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Author Articles
Oil Surges 8% Amid Warnings Of Russian Supply Shortages
Oil prices climbed 8% on Thursday, extending a series of wild daily swings
USPS To Buy 50,000 Delivery Vehicles In $2.98 Billion Initial Order
Order of 50,000 new generation delivery vehicles includes 10,019 EVs
Nikola Shares Jump As It Starts Manufacturing Electric Trucks
Nikola commences manufacturing Tre electric truck at Arizona facility with a target of delivering up to 500 trucks this year
Tesla Recalls 947 U.S. Vehicles Over Delay In Rearview Image Display - Report
Recall covers some 2018-2019 Model S, Model X, and 2017-2020 Model 3 vehicles equipped with Autopilot Computer 2.5 and operating certain firmware releases
Oil Slides On Concerns Of Weaker Chinese Demand
Oil prices tumbled more than $6 on Monday as fears over weaker fuel demand in China grew after financial hub Shanghai lockdown efforts to curb a surge in COVID-19 infections.
Nvidia Unveils Latest Chips, Technology To Speed Up AI Computing
Nvidia's latest GPU, called the H100, can help reduce computing times from weeks to days for some work involving training AI models, the company said.
'Humble And Hidden' Auto Suppliers Driving The EV Revolution
As legacy auto parts suppliers figure out if and when to sell combustion engine businesses or buy EV parts makers, TE and rivals in the connectors or sensors businesses are looking to supply higher-value components and do more development work with carmakers going through a massive transition.
Intel, Micron Ceos To Make Case For U.S. Semiconductor Subsides: Report
The chief executives of Intel and Micron will make the case Wednesday for U.S. government subsidies to boost semiconductor manufacturing before the U.S. Senate Commerce Committee.
Indian Bulk Diesel Buyers Rush To Secure Supplies From Cheaper Retail Outlets
Indian state-run fuel retailers, who dominate local fuel sales, have not raised pump prices since Nov. 4 despite a surge in global oil and fuel prices.
Dancing Musk Hands Drivers First Teslas From New German Gigafactory
Loud music played as 30 clients and their families got a first glimpse of their shining new vehicles through a glitzy, neon-lit Tesla branded tunnel, clapping and cheering as Tesla Chief Executive Musk danced and joked with fans.
Kremlin Says Russian Oil Embargo Would Hurt Europe, Not U.S
Some European Union foreign ministers are pushing for an oil embargo as part of a possible fifth round of sanctions against Russi, in an effort to punish Moscow over events in Ukraine.
Financial, Auto Stocks Drive Indian Shares Lower As Investors Weigh Higher Oil Prices
A rally in information technology stocks and Reliance Industries had helped both indexes gain more than 1% in the previous session, with the early momentum helping them open higher on Wednesday only to give up the gains and settle lower by mid-day.
India To Raise Petrol, Diesel Retail Prices After 4-Month Hiatus - Dealers
India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp - dominate fuel retailing in India and tend to move their prices together.
India's Ola Electric Says Investigating Scooter Fire Incident
Investigation underway following Twitter user posting a video of his Ola scooter bursting into flames
Toyota, Aurora Test-Drive Autonomous Ride-Hailing Fleet In Texas
Toyota's Sienna minivans, retrofitted with Aurora's self-driving system, will be tested on highways and suburban streets in the Dallas-Fort-Worth area, with the operation including trips enroute to an airport.
India Leans Toward Continued Import Of Russian Coking Coal - Report
India set to receive atleast 1.06 million tonnes of coal from Russia this month
Analysis-When It Comes To Oil, The Global Economy Is Still Hooked
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving that can still disrupt economies, confound policymakers and spark political strife.
Crude Settles Up More Than 7 Per Cent As EU Mulls Russian Oil Ban
Brent futures settled at $115.62 per barrel, up to $7.69 or 7.12 per cent, while U.S. West Texas Intermediate (WTI) crude futures settled at $112.12 per barrel, up to $7.42 or 7.09per cent.
Daimler Truck Sees Electric Trucks Costs Staying High - report
Daimler Trucks chief executive said governments need to offer subsidies to offset the higher costs of electric trucks
EU Split On Russia Oil Sanctions, Mulls Other Steps
The EU and allies have already imposed hefty measures against Russia, including freezing its central bank's assets.
