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Reuters
Dec 31, 2022, 11:52 AM
India will continue buying Russian oil and even look for term contracts as sanctions allow purchases provided that Western services are not used.
2 Min
Reuters | Dec 31, 2022Reliance Makes Rare Buy Of Russian Naphtha, Ups Fuel Oil ImportsReliance Industries is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports.2 mins read
Reuters | Dec 31, 2022Essar Group Plans Rs. 40,000 Cr. Petrochemical Complex In OdishaEssar Group plans to set up a Rs. 40,000 cr. petrochemical complex in the eastern state of Odisha in a tie-up with a global player.1 min read
Reuters | Dec 31, 2022G7 Coalition Agrees $60 Per Barrel Price Cap For Russian OilG7 nations and Australia said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.3 mins read
Reuters | Dec 31, 2022Oil Prices Climb On Tight Supply WorriesOil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.2 mins read
Reuters | Dec 31, 2022Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV DemandWolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.2 mins read
Reuters | Dec 31, 2022Oil Rises 4% On Supply Threats, Still Set For Weekly DropOil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.3 mins read- Reuters | Dec 31, 2022U.S. Commerce Aims To Seek Chips Funding Proposals By FebruaryThe 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.2 mins read
Reuters | Dec 31, 2022India's BPCL Plans To load Sokol Cargo In Sept - ReportIndian 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.1 min read
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Car News
car&bike Team | May 30, 2023Volvo Rolls Out New Safety Systems For Its Range Of TrucksVolvo Trucks has introduced new safety features, including Front Short Range Assist and door opening warning system in its CV range to comply with the upcoming European Union General Safety Regulation.2 mins read
car&bike Team | May 30, 2023Hyundai Motor Group and LG Energy Solution Announce $4.3 Billion Joint Venture for EV Battery Manufacturing in the USHyundai Motor Group and LG Energy Solution are forming a $4.3 billion joint venture to manufacture electric vehicle batteries with an annual capacity of 30 GWh.1 min read
car&bike Team | May 29, 2023New Lexus GX SUV To Debut On June 8Lexus has teased the new-gen GX revealing a part of the exterior design.1 min read
Amaan Ahmed | May 29, 2023Mahindra Thar 5-Door Launch Confirmed For 2024Following the launch of the rear-wheel-drive variant, Mahindra is currently focusing on ramping up production of the three-door Thar.4 mins read
Seshan Vijayraghvan | May 29, 2023MG Gloster Blackstorm Edition Launched In India; Prices Start At Rs. 40.29 LakhThe new MG Gloster Blackstorm edition is offered in both 2WD and 4WD trims, each available in both 6- and 7-seater options. Prices begin at Rs. 40.30 lakh (ex-showroom, Delhi).3 mins read
Electric Mobility
car&bike Team | Oct 23, 2020Tesla Being Courted To Invest By Multiple States In IndiaMany Indian states are now courting Tesla as it prepares to scale factories and production beyond China, Europe and the US.1 min read
Reuters | Oct 23, 2020Auto Start-ups Chasing Tesla Race Past Red Flags To Go PublicLining up on the success of Tesla, the new EV-related start-ups want to go public but few have products ready to sell or any likelihood of generating significant revenue anytime soon.1 min read
Seshan Vijayraghvan | Oct 22, 2020Piaggio Launches The Ape E-City Electric Auto In Thiruvananthapuram And KozhikodePiaggio India has launched its all-electric three-wheeler, the Ape E-City, in Thiruvananthapuram and Kozhikode, in Kerala.1 min read
car&bike Team | Oct 22, 2020Tesla CyberTruck To Get "Lots Of Improvements" Says MuskTesla has been making many improvements to the original design since the CyberTruck broke cover last November1 min read
car&bike Team | Oct 22, 2020LG Chem Working On Triple Cylindrical Cell BatteriesIt is considered to be something of a necessity for competitiveness in terms of range.1 min read
Auto Industry
Reuters | Jun 29, 2021EU Extends Investigation Into Samsung's EV Battery Plant In HungarySamsung SDI, an affiliate of South Korean tech giant Samsung Electronics Co Ltd, began production at the Hungarian plant in 2018, making batteries for 50,000 EVs a year.1 min read
Ameya Naik | Jun 29, 2021Two Classic Gordon Murray Designed Race Cars To Star At This Years Goodwood Festival of SpeedThe 1972 IGM F750 was the first race car that Gordon Murray designed after he arrived in the UK from South Africa in 1969.1 min read
car&bike Team | Jun 29, 2021Analysis: When Do Electric Vehicles Become Cleaner Than Gasoline Cars?Talking the example of a Tesla Model 3, the analysis says that a new EV owner will have to drive 13,500 miles (21,725 km) before their car does any less harm to the environment than a gas-guzzling saloon.1 min read
Ameya Naik | Jun 29, 2021Skoda Auto India To Double Sales By 2022To achieve this massive growth, Skoda also plans to launch a sedan as well which will be previewed by the end of this year and deliveries will start early next year.1 min read
Sameer Contractor | Jun 29, 2021Asia's Longest High-Speed Test Track Inaugurated At PithampurUnion Minister Prakash Javdekar virtually inaugurated Asia's longest high-speed test track at Pithampur in Indore. The NATRAX facility is 11.3 km long and also includes different test tracks to aid automotive and component testing.1 min read
Charanpreet Singh | Jun 29, 2021Fuel Prices Touch New Highs; Petrol Breaches Rs. 110/Litre Mark In Rajasthan's Sri GanganagarIn Rajasthan's Sri Ganganagar, petrol has breached Rs. 100-mark currently retails at Rs. 110.04 a litre while diesel soared to Rs. 102.42 per litre.1 min read
Seshan Vijayraghvan | Jun 29, 2021Over 70% Used Cars In India Are Sold For Under Rs. 5 Lakh: StudyMarket research firm Frost & Sullivan's new 'Indian Pre-owned Car Market Study' says that over 70 per cent of used cars in India are sold under the Rs. 5 lakh margin.1 min read
car&bike Team | Jun 29, 2021Chinese EV Battery Maker CATL Extends Deal With TeslaChinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025.1 min read
car&bike Team | Jun 28, 2021India To Allow Ethanol-Based Flex Engines In Vehicles, Launch Scheme In 3 months: Nitin GadkariIndia has decided to allow ethanol-based ''flex engines'', which power vehicles using local farm produce and not fossil fuels, and will be rolling out a scheme on the same in the next three months, Union Minister for Road Transport and Highway, Nitin Gadkari said.1 min read