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Aussie Start-Up Firm Safetyculture Appoints Tesla Chair As Director
Blackbird Ventures-backed SafetyCulture is a mobile-first audit platform that helps businesses perform checks, train staff, report issues and automate tasks
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India To Cut Gas Prices From April 1 After Review Panel Report
Over 80% of India's yearly gas output of 91 billion cubic metres comes from old fields owned by the government-run Oil and Natural Gas Corp. and Oil India Ltd.
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Russia's Rosneft Signs Deal To Boost Oil Supplies To India
India has been the biggest buyer of Russia's benchmark Urals grade crude in March.
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US Battery Sourcing Guidance To Cut Some EV Tax Credits -Official
Treasury decided not to issue the proposed guidance on battery sourcing rules until March
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India's Gomechanic Acquired By Consortium Led By Car Parts Maker Lifelong
The acquisition is the result of a "widely publicised" sales process in which the consortium emerged as the winning bidder, Lifelong said in a statement.
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Self-Driving Startup Venti Raises $28.8 Million To Speed Up Growth
Venti has been developing its self-driving for vehicles for the last three years at one of the world's largest container ports in Singapore and is already generating revenue
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Tesla Expects Reduced Tax Credit For Model 3 By March-End
The $7,500 tax credit in place since January could be reduced by March 31.
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Factbox: How U.S. Electric Vehicle Subsidy Rules Impact Europe
Under the Inflation Reduction Act (IRA), U.S. consumers buying electric vehicles qualify for a tax credit of $7,500 as long as final assembly is in North America.
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Indonesia's Merdeka Battery Plans To Build Two Nickel HPAL Plants
Merdeka Battery Materials plans to build two nickel processing plants to make products used in batteries for electric vehicles with a combined capacity of 240,000 tonnes
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Ford In $4.5 Billion Deal For EV Battery Materials Plant
Ford has joined PT Vale Indonesia and China's Zhejiang Huayou Cobalt's as their new partner in a $4.5 billion nickel processing plant in Indonesia
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Ride-Hailing App Cabify Raises $110 Million For Expansion In Latam, Spain
Cabify, whose business volume jumped 32% in 2022 from the previous year
Read More →Oxbotica, Google Cloud Partner To Scale Up Autonomous Software
Oxbotica will use Google Cloud infrastructure to create "scalable, safe, and reliable" autonomous driving solutions for its customers
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Huawei Makes Breakthroughs In Design Tools For 14 Nm Chips: Report
Huawei will complete testing on the tools this year, rotating chairman Xu Zhijun said in a speech on Feb 28
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Oil Settles Down On Worries Over European Banks, U.S. Crude Reserve
Brent crude settled down 1.2%, to $74.99 while West Texas Intermediate U.S. crude futures fell 1%, to $69.26 a barrel.
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Battery Maker Northvolt In Talks For Over $5 Billion In Financing - Report
As per a report, the company is negotiating with a number of banks to raise the amount and an agreement could be reached later this year
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Maruti Suzuki India To Hike Prices To Pass On Input Cost Pressures
The hike in prices will come into effect from April though the carmaker has not revealed the quantum of hike or the models affected.
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Oil Drops 1% As US In No Rush To Refill Strategic Reserve
Brent crude futures fell by 78 cents to settle at $75.91 a barrel. U.S. West Texas Intermediate crude futures slid by 94 cents, to end the session at $69.96 a barrel.
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Factbox: The Battle Over Russia's Crude And Oil Products
According to the International Energy Agency (IEA), Russia's total exports of oil and petroleum products in February 2023 fell to 7.5 million barrels per day (bpd), from an average amount of 7.7 million bpd in 2022 (7.5 million bpd in 2021).
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Joby Aviation Names Former FAA Administrator As Director
Joby Aviation is developing electric aircraft with vertical take-off and landing capabilities to be used as air taxis with plans to commence commercial passenger services from 2025
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China's CATL To Start Mass Output Of M3P Batteries This Year
CATL disclosed in August last year that it was working on M3P technology, which can enable an electric vehicle to run 700 km (430 miles) per charge when combined with CATL's next generation of battery-pack technology.
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