompted a major rethink about the country’s long-term fuel needs as refiners in Asia’s third-largest economy hasten their shift away from oil production. India, one of the world’s fastest growing oil markets, has lagged major economic peers in Europe and Asia in the adoption […]
The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their alliance and Elon Musk’s declaration that Tesla Inc will be the world’s No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry’s center is no […]
5G core networks powering digitalization are helping industries cut costs, bring in new sources of revenue, and expand their business offerings. The utility sector is one such vertical, evolving from a labor-intensive organization that provides electricity, water, or gas, to one that uses Artificial Intelligence (AI) and drones to inspect equipment and offers additional services […]
No one will refuse the opportunity to see what cities will look like in the future. You’ve probably wished you had a time machine that could take you further in time to see what the future of cities will bring and where your city is heading. In the absence of the time machine, I can […]
Chinese automaker Seres Group has cut starting prices for its Aito electric cars by 30,000 yuan ($4,460) from Friday, following price cuts by Tesla last week and fuelling expectations of a wider price war. The Aito M5 and M7 electric sports-utility vehicles, which were co-developed by the Chongqing automaker with China’s tech giant Huawei Technologies […]
Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), the chief financial officer of its auto unit told Reuters in an interview. With total sales of 50,000 electric cars to date, India’s Tata Motors dominates the country’s EV market and has outlined plans to launch […]
Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on record. The stock gained 3.3 percent on the day. It is set to round off 2022 with a 68 percent drop – the most among […]
The National Highway Traffic Safety Administration (NHTSA) said on Thursday it has opened two new special investigations into crashes involving Tesla vehicles where advanced driver assistance systems are suspected to have been in use. The new crashes under investigation include an eight-vehicle crash on Nov. 24 on the Bay Bridge in San Francisco in which […]
Investors pulled more money from funds marketed as “sustainable” than they added for the first time in more than a decade in 2022, hit by fallout from the Ukraine war, tumbling financial markets and a political backlash against the industry. The funds, which reflect a range of environmental, social and governance (ESG) issues, are also […]