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car&bike Team
Dec 18, 2022, 8:22 PM
The GST council has provided a nationwide definition of what SUVs qualify for the highest rate of tax (GST and cess) in all states.
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Reuters | Dec 18, 2022India Sees No Hit To Fuel Exports From EU Feb 5 Action On Russian Imports - Oil SecretaryIndian 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.1 min read
Reuters | Dec 18, 2022Oil Slumps By Over $2/bbl, Dogged By Recession FearsOil 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.2 mins read
Reuters | Dec 18, 2022U.S. Finalizes $2.5 Billion Loan To GM, LG Battery Joint VentureThe loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan.2 mins read
Reuters | Dec 18, 2022China's BYD To Launch A Second New EV Brand In 2023 - ExecutiveThe new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 20231 min read
Reuters | Dec 18, 2022Electric Vehicles Confront The Leap To The Mass MarketThe automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.3 mins read
Reuters | Dec 18, 2022Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance ChiefThe carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years0 mins read
Reuters | Dec 18, 2022U.S. Opens Safety Probe Into Autonomous Driving System In GM's Cruise VehiclesThe 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."3 mins read
Reuters | Dec 18, 2022India's e-Bus Ambition Hits Financing Speed BumpIndia 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).3 mins read
