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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.
Read More →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.
Read More →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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India November Auto Sales: Car, Tractor, Truck Sales Rise
The festive season helped drive strong overall sales at most Indian automakers in November.
Read More →Musk Delivers First Tesla Truck, But No Update On Output, Pricing
Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.
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Apple Scales Back Self-Driving Car, Delays Launch To 2026: Report
The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.
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Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief
The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years
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Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year
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Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact
Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production
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Uber, Motional Launch Robotaxi Service In Las Vegas
The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.
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Tesla To Shorten Shanghai Shifts, Delay Hiring - Report
Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.
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German Car Giants And Asian Battery Kings: A Match Made In Hungary
Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.
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U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles
The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.
Read More →Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report
A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.
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Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023
Indonesia targets 20% of overall car sales in 2025 to be EVs
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