Latest News
Sahil Gupta
Nov 30, 2022, 10:44 PM
Executives at Lucid Motors believe that with economies of scale and reduction in features, a more affordable EV can be created.
1 Min
Sahil Gupta | Nov 30, 2022Porsche 718 Boxster EV Prototype Breaks CoverThere are plans to launch this vehicle by 2025 as the current generation of the Boxster 718 has been in production since 2016 and is based on the internal combustion engine.1 min read
Sahil Gupta | Nov 30, 2022GM Launching New Electric Corvette Range In 2025From what GM has indicated there could be two different powertrains and body styles for the Corvette in the near future.1 min read
Reuters | Nov 30, 2022India Panel To Favour Linking Local Gas Prices To Local Crude Basket - ReportThe panel is expected to recommend a floor of about $4 per million British thermal units (mmBtu) and a ceiling of $6.50/mmBtu2 mins read
Reuters | Nov 30, 2022Faraday Future Appoints Xuefeng Chen As Global CEOChen, 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.1 min read
Reuters | Nov 30, 2022Mazda unveils $11 Billion EV Spending Plan, Considers Investing In Battery ProductionThe company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 20302 mins read
Reuters | Nov 30, 2022Oil Falls On China COVID Curbs And Weak Factory DataOil 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.2 mins read
Reuters | Nov 30, 2022EV Battery Production Faces Supply Chain, Geopolitical Headwinds: ReportOriginal 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 2030.1 min read
Reuters | Nov 30, 2022Indonesia Hikes Fuel Prices To Rein In Ballooning SubsidiesIndonesia raised subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.3 mins read
