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Articles of Carandbike Team
Shell Buys Indian Renewables Firm Sprng Energy For $1.55 Billion
Shell on Friday agreed to acquire India-based renewable power platform Sprng Energy for $1.55 billion, boosting the energy company's low-carbon output as it shifts away from oil and gas.
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Volkswagen Group China's Component Factory In Tianjin Resumes Some Shifts
The component factory VW Automatic Transmission Tianjin had been closed since Monday last week, Volkswagen Group China said earlier.
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European New Car Sales Down 1.5% In 2021: Report
A global semiconductor shortage and other supply chain issues have dampened deliveries of cars globally, with many carmakers sitting on half-finished goods and unable to meet demand.
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Vedanta To Create $10 Billion Fund To Bid For BPCL Stake, Other Assets
Vedanta plans to create a $10 billion fund to bid for assets including the Indian government's stake in Bharat Petroleum Corp Ltd (BPCL).
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Hyundai Motor Partners With Quantum Computer Firm IonQ For Battery Development
The partnership will create a battery chemistry model to simulate the structure and energy of lithium oxide, to help improve the performance, costs, and safety of lithium batteries, IonQ said.
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Mitsubishi Says Chip Shortage May Continue To Hit Mexican Output In H1: Report
Held back by the chip shortages, auto output in Mexico fell by 2% in 2021 from the previous year, the fourth consecutive annual decline.
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Toyota Needs To Build 1 Million Cars In March To Reach Annual Target
Toyota has been trying to increase production in the final months of the business year to make up for output lost earlier because of a shortage of components from plants in Southeast Asia hit by COVID-19 lockdown restrictions.
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Reliance, Ola Electric, Mahindra Bid For Incentives Under India's $2.4 Billion Battery Scheme
India wants to establish a total of 50 gigawatt hours (Gwh) of battery storage capacity over five years, which it expects will attract direct investment of about $6 billion.
Read More →VW Sales Hit 10-Year Low In 2021, BMW Races Ahead
The Volkswagen brand saw an 8.1 per cent drop in sales to just under 4.9 million units, with the biggest fall in China at 14.8 per cent, although battery-electric vehicle sales in the country quadrupled.
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UK's Crown Estate, Volta Trucks To Run Electric Truck Trial In London
The trial will be run by the Crown Estate's distribution provider Clipper Logistics and involve a prototype Volta Zero, a 16-tonne electric truck that is due to go into production by the end of 2022 at a former truck plant in Austria.
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Toyota Says Its Tianjin Joint Venture Resumed Production On Jan 22
The site, which Toyota runs with Chinese automaker FAW Group, was shut on Jan. 10 for 11 days.
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India's HPCL To Raise Iraqi Oil Imports By 45% In 2022: Report
The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd in 2021.
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Delhi Government Proposes Making 25 Per Cent Of New Cab Registrations Electric
The proposal would mandate apps providing transportation or delivery services, including cab operators such as Ola and Uber and food delivery apps Swiggy and Zomato, to register with the Delhi government as soon as the law comes into effect.
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Qualcomm Inks Car Chip Deals With Volvo, Honda And Renault
Qualcomm Corp announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines.
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Indian Oil To Invest $944 Million On Gas Sales Network In Nine New Areas
IOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.
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OPEC's Share Of Indian Oil Imports Falls To Lowest In At Least 15 Years
India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019.
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Vietnam Car Maker VinFast To Build U.S. Battery Factory As It Goes All-Electric
VinFast is betting big on the U.S. market, where it hopes its electric SUVs and a battery leasing model will be enough to tempt consumers away from the likes of Tesla and General Motors.
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Oil Slides On Friday, But Climbs For 5th Week On Supply Concerns
Brent futures fell 49 cents, or 0.6%, to settle at $87.89 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents, or 0.5%, to settle at $85.14.
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Foxconn Seals EV Partnership With Indonesia
Foxconn has expanded its activities in electric vehicles (EVs) in recent years, announcing deals with U.S. startup Fisker Inc and Thailand's energy group PTT PCL.
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How To Clean Car Headlights 100% Working Ways & Tips
Car headlight cleaning is necessary to ensure you get the maximum illumination. Driving with low visibility is a huge mistake and can lead to accidents as well. If you clean car headlights properly, the visibility is increased, thus reducing the chances of accidents.
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