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Author Articles
Volta Trucks Unveils Two Smaller Truck Models For Urban Markets
Commercial electric vehicle (EV) startup Volta Trucks unveiled two smaller zero-emission truck models that will start production in 2025, opening more options for urban deliveries and in EU markets with restrictions for Sunday operations.
Brazil's Vale Signs Long-Term Deal To Supply Tesla With Nickel
ale SA said it has signed a long-term deal with Tesla Inc to supply the U.S.-based electric vehicle maker with nickel from its Canadian operations.
Semcorp To Invest $916 Million To Make EV Battery Components In Ohio
Semcorp plans to invest $916 million in a manufacturing plant in Sidney, Ohio.
Startups Apply Artificial Intelligence To Supply Chain Disruptions
Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries.
Oil Jumps $5 A Barrel As EU Nears Ban On Russian Oil
Oil prices jumped, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil.
Volkswagen To Rely On Qualcomm Chips For Automated Driving - Report
Volkswagen has set up a years-long partnership with U.S. chip maker Qualcomm to develop automated driving technology, with the contract set to run until 2031.
U.S. To Spend More Than $3 Billion On EV Battery Manufacturing - Report
The Biden administration will allocate more than $3 billion in infrastructure funding to finance electric vehicle (EV) battery manufacturing.
Oil Gains 1.5%, Posts Another Weekly Rise On Supply Concerns
Oil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.
Musk Aims To Quintuple Twitter's Revenue To $26.4 Billion By 2028 - Report
Musk is expected to become Twitter's temporary CEO.
EV Firm Atlis Plans U.S. Stock Market Listing Amid IPO Drought
Atlis Motor Vehicles has become the latest startup in the electric-vehicle space to unveil plans for an initial public offering as the global push towards electrification accelerates.
Chinese EV Company CH-AUTO To Go Public Via $1.7 Billion SPAC Deal
CH-AUTO Technology Corp Ltd said it had agreed to go public with a U.S. blank-check firm in a deal valued at nearly $1.7 billion.
Ukraine Finance Minister Calls For Total Embargo On Russian Oil And Gas
Ukrainian Finance Minister Serhiy Marchenko called for a complete international embargo on Russian oil and gas over Moscow's invasion of Ukraine.
Exide-Leclanche JV To Scale Up Production At India Battery Plant
Nexcharge, a JV between Indian battery maker Exide Industries and Switzerland's Leclanche SA, will scale up production at its lithium-ion battery plant to 100% within four years.
Volkswagen Boosts Electric Car Investment In Spain To 10 Billion Euros
Volkswagen AG and partners will invest 10 billion euros to make electric vehicles and batteries in Spain.
India Says Sudden Halt To Russian Oil Imports Would Hurt Citizens
India defended its continued purchases of Russian oil saying they were part of its long-standing effort to diversify its supplies and arguing a sudden halt to imports would jack up world prices and hurt its consumers.
Reliance Industries Energy Unit Powers Fourth-Quarter Profit Jump
Reliance Industries Ltd, India's most valuable company, reported a 22.5% surge in fourth-quarter profit, helped by higher fuel demand and margins at its mainstay energy business.
Oil Edges Up On Supply Jitters As EU Plans Russian Oil Ban
Oil prices edged uo on supply worries after the European Union (EU) laid out plans for new sanctions against Russia including an embargo on crude.
Oil Slides As China Lockdowns Outweigh Proposed EU Russia Oil Ban
Oil prices fell by more than 2% as demand worries stemming from China's prolonged COVID-19 lockdowns outweighed the prospect of a European embargo on Russian crude.
Taiwan's Delta Electronics Expanding 'Everywhere' On EV, Server Boom
Taiwan's Delta Electronics Inc is expanding manufacturing "everywhere" on a boom in electric vehicles and servers.
Enough Nickel, Lithium For 14 Million EVs In 2023 - European Climate Group
There is enough nickel and lithium to produce up to 14 million electric vehicles (EVs) globally in 2023.
