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Toyota's Indian Unit Warns Of A Possible Customer Data Breach
Toyota India said it has notified the relevant Indian authorities of the data breach at Toyota Kirloskar Motor
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Volkswagen And Italy's Enel Launch Joint Venture For High-Speed Charging
Volkswagen operates partnerships in Europe with BP and Spain's Iberdrola and is a shareholder in fast-charging venture Ionity with rival carmakers BMW, Mercedes-Benz, Ford and Hyundai.
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Indonesia To Offer $5,000 Subsidy On Electric Car Sales
A subsidy of around 80 million rupiah ($5,131) will be offered on every sale of an electric car, 40 million rupiah on hybrid cars and 8 million rupiah on fully electric motorbikes
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Tesla Plans To Announce Mexico EV Plant Soon - Report
It is unclear what models Tesla would produce in the Mexican factory or when it would begin production
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Faraday Future Targets April For EV Deliveries, Sees Fresh Funding
The Los Angeles-based company said it expects to start production of its FF 91 Futurist electric car at its manufacturing facility at the end of March 2023.
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Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'
Musk told employees that they should not be "bothered by stock market craziness" after the company's shares fell nearly 70% this year on jitters over softening demand for electric vehicles and Musk's distraction with running Twitter.
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U.S. FAA Proposes Airworthiness Criteria For Archer Aviation Air Taxi
The Federal Aviation Administration (FAA) issued the airworthiness criteria that Archer Aviation will need to meet for its M001 air taxi to be certified for use.
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Oil Set To End Turbulent 2022 With Second Annual Gain
Oil rose and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China.
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Indian Shares Rebound On Slide In Oil Prices, Dec F&O Series Expiry
Indian shares swung to gains in the final hour, on slide in oil prices due to demand concerns in China, while volatility was high in domestic market with the expiration of the December derivatives series.
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Rupee Down As Oil Prices Gain Further, Forward Premiums Fall
The Indian rupee eased slightly as oil prices rose and investors assessed China's move to ease COVID curbs while cases continued to rise in the country.
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Russia's Angarsk Oil Refinery Says Fire Extinguished, Fuel Production Continues
A fire that killed two people at Russia's Angarsk refinery has been extinguished.
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Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'
Tesla's plummeting share price has hurt the value of shares owned by the EV maker's employees. Tesla has offered stock compensation for most employees including factory workers.
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India's Fuel Demand Hits Eight-Month Peak In November
India's fuel demand climbed to an eight-month high in November.
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India Orders Rickshaws Around Delhi To Run On Cleaner Fuel
India is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.
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Tesla To Freeze Hiring, Lay Off Employees Next Quarter - Report
The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.
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India Sees No Hit To Fuel Exports From EU Feb 5 Action On Russian Imports - Oil Secretary
Indian refiners have been gorging on Russian oil sold at a discount as some Western entities shun purchases from Moscow following its invasion of Ukraine in late February.
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India's e-Bus Ambition Hits Financing Speed Bump
India wants to deploy 50,000 e-buses in tranches over the next four to five years at an estimated cost of one trillion rupees ($12 billion).
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Diesel Sales Of Indian State Retailers Up On Industrial Recovery
Indian state refiners' daily diesel sales rose 21% in November from the previous month.
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U.S. Finalizes $2.5 Billion Loan To GM, LG Battery Joint Venture
The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan.
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Mahindra CEO Sees U.S. Entry For New Electric Vehicles At Least Five Years Away
Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.
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