Waymo’s lovable and ungovernable driverless taxis aren’t playing by the rules again in San Francisco. Bystanders spotted a robotaxi driving down the wrong side of a city street. The robotaxi company claims its vehicle was avoiding a pack of unicyclists. While we can all agree that hitting a person should be avoided at all costs, … Read more
Vehicles set to be shipped to Europe, at Taicang Port on Dec. 19, 2022, in Suzhou, China. Vcg | Visual China Group | Getty Images The European Union will need to levy higher-than-expected tariffs of up to 55% on Chinese electric vehicles to curb their imports into the bloc, according to a new analysis by … Read more
Elon Musk will be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was undoubtedly equally a surprise to Indian prime minister Narendra Modi, who had been scheduled to offer Musk the red carpet on a long-arranged visit. The billionaire blew off India at the last minute, citing “very … Read more
Industry Minister François-Philippe Champagne says he is working hard to try to rein in high grocery prices, despite there being no windfall tax for grocers in the 2024 budget after prior threats to impose tax measures if prices weren’t brought under control. In an interview on The West Block, Champagne told host Mercedes Stephenson that … Read more
India’s rapidly growing auto market is poised to hit a milestone, with projections indicating it will reach USD 300 billion by 2026. This growth is fueled by various factors, including rising income levels, urbanization, and a burgeoning middle class with increasing purchasing power.In March 2024, the Indian auto industry produced a total of 2,325,959 units, … Read more
Ford Motor on Wednesday evening delivered higher than expected profits in the first quarter, driven by strength in its commercial business. Positive updates to its full-year outlook helped send shares rallying by roughly 2.5% in after-hours trading. Automotive revenue increased 2% year over year, to $38.89 billion, missing analysts’ forecasts of $40.1 billion, according to … Read more
The news spread, first with an item on Fox News and then in outlets all over the world. Jason was so high on enthusiasm for the new company, and pride in his wife’s ambition, that he dashed off a public promise on the DNG Motors Instagram account. “UNVEILED SEPTEMBER 13, 2023,” read an image of … Read more
India’s electric vehicle sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India’s CEO Emeritus Rajeev Chaba said. “Competition is limited at this point of time. Numbers are still constrained because consumers don’t have compelling choices,” Chaba told CNBC’s Sri Jegarajah in Gurugram, India. According to … Read more
America has a charging problem. It’s pretty common to have to drive several miles off your route, only to find that half the chargers don’t work, and the ones that do are charging much slower than they’re rated to. Now that everyone’s switched to Tesla’s North American Charging Standard, that should definitely make things easier, … Read more
Christian Lindner (FDP), Federal Minister of Finance, is on his way to a bilateral meeting with US Treasury Secretary Yellen at the headquarters of the World Bank. Bernd von Jutrczenka | Picture Alliance | Getty Images German carmakers do not have to fear competition from China and are still considered the best in the world, … Read more
