About Reuters
Articles of Reuters
Self-Driving Trucking Firm TuSimple Appoints CFO, Reconstitutes Audit Panel
The company reappointed former chief executive Cheng Lu as its top boss last month after it fired his predecessor Xiaodi Hou following a probe.
Read More →
Tesla Plans To Announce Mexico EV Plant Soon - Report
The plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.
Read More →
LG Energy Solution To Invest $3.1 Billion In S.Korea Battery Facility
The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure
Read More →
Russian Oil Sold To India Below Price Cap In Buyers' Market
The European Union ban on imports of Russia's seaborne oil from Dec. 5 has driven Moscow to seek alternative markets, mainly in Asia, for about 1 million barrels per day.
Read More →
India May Split Planned Mega Refinery To Various Sites - Report
Aramco and ADNOC joined a consortium of Indian state-run firms in 2018 to set up a 1.2 million barrels-per-day coastal refinery and petrochemical plant in western Maharashtra, seeking a reliable outlet for their oil.
Read More →
India Cuts Windfall Tax On Crude, Aviation Fuel
It cut the tax on locally produced crude oil steeply to 1,700 rupees ($20.52) per tonne from 4,900 rupees, effective Friday
Read More →Kremlin Says It Is Finalising Last Details Of Response To Oil Price Cap
Moscow has repeatedly said it will not sell oil to countries that comply with the cap
Read More →
Tesla To Start Mass Production Of The Cybertruck At The End Of 2023
Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck.
Read More →
Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports
Japan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.
Read More →
Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion
Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.
Read More →
U.S., EU Launch Formal Group To Discuss Conflict Over EV Subsidies
The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the EV market.
Read More →
India Preparing To Launch 20% Ethanol With Gasoline - Report
India currently mixes 10% ethanol with gasoline
Read More →
India To Remain Top Buyer Of Russia's Urals Crude In Dec - Report
In November India accounted for about 53% of the total tanker shipments of the grade - the highest level on the record.
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.
Read More →
Oil Slumps By Over $2/bbl, Dogged By Recession Fears
Oil prices briefly erased some losses after officials said the U.S. Energy Department will repurchase 3 million barrels of domestic crude oil for the Strategic Petroleum Reserve.
Read More →
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.
Read More →
China's BYD To Launch A Second New EV Brand In 2023 - Executive
The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023
Read More →
Electric Vehicles Confront The Leap To The Mass Market
The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.
Read More →
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
Read More →
U.S. Opens Safety Probe Into Autonomous Driving System In GM's Cruise Vehicles
The National Highway Traffic Safety Administration (NHTSA) said it has received notices of incidents in which self-driving Cruise vehicles "may engage in inappropriately hard braking or become immobilized."
Read More →
