Hyundai to exit Russia
It is a well known fact that the Russia-Ukraine war had wide-ranging impacts on the economy of the...
Automobiles
Automobiles
Waymo layoffs more than 100 jobs in second round
In its second round of layoffs in the year, Waymo, the self-driving tech division of Alphabet Inc. (GOOGL.O),...
Ford reduces stake of Rivian to 1% The company has chosen to cut 1.15 percent in EV maker Rivian Automotive.
Automobile company, Ford Motor has decided to cut its stake after the company failed to gather profit. The...
Automakers are preferring to manufacture EVs in southern states
Many automakers are looking south for investments in manufacturing EVs. Recently Volkswagen opened a battery engineering lab, investing...
Self-Driving Car Start-up to be Introduced in India Minus Zero raised $1.7 million seed round led by Chiratae Ventures this week
 Minus Zero is an Indian based start-up that is looking make self-driving cars into the mainstream in...
Maruti Suzuki Set to Acquire 12.09% Share of Sociograph Solutions SSPL is an artificial intelligence (AI) software company that specializes in visual AI platform
The spokes people of Maruti Suzuki announced on May the 23rd that the company is set to acquire...
Carvana lays off 2500 employees and buys car auction company on the same day Carvana reportedly laid off the employees on a video call.
On Tuesday, May 10, online used car retailer Carvana laid off about 2,500 of its workers. It fired...
Top 10 services that you can buy with cryptocurrency
It has been a really long time since the cryptocurrency industry was first introduced and honestly, the industry...
Lucid says Saudi Arabia will purchase up to 100,000 vehicles over 10 years The electric carmaker revealed the signing of an agreement with the government.
On Tuesday, electric carmaker Lucid Group Inc stated that it had signed a specific agreement with Saudi Arabia...
Man who returned his $116,000 Tesla Model X in 2020 is still paying for it 2 years later
According to CNBC on Saturday, a guy who returned a Tesla Model X in 2020 under the carmaker’s...