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Auto · 26 Dec 2021
EV Maker Lucid Gets SEC Subpoena On $24-Billion Blank-Check Deal
Lucid's deal with veteran dealmaker Michael Klein's blank-check firm earlier this year gave the combined company a pro-forma equity value of $24 billion, making it one of the…
Auto · 26 Dec 2021
Oil Prices Rally On Inventory Drawdown, Casting Omicron Caution To The Wind
U.S. inventories fell more than expected, with crude stocks down by 4.7 million barrels, though that is in part due to year-end tax considerations that encourage companies not…
Auto · 26 Dec 2021
Elon Musk: I’m Almost Done With Tesla Stock Sales
On Wednesday, Musk sold another 934,091 shares, bringing the total he has offloaded to 14.77 million - nearly 90% of the 17 million or so shares he had…
Auto · 26 Dec 2021
Kia Seltos, Mahindra Thar, Tata Nexon Were The Most Popular Cars Among Indians In 2021 According To Google Searches
The Kia Seltos, Mahindra Thar and Tata Nexon were the top-three models to receive most searches on google on an average in 2021.
Auto · 26 Dec 2021
Canoo Revs Up U.S. Electric Vehicle Production Plan As Drops Overseas Deal
Canoo said starting production in Oklahoma remains on track for late 2023, but it also now expects to begin building electric vehicles in Arkansas next year, instead of…
Auto · 25 Dec 2021
Chinese Autonomous Driving Startup Raises $157 Million From Hillhouse, Meituan
Haomo will use the funds raised from investors to build its talent pool and enhance its R&D capability, the company said in a statement on Wednesday.
Auto · 25 Dec 2021
India’s Crude Imports Hit 10-Month Peak As Refiners Bank On Strong Demand
Crude oil imports last month rose 7.5% versus October and were also 0.5% higher than a year ago at 18.37 million tonnes, data on the website of the…
Auto · 25 Dec 2021
Top 5 SUVs Most Searched On Google In India In 2021; Kia Seltos, Mahindra Thar & Tata Nexon Lead The Way
The Kia Seltos remained the most-searched SUV on Google in India this year, followed by the Mahindra Thar and the Tata Nexon.
Auto · 25 Dec 2021
Top 10 Most ‘Googled’ Motorcycles In India in 2021, Royal Enfield, Yamaha, KTM Lead The Chart
Bikes from Royal Enfield and Yamaha remained the most-searched offerings on Google in India in 2021, while two KTMs made it to the list and just one motorcycle…
Auto · 25 Dec 2021
Battrixx To Raise Up To Rs. 301 Crore To Fund Production, New Technologies
The company aims to enhance its annual production capacity in phases from the existing 1 lakh battery packs to 7 lakh by end of FY24 to meet the…