Auto Industry
Reuters
Dec 24, 2022, 11:43 PM
Brent crude futures settled at $77.99 a barrel, gaining $1.89 or 2.5%. U.S. West Texas Intermediate crude settled at $73.17 a barrel, rising $2.15, or 3%.
3 Min
Reuters | Dec 24, 2022Oil Tankers Waiting To Pass Through Istanbul Strait Fall To 13: ReportA Turkish measure in force since the start of the month has caused shipping delays. It requires vessels to provide proof of insurance covering the duration of their transit through the Bosphorus Strait or when calling at Turkish ports.1 min read
Reuters | Dec 24, 2022Turkey Oil Tanker Logjam Snarls Russia Oil SanctionsA total of 28 oil tankers are in a queue seeking to leave the Bosporus and Dardanelles straits, the Tribeca shipping agency said.3 mins read
Reuters | Dec 24, 2022Nikola To Sell Up To 75 Hydrogen-Powered Trucks To Plug PowerElectric vehicle (EV) makers are looking to capitalize on tax incentives provided by the U.S. Inflation Reduction Act (IRA) to lower costs of adopting EVs for commercial purposes.1 min read
Reuters | Dec 24, 2022Indian Luxury Car Dealer Landmark IPO Oversubscribed By Threefold Shares On OfferInvestors bid for 24.6 million shares by the final day of bidding, 3.1 times the 8 million shares on offer, exchange data showed.2 mins read
Reuters | Dec 24, 2022Nikola Founder Seeks New Trial, Says Juror Concealed Bias Against WealthyMilton told U.S. District Judge Edgardo Ramos in court papers that the juror's Twitter and Facebook pages were "riddled with attacks on wealthy executives"2 mins read
Reuters | Dec 24, 2022Faraday Future Slides On Signaling Need For Funds To Start ProductionThe company is one of the many EV startups struggling to launch its products as a bleak global growth outlook and a funding squeeze dented production schedules and compounded losses.1 min read
Reuters | Dec 24, 2022Self-Driving Trucking Firm TuSimple Appoints CFO, Reconstitutes Audit PanelThe company reappointed former chief executive Cheng Lu as its top boss last month after it fired his predecessor Xiaodi Hou following a probe.1 min read
Reuters | Dec 24, 2022Tesla Plans To Announce Mexico EV Plant Soon - ReportThe plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.1 min read
