Auto Industry
Reuters
Dec 1, 2022, 5:11 AM
In Poland's late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating fuel in queues reminiscent of communist times.
3 Min
Reuters | Dec 1, 2022Factbox-Automakers Accelerate Drive To Secure Battery Raw MaterialsRising demand for EV around the world is encouraging automakers such as Tesla, Volkswagen and Stellantis NV to step up efforts to secure raw materials needed for making batteries.4 mins read
Reuters | Dec 1, 2022China's CATL To Develop New Battery Materials To Improve Energy Density - ReportCATL is working on new battery materials that can improve energy density by 10% to 20% compared to iron phosphate batteries.1 min read
Reuters | Dec 1, 2022Oil Prices Rise On Signals OPEC Might Cut OutputOil prices ended higher, boosted by signals that OPEC could cut output.2 mins read
Reuters | Dec 1, 2022Global Market For EV Batteries Expected To Reach $250 Billion By 2030 - ReportThe global market for electric vehicle (EV) batteries is expected to reach $250 billion by 20300 mins read
Reuters | Dec 1, 2022Oil Prices Sink $2/bbl On Possible Iran Oil Exports, Rising Interest RatesOil 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 exports2 mins read
Reuters | Dec 1, 2022Amazon Signs Green Hydrogen Supply Deal With Plug PowerThe 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.1 min read
Reuters | Dec 1, 2022California To End Sales Of Gasoline-Only Cars By 2035California Governor Gavin Newsom first announced the plan to phase out vehicles that run only on gasoline by 2035 in September 2020.3 mins read
Reuters | Dec 1, 2022Tesla Shares Close Lower After 3-1 Stock SplitThe 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. 172 mins read
