Auto Industry

Reuters

Oct 27, 2022, 6:44 PM

PepsiCo Confirms Tesla Semi Truck Deliveries To Start In December

PepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and reserved 100 of the trucks in 2017.

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  Reuters | Oct 27, 2022

  Toshiba India To Supply Batteries For EVage's Electric Vans

  This is the first deployment of lithium titanium oxide (LTO) cells into commercial delivery vans and will help EVage vehicles with battery safety and performance, the companies said.

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  car&bike Team | Oct 27, 2022

  Hyundai Motor India Delivers Over 65,000 Cars In Festive Season 2022

  One of India’s largest car manufacturers, Hyundai Motor India, reported that it delivered approximately 65,000 cars across segments from the first day of Navratri that is September 26, 2022 till Bhai Duj, that was on October 26, 2022.

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  Reuters | Oct 27, 2022

  Gas Price Cap Deal Eludes EU Countries, For Now

  The 27-country EU is plotting its next move to tame soaring energy prices and shield consumers from surging bills, as Europe heads into a winter of scarce Russian gas, a cost of living crisis and the looming threat of recession.

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  Reuters | Oct 27, 2022

  Benchmark Yield At Near 4-Month High On Spike In U.S. Yields, Oil

  The high oil prices have a direct impact on inflation in India, one of the largest importers of the commodity.

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  Reuters | Oct 27, 2022

  Oil Falls By Nearly 2% As Recession Fears Outweigh Tight Supply Prospects

  Oil prices fell amid comments from U.S. Federal Reserve officials about rising interest rates and their effect on the economy.

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  Reuters | Oct 27, 2022

  Iran Toughens Crackdown As Some Oil Workers Reported To Join Protests

  Protests have swept Iran since Mahsa Amini, a 22-year-old from Iran's Kurdish region, died on Sept. 16 while being held for "inappropriate attire", marking one of the boldest challenges to the Islamic Republic since the 1979 revolution.

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  Reuters | Oct 27, 2022

  Oil Settles Lower On China COVID Flare-Up, Recession Fear

  World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem.

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  Reuters | Oct 27, 2022

  Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion

  Japan-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.

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