Latest News

Reuters

Mar 26, 2023, 6:42 PM

Battery Maker Northvolt In Talks For Over $5 Billion In Financing - Report

As per a report, the company is negotiating with a number of banks to raise the amount and an agreement could be reached later this year

0 Min

• 
  Reuters | Mar 26, 2023

  Maruti Suzuki India To Hike Prices To Pass On Input Cost Pressures

  The hike in prices will come into effect from April though the carmaker has not revealed the quantum of hike or the models affected.

  0 mins read
• 
  Reuters | Mar 26, 2023

  Oil Drops 1% As US In No Rush To Refill Strategic Reserve

  Brent crude futures fell by 78 cents to settle at $75.91 a barrel. U.S. West Texas Intermediate crude futures slid by 94 cents, to end the session at $69.96 a barrel.

  0 mins read
• 
  Reuters | Mar 26, 2023

  Factbox: The Battle Over Russia's Crude And Oil Products

  According to the International Energy Agency (IEA), Russia's total exports of oil and petroleum products in February 2023 fell to 7.5 million barrels per day (bpd), from an average amount of 7.7 million bpd in 2022 (7.5 million bpd in 2021).

  0 mins read
• 
  Reuters | Mar 26, 2023

  Joby Aviation Names Former FAA Administrator As Director

  Joby Aviation is developing electric aircraft with vertical take-off and landing capabilities to be used as air taxis with plans to commence commercial passenger services from 2025

  0 mins read
• 
  Reuters | Mar 26, 2023

  China's CATL To Start Mass Output Of M3P Batteries This Year

  CATL disclosed in August last year that it was working on M3P technology, which can enable an electric vehicle to run 700 km (430 miles) per charge when combined with CATL's next generation of battery-pack technology.

  0 mins read
• 
  Reuters | Mar 26, 2023

  Rivian To Relocate Staff To Illinois EV Plant To Accelerate Production - Report

  The reorganization, expected to be announced soon, would mean those working on manufacturing engineering would be asked to relocate to central Illinois or its headquarters in Irvine, California

  0 mins read
• 
  Reuters | Mar 26, 2023

  Lula's China Trip To Promote BYD Takeover Plan For Brazil Ford Factory

  The deal hinges on a final agreement with Ford Motor Co, which still owns the plant in Bahia state despite halting production in Brazil in 2021

  0 mins read
• 
  car&bike Team | Mar 25, 2023

  Kawasaki Reportedly Developing Hydrogen Technology For Engines

  The manufacturer had revealed a prototype earlier that was based on the supercharged four-cylinder engine from the H2.

  2 mins read