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Auto · 30 Jul 2022
Edelweiss General Insurance Introduces Switch ‘Pay as you Drive’ Add-on Motor Insurance suite
Edelweiss General Insurance says its new add-on product allows customers to get an attractive discount on their Own Damage premium by up to 25 per cent. Customers can…
Auto · 30 Jul 2022
Taiwan Says ‘Key Position’ In Semiconductors Won’t Be Shaken As US Passes Chip Act
The U.S. House of Representatives passed the sweeping legislation on Thursday to subsidise the domestic semiconductor industry as it competes with Chinese and other foreign manufacturers.
Auto · 30 Jul 2022
Mahindra Racing To Power ABT Sportsline Formula E Team From 2023
Mahindra Racing will supply powertrain to ABT Sportsline Formula E team in the Gen3 era of the electric racing series.
Auto · 30 Jul 2022
Mahindra Scorpio-N Clocks Over 25,000 Bookings In A Minute, Registers 1 Lakh Bookings On Opening Day
The deliveries of the new Mahindra Scorpio-N will begin September 26, 2022, onwards, as over 20,000 units are planned for delivery by December 2022.
Auto · 30 Jul 2022
Ferrari Unveils 296 GT3 Race Car
Ferrari 488 GT3 successor to compete in races from the 2023 season and marks the return of V6-powered models to Ferrari’s GT racing program.
Auto · 30 Jul 2022
China’s Shenzhen Orders Big Firms Such As Foxconn Into Closed Loop To Curb COVID
While Reuters could not independently verify the document, a notice at a Shenzhen office of oil giant CNOOC Ltd seen by Reuters said that the building would be…
Auto · 30 Jul 2022
Tesla’s Run Of Record Deliveries May Be Reaching The End Of The Road
This would be down from its record deliveries of 310,048 the preceding quarter, marking Tesla’s first quarter-on-quarter decline in deliveries since the first quarter of 2020.
Auto · 30 Jul 2022
Oil Rises As Tight Supply Trumps Recession Fears
Euro zone inflation hit yet another record high in June, strengthening the case for rapid European Central Bank rate increases, while U.S. consumer sentiment hit a record low.
Auto · 30 Jul 2022
Why India Ramped Up Russian Oil Imports, Easing Pressure On Moscow
Indian refiners have done the opposite, snapping up more Russian crude while the government explores ways to protect domestic oil firms from punishment should they fall foul of…
Auto · 30 Jul 2022
Tesla’s High-Profile Autopilot Executive Departs
The departure of Karpathy, who provided no reason for leaving, comes at a critical time as Tesla Chief Executive Elon Musk races to achieve full self-driving capability this…