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Ola Mobility CFO resigns amid company restructuring

Kartik Gupta, Ola mobility New Delhi: About two weeks after the resignation of Ola Mobility CEO, the...

Electioneering at its peak but diesel sales slide, petrol almost flat

Diesel sales dropped 1.1% to 3.28 million tonnes during May 1 to 15. The demand for the nation's mos...

Rupee to focus on recovery in dollar index, flows

The dollar index and U.S. yields were higher, in a reversal from the moves after the U.S. inflation ...

Trade barriers on Chinese EVs a 'big trap', says Stellantis CEO

The European Union in September 2023 opened an investigation into Chinese subsidies for electric veh...

Applied Materials' third-quarter forecast disappoints investors, shares fall

End markets are mixed with weak industrial and auto markets, but strong image sensors, power chips, ...

Copart's third-quarter revenue beats as vehicle sales rise

Revenue from the company's vehicle sales division rose 3.5% to USD 180.6 million.Online vehicle auct...

UAW's push to unionize factories in South faces latest test in vote at 2 Mercedes plants in Alabama

About 5,200 workers at the Mercedes plants are eligible to vote on the UAW, the union's first electi...

Tesla's German factory gets approval for extension

Tesla opened the plant -- its only production location in Europe -- in 2022 at the end of a tumultuo...

EVs account for 20% of car imports in Jan-April period in South Korea

In the first four months, registrations of pure EVs jumped to 13,863 units from 5,417 during the sam...

Ford asks suppliers to cut costs in push to turn EV business profitable, memo says

Ford said it was focused on building a profitable EV business. "We value our suppliers' collaboratio...

Fewer people in the US plan to buy EVs this year, study shows

The study showed that 24% of prospective vehicle buyers were "very likely" to consider purchasing an...

Chile to seek bidders for preferential pricing on lithium by July

The strategy announced by President Gabriel Boric last year is in part aimed at spurring local inves...

Toyota tests new EV pickup truck ahead of mass production in Thailand

The vehicle will be primarily aimed at the Thai domestic market, but Ganesh said the automaker will ...

US Teen Dies After Consuming Extremely Spicy Tortilla Chip

A US teenager died of cardiac arrest after taking part in a social media challenge daring people to ...

US House Votes To Force Weapons Shipments To Israel, Rebuking Biden

The Republican-led U.S. House of Representatives passed a bill on Thursday that would force Presiden...

French Police Kill Man Trying To Set Fire To Synagogue: Interior Minister Gerald Darmanin

French police on Friday shot dead an armed man who was trying to set fire to a synagogue in the nort...