Auto Industry News

The global market for electric vehicle (EV) batteries is expected to reach $250 billion by 2030

Oil prices slumped by about $2 a barrel on Thursday in volatile trade as investors braced for the possible return to global markets of sanctioned Iranian oil exports

The world's largest online retailer said that it uses hydrogen to power over 15,000 fuel-cell propelled forklifts, and plans to increase that number to 20,000 units in three years.

California Governor Gavin Newsom first announced the plan to phase out vehicles that run only on gasoline by 2035 in September 2020.

The stock opened at $302 and closed at $296.07 as the split allowed investors to get two additional shares for each they owned as of Aug. 17

Oil prices ended Wednesday higher after a volatile trading session. Brent crude settled up $1.00 to $101.22 while U.S. crude settled up $1.15 to $94.89 a barrel.

Oil prices dropped about 4% as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week's meeting of OPEC and its producer allies on supply.

OPEC+ sees this year's oil market as slightly less supplied than previously thought, a day ahead of a meeting at which the producer group is set to decide on its production policy for next month.