About Reuters
Articles of Reuters
Tesla Market Value Crosses $800 Billion For The First Time
Tesla's stratospheric rally has helped Chief Executive Officer Elon Musk surpass Amazon.com Inc's top boss Jeff Bezos to become the world's richest man.
Read More →
Electric Cars Rise To Record 54% Market Share In Norway In 2020
Seeking to become the first nation to end the sale of petrol and diesel cars by 2025, oil-producing Norway exempts fully electric vehicles from taxes imposed on those relying on fossil fuels.
Read More →
Fiat Chrysler, Peugeot Get Green Light For $52 Billion Carmaker
Stellantis will have 14 brands, from FCA's Fiat, Maserati and U.S.-focused Jeep, Dodge and Ram to PSA's traditionally Europe-focused Peugeot, Citroen, Opel and DS.
Read More →
Electric Vehicle Maker Tesla To deliver China-Made Model Y SUVs This Month
It is also adding manufacturing capacity for EV chargers in Shanghai and expanding its sales and service network around the country.
Read More →
Mahindra To Focus On SUVs, Electric After Ending Ford JV Talks
Mahindra and Ford late on Thursday called off their automotive joint venture due to the COVID-19 pandemic, which prompted them to reassess their capital allocation priorities.
Read More →
Indian Refiners' November Crude Processing Hits Eight-Month High
Top refiner Indian Oil Corp (IOC) operated its directly owned plants at 108.4% capacity, the data showed.
Read More →
BMW Aims For 20% Of Its Vehicles To Be Electric By 2023
BMW wants roughly every fifth car it sells to be powered by an electric engine by 2023.
Read More →
Ouster, Maker Of Self-Driving Tech, Agrees $1.9 Billion Deal To Go Public
Ouster sees its digital lidar technology as having practical applications beyond autonomous vehicles and extending to areas such as drones, smart cities and robotics, according to company co-founder and Chief Executive Angus Pacala.
Read More →
German Court Allows Tesla To Partially Clear Forest For New Factory
In Friday's ruling, the Berlin-Brandenburg Higher Administrative Court said it would ban clearing by Tesla in peripheral areas of the site, ruling in favor of environmentalists.
Read More →
BP Expands Renewable Energy Supply Deal With Amazon In Europe
BP said the deal was a key part of its strategy to transform into an integrated energy company.
Read More →
Ferrari's Camilleri Will Be A Hard Act To Follow
Chief Executive Officer Louis Camilleri, 65, retired with immediate effect citing personal reasons late on Thursday, after being in the role for nearly two and a half years.
Read More →
India's Fuel Demand Fell 5 Per Cent In November
Consumption of fuel totalled 17.83 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Read More →
Fiat CEO Manley In Pole Position For Top Job At Ferrari: Report
Louis Camilleri retired with immediate effect as CEO of Ferrari late on Thursday citing personal reasons, after being in the role for nearly two and a half years.
Read More →
Tesla Teams To Visit Indonesia To Check On Investment In EV Components - Government
Musk has said he is planning to offer a 'giant contract for a long period of time" so long as the nickel is mined -efficiently and in an environmentally sensitive way".
Read More →
India's Top Oil Refiner Back At Full Capacity For First Time Since COVID-19
India's fuel demand has been recovering from the lows seen in April with a gradual pick up in the industrial and economic activity after the lockdown was eased.
Read More →
Monitoring Impact Of Automotive Chip Shortage: Indian Industry Body
The warning comes weeks after China said a shortage of chips used in cars could disrupt production well into the next year.
Read More →
Honda Halts UK Production Due To Parts Shortage
Honda has temporarily stopped production because of transport-related delays that have cause a shortage of parts at the company's Swindon facility in South England.
Read More →Tesla Says Black People Hold Just 4 Per Cent Of Its U.S. Leadership Roles
Tesla, based in Palo Alto, California, said it planned to increase representation of all under-represented groups next year and would be recruiting at historically Black colleges and universities.
Read More →
Battery Costs Fall, Make Electric Vehicles Cheaper Says BMI
BMI estimates that between 2014 and 2017 the price of battery cells fell 16.5% per annum, but between 2017 and 2020 the drop was only 5.8% per annum.
Read More →
Aston Martin Demand Is Phenomenal, Returned First In China Says Stroll
Stroll led a consortium which invested in Aston earlier this year as the carmaker struggled following its 2018 stock market flotation, after which its share price slumped.
Read More →
