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Indian Fuel Demand Rises In March To Highest Since December 2019
Petrol sales rose 11.4% to 2.74 million tonnes in March and by about 27% from a year earlier.
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Volkswagen Mulls Board Change That Could See Labour Chief Move On: Report
Last year, the 64-year-old opposed an attempt by Diess to extend his contract as the CEO strives to cut costs and free up resources to invest more in electric vehicles.
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Global Oil Demand To Peak In 2026: Report
World demand is now seen peaking at 101.6 million barrels of oil per day (bpd) in 2026, down from a forecast made in November of a peak in 2028 at 102.2 million bpd, Rystad Energy said.
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Shell To Trial Use Of Hydrogen Fuel Cells For Ships In Singapore
The trial will involve the development and installation of an auxiliary power unit fuel cell on an existing roll-on/roll-off vessel that transports goods, vehicles and equipment on lorries.
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EnBW To open Europe's Biggest EV Fast Charging Park In Fourth Quarter
EnBW aims to operate 2,500 fast-charging sites in Germany by 2025, a number that exceeds any oil major company's German petrol station fleet.
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Honda Aims For 100% Electric Vehicles By 2040, Says New CEO
Honda expects EVs and FCVs to account for 40 per cent of sales by 2030 and 80 per cent by 2035 in all major markets, including North America and China.
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Tesla Drives On Autopilot Through A Regulatory Grey Zone
Tesla Chief Executive Elon Musk tweeted on Monday that preliminary data downloaded by Tesla indicate the vehicle was not operating on Autopilot, and was not part of the automaker's "Full Self-Driving" (FSD) system.
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China State Media Calls For Regulator Investigation In Tesla's Brake Issues
The CCTV commentary said the regulator could invite third-party testing agencies that both the customer and Tesla can trust to test the vehicles.
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EV Maker Polestar In Talks On New Fund Raising: CEO
Polestar, which is making vehicles in China's eastern city of Taizhou, raised $550 million from investors last week.
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Volvo To Provide Cars For Didi's Self-Driving Test Fleet
Volvo Cars will initially provide Didi with hundreds of vehicles, with the aim of adding more as the self-driving test fleet expands.
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Baidu Expects To Supply Self-Driving System To 1 Million Cars In 3-5 Years
Li Zhenyu, senior corporate vice president at Baidu, made the remarks at the 2021 Shanghai motor show.
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Nissan To Focus On Fuel-Sipping Technology And Electrification In China
In January, Nissan said all its new vehicles in key markets, including China, would be electrified by the early 2030s, as part of its efforts to achieve carbon neutrality by 2050.
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GM, LG Energy Solution To Build Second U.S. Battery Plant In Tennessee
The planned 2.8 million-square-foot plant, scheduled to open in late 2023, will employ 1,300 people and will have production capacity of about 35 gigawatt-hours.
Read More →Nissan To Furlough 800 Workers At Its UK Plant As Chip Shortage Cuts Production
Carmakers around the world are struggling with a chip shortage caused by strong demand from makers of smartphones and other consumer electronics amid the COVID pandemic
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Renault To Partly Idle Spanish Plants Until End Of September Over Chip Shortage
Carmakers around the world have been impacted by the shortage of chips used in engine management and driver-assistance systems, which come mainly from Asia, especially Taiwan.
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Nvidia, Volvo Cars Accelerate Auto Industry's Data-Processing Power Race
Volvo Cars, owned by China's Geely Holding, said it will use Nvidia's new Drive Orin system, with far more processing power than current Nvidia chips used in Volvo vehicles, starting with a new generation XC90 sport utility due to launch next year.
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GM Marketing Spend Will Return To Normal Levels Post Pandemic
The pandemic forced the shutdown of the U.S. auto sector for two months last year, and the subsequent global chip shortage has led to further idling of plants, causing vehicle inventories to shrink.
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South Korean Battery Makers Agree Last-Minute Deal In Boost To Biden's EV Policy
The Biden administration through the U.S. Trade Representative's Office (USTR) faced a Sunday night deadline on whether to take the rare step of reversing a U.S. International Trade Commission decision unless the companies had agreed a deal.
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China's Capital Envisages 10,000 Fuel Cell Vehicles By 2025
The capital forecasts its hydrogen use for road transport and power generation to reach 50 tonnes a day by 2023, and 135 tonnes by 2025.
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Spain To Subsidise Electric Car Sales With 800 Million Euros To 2023
Private buyers would be entitled to subsidies of up to 7,000 euros per car, while authorities in small towns and companies buying fleets to use as taxis could get more.
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