Auto Industry
Reuters
Dec 31, 2022, 4:19 PM
The plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.
1 Min
Reuters | Dec 31, 2022LG Energy Solution To Invest $3.1 Billion In S.Korea Battery FacilityThe project in Ochang, South Korea, will include R&D and production facilities and related infrastructure1 min read
Reuters | Dec 31, 2022Russian Oil Sold To India Below Price Cap In Buyers' MarketThe European Union ban on imports of Russia's seaborne oil from Dec. 5 has driven Moscow to seek alternative markets, mainly in Asia, for about 1 million barrels per day.3 mins read
Reuters | Dec 31, 2022India Cuts Windfall Tax On Crude, Aviation FuelIt cut the tax on locally produced crude oil steeply to 1,700 rupees ($20.52) per tonne from 4,900 rupees, effective Friday1 min read- Reuters | Dec 31, 2022Kremlin Says It Is Finalising Last Details Of Response To Oil Price CapMoscow has repeatedly said it will not sell oil to countries that comply with the cap0 mins read
Reuters | Dec 31, 2022Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo ReportsJapan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.2 mins read
Reuters | Dec 31, 2022Battery Maker Envision AESC Seeking Potential Investors To Fund ExpansionJapan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.2 mins read
Reuters | Dec 31, 2022U.S., EU Launch Formal Group To Discuss Conflict Over EV SubsidiesThe talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the EV market.1 min read
Reuters | Dec 31, 2022India Preparing To Launch 20% Ethanol With Gasoline - ReportIndia currently mixes 10% ethanol with gasoline1 min read
