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EU Looks To Replace Gas From Russia With Nigerian Supplies
The European Union is seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts.
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Indian Refiners' June Crude Processing Stays Robust, Output Slips
India refiners' crude processing remained resilient in June, holding above pre-pandemic levels amid steady demand, while production eased with the increased availability of cheaper Russian crude, government data showed on Friday.
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Volkswagen CEO Herbert Diess Set To Step Down
Volkswagen's board has opted to replace Diess with Porsche Chief Oliver Blume.
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Reliance Industries Profit Surges, Powered By Oil Business
Reliance Industries Ltd reported a 46.3% jump in June-quarter profit, as robust refining margins due to intake of cheaper Russian crude and fuel exports buoyed its dominant oil-to-chemicals business.
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Chile's First Electric Bus Factory Aims To Ease Fossil Fuel Dependency
Electric buses built by a Chilean company are now operating in the world's top copper-producing nation, as the country seeks ways to reduce its use of fossil fuels and achieve its environmental goals.
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EU Sanctions Tweak To Unblock Russian Oil Deals With Third Countries
Russian state-owned companies Rosneft and Gazprom will be able to ship oil to third countries under an adjustment of European Union sanctions agreed by member states this week aimed at limiting the risks to global energy security.
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Ford To Buy Cheaper CATL EV Batteries To Catch Tesla
Ford will import lower-cost lithium-iron batteries for its electric pick-up trucks from Chinese firm CATL
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Analysis - 'Unknowns' Delay Tesla's Ramp-Up Of Its Own Cutting-Edge Batteries
Tesla said it would rely on suppliers to meet battery demand this year, as the necessity of learning new technologies is holding back its plan to boost production of its own batteries.
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India's Top Carmaker Hopes Govt Will Support 'Green' Tech Beyond EVs
Maruti Suzuki, believes the government will show support for "green" car technology beyond full electric vehicles (EVs), such as hybrid, if it benefited the country
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Baidu Unveils Autonomous Vehicle Without Steering Wheel
The new vehicle will possess autonomous Level 4 capabilities that need no human intervention, with 8 lidars and 12 cameras alongside the car. Lidars are detection systems, similar to radars, which use pulsed laser light rather than radio waves.
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GM, Ford Seek U.S. OK To Deploy Self-Driving Vehicles Without Steering Wheels
Both automakers want to deploy up to 2,500 vehicles a year, the maximum allowed under the law, for ride sharing and delivery services. Neither seek approval to sell self-driving vehicles to consumers.
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Ather Says High Costs Pushing Back Profit Timeline
Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the company's path to profit despite high demand for its vehicles.
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U.S. Postal Service Plans To Up Electric Delivery Vehicle Purchases
The U.S. Postal Service (USPS) said it plans to buy at least 25,000 electric delivery vehicles - more than twice its prior estimate - as it works to replace its aging fleet.
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China Greentech Company Envision To Build EV Battery Plant In Spain
Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including a battery plant for electric cars, with 3.8 billion euros ($3.9 billion) in total investment, partly funded by European Union aid.
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Volkswagen To Develop New Semiconductor With STMicro Amid Chip Crunch
Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global microchip crunch that has strained the car industry's supply chain.
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Solid-State EV Batteries Could Cut Carbon Emissions Further, Says Climate Group
Solid-state batteries, which use solid ceramic material instead of liquid electrolytes to carry electric current, could store more energy, charge faster and offer greater safety than liquid lithium-ion batteries.
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Amazon-Owned Self Driving Firm Zoox Seeks To Test Robotaxi In California
Zoox’s vehicle, called VH6, has room for four passengers, with two facing each other.
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Chevy's Electric Blazer SUV Fights To Stand Out In A Crowd
General Motors Co's electric Chevy Blazer SUV will be vital to the automaker's effort to catch Tesla Inc in the U.S. EV market, but by the time it hits showrooms next year it will be fighting a crowd of vehicles to run second in a segment dominated by Tesla's Model Y.
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India Cuts Windfall Tax On Diesel, Aviation Fuel Exports
The government also exempted gasoline (petrol) from an export levy.
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How China Became Ground Zero For The Auto Chip Shortage
Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers.
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