Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles.
China’s auto industry should seek solutions to trade conflicts by deepening ties with European peers via technology partnerships, a Chinese policy adviser said after the European Commission started a probe into China’s electric vehicle subsidies.
UltraSense Systems, a Silicon Valley startup that makes a chip that can replace mechanical buttons, said on Monday that it has signed a deal with South Korea’s Mobase Electronics to supply chips in cars due to hit the market next year.
Saudi Arabia is in early talks with U.S. electric automaker Tesla to set up a manufacturing facility in the kingdom, the Wall Street Journal reported on Monday, citing sources familiar with the matter.
Pine-Sol maker Clorox said on Monday its first-quarter results could see a “material impact” from a cybersecurity attack last month that damaged portions of its IT infrastructure and caused widescale disruption to its operations.