Auto · 22 Aug 2022 Koenigsegg CC850 Breaks Cover; CC8S Protege Gets 1:1 Power To Weight Ratio Koenigsegg has unveiled the CC850, which pays tribute to the Swedish manufacturer’s first car, the CC8S.
Auto · 21 Aug 2022 China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan China will extend its exemption of new energy vehicles’ from purchase taxes to the end of 2023
Auto · 21 Aug 2022 Aeva Strikes Deal To Sell Industrial Sensors To Germany Automation Firm Aeva Technologies Inc said it has reached a deal with a German firm to sell its sensors for industrial uses such as automating manufacturing lines with machines and…
Auto · 21 Aug 2022 Twitter Queries Banks On Musk’s Attempts To Undermine $44 Billion Deal Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also…
Auto · 21 Aug 2022 Exclusive: Italy, Intel Close To $5 Billion Deal For Chip Factory – Sources Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor packaging and assembly plant in the country, two sources briefed…
Auto · 21 Aug 2022 Lyft Posts Record Quarter, Sees Operating Profit Of $1 Billion In 2024 Ride-hailing firm Lyft Inc forecast an adjusted operating profit of $1 billion for 2024 after reporting record earnings for the second quarter, betting on strength in the rideshare…
Auto · 21 Aug 2022 Analysis-Why The Banks Financing Musk’s Twitter Deal Are Unlikely To Be Able To Help Him Walk Away The banks that agreed to finance Elon Musk’s $44 billion acquisition of Twitter Inc have a financial incentive to help the world’s richest person walk away but would…
Auto · 21 Aug 2022 Baidu Bags China’s First Fully Driverless Robotaxi Licenses China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first…
Auto · 21 Aug 2022 U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative Push Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.
Auto · 21 Aug 2022 Biden Signs Bill To Boost U.S. Chips, Compete With China President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the…