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Auto · 31 Oct 2022
Invygo Raises $10 Million For Its Car Subscription Service
The startup is based in the Middle East and so far has raised $14.3 million in funding.
Auto · 31 Oct 2022
Oil Falls On China COVID Curbs And Weak Factory Data
Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country’s widening COVID-19 curbs will curtail demand.
Auto · 31 Oct 2022
Hero Lectro Launches H3 And H5 e-Cycles, Prices Start At Rs. 27,499
The new e-cycles get the GEMTECM technology with the H3 priced at Rs. 27,499, while the H5 is priced at Rs. 28,499.
Auto · 31 Oct 2022
OPEC Raises Long-Term Oil Demand View, Calls For Investment
The view from the Organization of the Petroleum Exporting Countries, in its 2022 World Oil Outlook, contrasts with that of other forecasters which see oil demand reaching…
Auto · 31 Oct 2022
Volkswagen To Turn R Performance Into Electric-Only Sub-Brand By 2030: Report
There are reportedly several electric R models at different planning stages but a timeline for the launch of these models is yet to be revealed.
Auto · 31 Oct 2022
GM Startup Cruise Recalls And Revises Self-Driving Software After Crash
General Motors startup Cruise LLC said it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco that left two people…
Auto · 31 Oct 2022
F1: McLaren Beats Red Bull Pitstop Record At Mexican GP
McLaren managed the first sub 2 second pitstop since 2021 when the FIA changed the rules around pitstops due to safety concerns.
Auto · 31 Oct 2022
Intel’s Mobileye IPO Eyes Significantly Lower Valuation – Report
Mobileye, which was originally expected to land a roughly $50 billion valuation, is now set to target one of under $20 billion and sell a smaller number…
Auto · 31 Oct 2022
Musk Looks To Delay Twitter Trial Following Whistleblower Claims
Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend…
Auto · 31 Oct 2022
TomTom Shares Fall As 2023 Uncertainties Outweigh Q3 Beat
The Amsterdam-based group, whose customers range from major car companies to global tech firms, forecast free cash flow at break-even for next year, compared with a previous…