Uber Driver Count Up at 5 Million, Turns Cash Flow Positive for First Time
Uber reported positive quarterly cash flow for the first time ever on Tuesday and forecast third-quarter operating profit above estimates, as more people rely on its...
Expert Committee Constituted to Tackle EV Safety Issues, Minister Says
The government is vigilant about the safety standards of electric vehicles and has constituted an expert committee to tackle the safety-related issues, Minister of State for...
Maruti Suzuki Could Not Make 51,000 Vehicles Due to Chip Shortage, CFO Says
Maruti Suzuki could not produce 51,000 units in the April-June quarter owing to the ongoing chip shortage situation, according to a senior company official. The country’s...
Cellular service is coming to New York’s subway tunnels, but it’s going to take a while
Cellular service is coming to New York’s subway tunnels. This week, the Metropolitan Transportation Authority announced it was embarking on a 10-year project to wire all...
India’s Passenger Vehicle Makers See Double Digit Growth in July: Details
Improvement in semiconductor shortage issue helped auto makers, including Maruti Suzuki, Hyundai, Tata Motors and Mahindra & Mahindra, report single to high double-digit growth on Monday...
Aeva Strikes Deal to Sell Industrial Sensors to German Firm: Details
Aeva Technologies on Monday said it has reached a deal with a German firm to sell its sensors for industrial uses such as automating manufacturing lines...
Pandemic-related manufacturing shutdowns catch up with Tesla
Tesla produced 258,580 vehicles in the second quarter of 2022, the automaker announced on Saturday. While that’s a 25 percent year-on-year increase from the number of...
GM is ramping up Hummer EV production to address huge order backlog
General Motors has only been producing up to a dozen electric Hummers a day in its Detroit factory, according to The Wall Street Journal, and that’s...
Hyderabad Plans to Set Up 330 EV Charging Centres
As part of the policies of the Centre and the State government to cut down carbon emission and encourage the use of electric vehicles, the Greater...
BMW’s new entry-level EV is the iX1 SUV
BMW is expanding its lineup of electric vehicles once again. The iX1 SUV is an all-electric variant of the X1 crossover — BMW announced a third-gen...