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Leak In Ecuador State Firm's Gas Pipeline Ignites Fire, Five Injured
Ecuadorean state oil company Petroecuador said five people were injured in a fire caused by a leak in a pipeline that carries gas to a refinery in the South American country's Amazon region.
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Indonesia Says Lithium, Anode Plants Are Being Built To Support EV Ambitions
Investors are currently building a lithium hydroxide plant with 60,000 tonnes capacity in the heart of the nickel industry in Morowali
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Faraday Future Product Head Resigns - Report
The reported move comes a day after Faraday Future appointed Xuefeng Chen as global chief executive officer
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Stellantis Looks To India For Affordable EVs For Europe
Stellantis is investing heavily in EVs and plans to produce dozens in the coming decade, but Tavares warned last month that affordable battery EVs were between five and six years away.
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Australian Battery Metal Players Key To South Korea's EV Ambition
South Korea needs critical mineral supplies, having pledged to become a battery manufacturing powerhouse by 2030
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Tata Motors' JLR Says CEO Bollore To Resign
Adrian Mardell will take over as CEO on an interim basis
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AMD Chip To Power Auto Supplier Aisin’s New Automated Car Parking System
The chip is called the Zynq UltraScale+ MPSoC and was developed by Xilinx, which was acquired by AMD this year.
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South Korea Warns Of Supply Disruptions, Economic Damage If Truckers Strike
South Korea Warns Of Supply Disruptions, Economic Damage If Truckers Strike
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India Panel To Favour Linking Local Gas Prices To Local Crude Basket - Report
The panel is expected to recommend a floor of about $4 per million British thermal units (mmBtu) and a ceiling of $6.50/mmBtu
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Faraday Future Appoints Xuefeng Chen As Global CEO
Chen, who was most recently the CEO of the company's China division and has spent nearly two decades in the automotive industry, succeeds Carsten Breitfeld, who was removed from the role by the board, the company added in a filing.
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Mazda unveils $11 Billion EV Spending Plan, Considers Investing In Battery Production
The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030
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Oil Falls On China COVID Curbs And Weak Factory Data
Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country's widening COVID-19 curbs will curtail demand.
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EV Battery Production Faces Supply Chain, Geopolitical Headwinds: Report
Original equipment manufacturers' battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030.
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Indonesia Hikes Fuel Prices To Rein In Ballooning Subsidies
Indonesia raised subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.
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Shenzhen Shuts Most Public Transport As China Battles Multiple Outbreaks
The main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.
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India's BPCL Plans To load Sokol Cargo In Sept - Sources
Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia's Sokol crude oil this month, sources familiar with the deal said.
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U.S. Commerce Aims To Seek Chips Funding Proposals By February
The U.S. Commerce Department said it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production.
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India Says Importing Russian Oil Part Of Inflation Management
India's finance minister said that importing Russian oil was part of the country's inflation-management strategy and that other countries were doing something similar.
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Stellantis, GME Resources Seal Nickel And Cobalt Deal For Battery Production
The deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction.
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Many U.S. Drivers Treat Partially Automated Cars As Self-Driving- Study
The IIHS study of 600 active users found 53% of Super Cruise, 42% of Autopilot and 12% of ProPILOT Assist owners "said that they were comfortable treating their vehicles as fully self-driving."
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