Auto Industry News

The Indian rupee was little changed as the benefit from a plunge in oil prices was countered by continued corporate demand for the dollar.

Ecuadorean state oil company Petroecuador said five people were injured in a fire caused by a leak in a pipeline that carries gas to a refinery in the South American country's Amazon region.

Investors are currently building a lithium hydroxide plant with 60,000 tonnes capacity in the heart of the nickel industry in Morowali

The reported move comes a day after Faraday Future appointed Xuefeng Chen as global chief executive officer

Following reports about IBW 2022 facing cancellation for not taking the necessary permissions, the organisers of the motorcycling festival have confirmed that the event will be held as planned. Now all permissions have been taken and it will be held in Vagator, Goa, on December 2 and 3, 2022.

Stellantis is investing heavily in EVs and plans to produce dozens in the coming decade, but Tavares warned last month that affordable battery EVs were between five and six years away.

South Korea needs critical mineral supplies, having pledged to become a battery manufacturing powerhouse by 2030

Adrian Mardell will take over as CEO on an interim basis