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Indian Refiner BPCL Tie-Up With Nuclear Institute In Net Zero Push
India is aiming to reach net-zero emissions by 2070 and wants to raise the share of renewables in its energy mix to 50% by 2030 from 38% currently.
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Northvolt Battery Plant Sparks Into Life, A First For Europe
Northvolt said its new gigafactory in northern Sweden has assembled its first battery cell, making it the first European company to design and manufacture a battery on the continent.
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Oil Prices Climb Again As U.S. Inventories Fall
Asset classes from oil to equities have clawed back losses from late November, when the Omicron variant of COVID-19 sent investors scurrying for safety.
Read More →Oil Settles Higher Despite Omicron Concerns
Oil prices settled higher on Tuesday, with Brent crude ending the session near $80 a barrel despite the rapid spread of the Omicron coronavirus variant.
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Rivian Delays Deliveries Of Pickup, SUV With Big Battery Packs To 2023
Rivian Automotive Inc will delay deliveries of its electric pickup truck and sports utility vehicle with big battery packs to 2023, Chief Executive RJ Scaringe said in a mail to customers on Tuesday.
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Waymo And China's Zeekr Partner To Develop Driverless Taxis
The partnership with Zeekr will help Waymo expand its driverless ride-hailing service in the face of increased competition, and also create inroads for Chinese brand Geely into the U.S. market.
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Oil Prices Rise To Highest Level In A month As Omicron Concern Eases
Oil prices rose more than 2% on Monday to the highest level since late November on hopes that the Omicron coronavirus variant will have a limited impact on global demand in 2022.
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Volkswagen Says Patent Suit By Taiwan's Acer Is Unfounded
Volkswagen said allegations made against it by Acer were unfounded, after a magazine reported that the Taiwanese computer maker had sued the German carmaker for infringing on its mobile network patents.
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Didi Bars Employees From Selling Shares Indefinitely: Report
The 180-day lock-up period post the company's initial public offering during which current and former staff were not permitted to sell shares was supposed to end on Dec. 27, but the prohibition has been extended without a new end date.
Read More →Waymo Has Tens Of Thousands People On San Francisco Robotaxi Waitlist, Co-CEO Says
Waymo is among a small number of companies around the world that have billions of dollars in financing to develop self-driving cars and trucks.
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Oil Prices Climb As Worries Over Fuel Demand Recede
Oil prices extended gains on Tuesday with prices trading near the previous day's one-month high on hopes that the Omicron coronavirus variant will have a limited impact on fuel demand.
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Albemarle Joins Newly Formed Lithium Industry Body
Albemarle, the world's largest producer of lithium for electric vehicles, is the latest to join ILiA after mining giants including Rio Tinto and BASF.
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Tesla Faces Investor Lawsuit Over Musk Tweets On 10% Stock Sales
Tesla investor David Wagner called for access to internal documents to investigate whether Tesla and Musk violated an agreement with the U.S. securities regulator and its board members failed to adhere to their fiduciary duties.
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Nissan Expects Chip, Parts Crunch To Extend Until At Least Mid-2022
Nissan expects global supply chain constraints and the sector-wide semiconductor shortage to continue until at least the middle of 2022.
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Robotaxi Race Opens Up As Top Contender Waymo In Low gear In Arizona
Companies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.
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Ferrari Signs Deal With Tech Firm Velas To Create Digital Products For Fans
From next season, Velas, a provider of digital products and services, will become a partner of Ferrari's Formula 1 racing team.
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BYD And Momenta Establish Joint Venture For Autonomous Driving Technology
The new venture, called DiPi Intelligent Mobility Co and located in Shenzhen, combines BYD's capabilities as an automaker with Momenta's experience in intelligent driving.
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Oil Prices Settle Higher, But Market Wary Of Omicron
Brent crude settled up $2.46, or 3.4%, at $73.98 a barrel, and U.S. West Texas Intermediate (WTI) crude rose $2.51, or 3.7%, to $71.12 a barrel.
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India Refiners' November Crude Processing At Near 2-Year High
India's fuel consumption fell in November after scaling a seven-month peak in October, as demand eased after the festive season.
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California Halts Pony.ai's Driverless Testing Permit After Accident
On Oct. 28, a Pony.ai vehicle operating in autonomous mode hit a road center divider and a traffic sign in Fremont after turning right, showed the technology firm's accident report filed with the California Department of Motor Vehicles (DMV).
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