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Iveco To Partner With Hyundai On Fuel Cells For Hydrogen Buses In Europe
Iveco and Hyundai earlier this year signed a preliminary deal to explore collaboration on shared vehicle technology, joint sourcing and mutual supply.
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VW Of America Teams With Redwood On EV Battery Recycling
VW is the latest carmaker to partner with Redwood, which has forged similar alliances with Toyota Motor Corp, Ford Motor Co and Geely Automobile's Volvo Cars.
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U.S. Auto Agency Will Not Allow EV Owners To Pick Alert Sounds
The NHTSA in 2019 had proposed allowing automakers to install a number of driver-selectable pedestrian alert sounds in "quiet cars."
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Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss
The Tesla chief executive for now appears to be sitting on around $8.5 billion in cash raised from selling shares of the automaker late in April to finance the Twitter acquisition.
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Oil Slides On Strong Dollar And Weaker Demand Outlook
Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown.
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Italian Region Wants Answers From Silk-FAW Over Electric Sports Car Plan
Emilia-Romagna regional government will hold talks with Silk-FAW next week over fears the Sino-U.S. venture's plans to invest a billion euros to produce electric sports cars in the area might not go ahead.
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U.S. Agency To Open Probe Into Fatal Florida Tesla Crash
NHTSA said it will open a special investigation into a Florida crash that killed a 66-year-old Tesla driver and a 67-year-old passenger.
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For EV Battery Makers, It's Go Small Or Go Home
In the quest for smaller batteries that charge extremely quickly, the startup firms are experimenting with materials like silicon-carbon, tungsten and niobium.
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Hyundai Motor Says It Will Build Its First South Korean EV Factory
In May, Hyundai Motor Group, which houses Hyundai Motor and Kia Corp, said it would invest 63 trillion won ($48.1 billion) in South Korea through to 2025.
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S.Korea's LG Energy Solution To Supply Batteries To India's Mahindra - Report
The batteries will power the Indian automaker's XUV400 SUVs.
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Oil Falls On Recession Jitters, China COVID Curbs
Brent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.
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Mahindra Aims To Lead Electric SUV Sales In India With New EV Unit
India's EV market, dominated by Tata Motors, represents only 1% of the country's annual sales of about 3 million vehicles. The government wants this to grow to 30% by 2030.
Read More →Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEO
Mahindra could consider investing in a battery-cell company to meet future electrification needs.
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Tata Motors Raises Passenger Vehicle Prices
Indian carmaker Tata Motors raised the price of its passenger vehicles on Saturday as input prices continue to increase.
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Oil Rises 2% But Posts Weekly Loss On Recession Fears
Oil prices rose about 2% in volatile trade but were still heading for a weekly decline as investors worried about a potential recession-driven demand downturn even as global fuel supplies remained tight.
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Twitter Workers Brace For More 'Circus' After Elon Musk Torpedoes Deal
Twitter employees expressed disbelief and exhaustion after Elon Musk said he was terminating a deal to buy the social media company in what could be the start of months of legal wrangling.
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India's June Fuel Demand Rises 17.9% Year-On-Year
India's fuel consumption in June rose by 17.9% from a year earlier.
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Why India Ramped Up Russian Oil imports, Easing Pressure On Moscow
Since the start of the war in Ukraine, the United States and its allies have leaned on countries to buy less Russian oil in a bid to punish Moscow for its aggression.
Read More →Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession Fears
Oil prices settled sharply higher rebounding from steep losses the previous two sessions.
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Twitter Vows Legal Fight After Musk Pulls Out Of $44 Billion Deal
Elon Musk said he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement.
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