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Indonesia Says Mitsubishi Motors To Invest About $667 Million Over Next 3 Years
The statement quoted Mitsubishi Motors CEO Takao Kato as saying the company planned to produce hybrid electric vehicles and battery electric vehicles in Indonesia.
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Silk-FAW May Not invest In Italy For Electric Sports Car Project
The Emilia-Romagna region is known for hosting the F1 race at Imola track which is named after Ferrari’s founder.
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Hyundai And Its Associates Set Up US Entity With $10 Billion Investment
Hyundai thanks to electric cars has been seeing growth of its US business.
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Envision To Build EV Factory In Spain
Chinese green tech company Envision will be investing $3.9 billion to build a battery facility in Spain.
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For EV Battery Makers, It’s Go Small Or Go Home
EV battery makers are focussed on making their cells smaller.
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US Regulators Will Not Allow EV Makers To Have Custom Alert Sounds
There was a proposal for electric car makers to have customised sounds.
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Foxconn Reveals Its A Shareholder In Tsinghua Unigroup
The iPhone manufacturer revealed that it was a shareholder in the Chinese semiconductor maker that is valued at almost $800 million.
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US Working On Setting Price Cap On Russian Oil
US sanctions have been bypassed as many European and Asian nations continue to import oil from Russia.
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Twitter Claims Musk Is 'Slow-Walking' Trial Over $44 Billion Deal
Twitter has sued Musk and asked a Delaware judge to order him to complete the merger at the agreed price of $54.20 per share.
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Northvolt And Stora Enso To Develop Batteries From Forestry Byproduct
Swedish battery maker Northvolt and Finnish-Swedish forestry company Stora Enso are trying to develop batteries from forestry byproduct lignin
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Mercedes Readies Plants To Produce Electric Vehicles
Mercedes aims to halve CO2 emissions per passenger car over the life cycle by the end of this decade compared to 2020.
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Tesla To Lay Off 229 Employees, Shuts San Mateo Office
As per a filing the company is permanently shutting the San Mateo office
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Russia Criticises Japanese Policy In Relation To Energy
Russia has been critical of Japan's position in the wake of its war with Ukraine.
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Shares Of Indian Oil Majors Rebound
Shares of Reliance and ONGC rebounded talks to gains in consumer goods.
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Sri Lanka Woos Foreign Oil Firms
As the economic and oil crisis rises in Sri Lanka, the island nation has started attracting foreign oil
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Put Discusses Oil Prices With Saudi Crown Prince
The Russian President was hosted by the Saudi Arabian crown prince Mohammed Bin Salman, also known as MBS.
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Indian Rupee Reaches Record Low Due To Oil Crisis
The Rupee reached a record low as Asian crude oil prices have increased.
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Strikes In Ghana Due To Rising Fuel Costs Averted
Ghana has also been seeing rampant inflation which is now like the global trend.
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Tesla Closes An Office As Layoff Hits Autopilot Jobs, Including Hourly Ones
Tesla has shuttered its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system
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Factbox - Spotlight Shines On Battling Lawyers In Twitter-Elon Musk Dispute
A Delaware judge on Tuesday set an October trial for Elon Musk's dispute with Twitter Inc over his $44 billion acquisition which the billionaire is trying to scuttle.
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