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Oil Prices Settle Lower On U.S. Supply, Lower China Demand
Brent crude futures settled down 1.7%, to $90.03 per barrel, while U.S. West Texas Intermediate (WTI) crude settled down 3.1%, to $82.82 per barrel on Tuesday
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Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating Volkswagen
As per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.
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Stellantis Eyeing Two More North American Battery Plants By 2030
The automaker has already announced two joint-venture battery plants - one in Indiana and the other in Canada.
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BYD Flags Huge Quarterly Profit Jump As China Sales Surge Past Tesla
BYD's combined sales of pure electric and hybrid plug-in vehicles increased 250% in the first nine months to 1.2 million units.
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E-Bus Deal Puts Oslo On Track For Zero-Emissions Public Transport Goal
The transport push entails replacing its diesel-fuelled buses with 450 electric ones, under a 500 million crown ($47 million) programme
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Vietnam's VinFast Recalls A Third Of Its Sold EVs To Replace Sensors
VinFast, which began operations in 2019, is a unit of Vietnam's biggest conglomerate Vingroup and has sold 2,208 EVs in total since its launch late last year.
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Indian Car Makers Propose Tax Cut On Imports In Trade Deal With Britain
Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal with Britain.
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Amazon Abandons Live Tests Of Scout Home Delivery Robot
Amazon set to stop live tests of its automated delivery robot "Amazon Scout".
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Wall Street Opens Fourth Quarter On High Note As Oil Surges
U.S. stocks rose sharply on the first day of trading of the fourth quarter as volatile swings continued to dominate markets.
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Musk Reverses Course, Again: He's Ready To Buy Twitter, Build 'X' App
Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc
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India's Fuel Demand Slips To 10-Month Low In September
India's monthly fuel demand in September was at the lowest since November 2021.
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Oil Jumps 4% To 5-Week High Lifted By OPEC+ Output Cut
Oil prices jumped about 4% to a five-week high, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern about a possible recession and rising interest rates.
Read More →Oil Jumps 4% To 5-Week High Lifted By OPEC+ Output Cut
Oil prices jumped about 4% to a five-week high, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern about a possible recession and rising interest rates.
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Twitter Surges As Musk Proposes Going Through With Deal
Twitter Inc's stock surged after billionaire Elon Musk proposed to go ahead with his takeover of the social media platform at $54.20 per share.
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Envision Sees Cost Of Electric Cars At Parity By 2025/26
The cost of making electric cars will reach parity with internal combustion cars by around 2025/26, the head of Envision Racing forecast.
Read More →Tesla Will Not Start German Mass Battery Production Before 2024 - Report
Tesla will not start mass production of battery cells at its European gigafactory near Berlin before 2024.
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Oil Prices Fall More Than 3% On Recession Worries
Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target.
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Mercedes-Benz And Microsoft Collaborate On Supply Chain Data Platform
Mercedes-Benz and Microsoft announced a partnership intended to improve production efficiency at over 30 passenger car plants globally
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India Passenger Vehicle Sales Nearly Double In September
Passenger vehicle sales for September in India nearly doubled to 307,389 units from a year ago.
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Bajaj Auto Tops Q2 Profit Estimates On Higher Prices, Domestic Demand
Bajaj Auto reported a bigger-than-expected rise in second-quarter profit.
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