Auto Industry
Reuters
Dec 31, 2022, 4:19 PM
Moscow has repeatedly said it will not sell oil to countries that comply with the cap
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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
Reuters | Dec 31, 2022India To Remain Top Buyer Of Russia's Urals Crude In Dec - ReportIn November India accounted for about 53% of the total tanker shipments of the grade - the highest level on the record.2 mins read
Reuters | Dec 31, 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 31, 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 31, 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
