Rivian’s revenue for the third quarter stood at USD 1.34 billion, while its quarterly loss narrowed compared to the previous year.
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Uber’s positive momentum is expected to continue into the fourth quarter, with all-time highs recorded in October for both overall trips and gross bookings.
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INDUSTRY NEWSLatest News
UK shifts liability to self-driving car makers in new autonomous vehicle framework
by Biplab Dasby Biplab DasThis development comes as part of the government’s legislative agenda, with a promise to introduce the Automated Vehicles Bill in the upcoming parliamentary session.
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INDUSTRY NEWSLatest News
Hero MotoCorp to launch EVs in the UK and European markets
by Biplab Dasby Biplab DasAs part of Hero’s venture into the UK and Europe, the company has enlisted distributors to facilitate market penetration.
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Royal Enfield showcased the new Himalayan and Himalayan electric testbed at the ongoing EICMA 2023 in Milan. The Himalayan electric testbed marks the entry of …
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Porsche has taken the wraps off the 2024 Panamera interior ahead of its global debut. The new Panamera boasts multiple screens, minimising the count of …
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In order to align with the company’s global goal to reach net-zero carbon by 2040, Amazon has launched an all-electric fleet for its last mile …
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Honda showcases a range of new MY24 motorcycles at the ongoing EICMA 2023, including the naked flagship CB1000 Hornet and the updated CBR600RR.Â
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INDUSTRY NEWSLatest News
Germany approves Bosch, Infineon, and NXP stakes in TSMC’s new semiconductor plant
by Biplab Dasby Biplab DasThe decision to greenlight this strategic investment by leading technology firms comes amidst a backdrop of recent geopolitical shifts.
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ZF claims its magnet-free In-Rotor Inductive-Excited Synchronous Motor (I2SM) is more compact and durable than a comparable Permanent-magnet synchronous motor.