Auto Industry

Reuters

Oct 27, 2022, 1:42 PM

Mercedes Signs Deal With Rock Tech Lithium To Push e-Vehicle Drive

Mercedes will receive on average 10,000 tons of battery-grade lithium hydroxide per year.

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  Reuters | Oct 27, 2022

  Biden Awards $2.8 Billion To Boost U.S. Minerals Output For EV Batteries

  The grants, which are going to projects across at least 12 states, mark the latest push by the Biden administration to help reduce the country's dependence on China and other nations for the building blocks of the green energy revolution.

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  Reuters | Oct 27, 2022

  Automakers Need More Time To Meet U.S. Minerals Requirements For EVs - Execs

  The Inflation Reduction Act, as currently written, requires automakers to have 50% of critical minerals used in EV batteries come from North America or U.S. allies by 2024, rising to 80% by the end of 2026.

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  Reuters | Oct 27, 2022

  Tesla Investors To Focus On Demand Issues In Earnings Report

  Decades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla can buck an economic slowdown and continue to raise prices without hurting its sales.

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  Reuters | Oct 27, 2022

  Oil Prices Settle Lower On U.S. Supply, Lower China Demand

  Brent crude futures settled down 1.7%, to $90.03 per barrel, while U.S. West Texas Intermediate (WTI) crude settled down 3.1%, to $82.82 per barrel on Tuesday

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  Reuters | Oct 27, 2022

  Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating Volkswagen

  As per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.

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  Reuters | Oct 27, 2022

  Stellantis Eyeing Two More North American Battery Plants By 2030

  The automaker has already announced two joint-venture battery plants - one in Indiana and the other in Canada.

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  Reuters | Oct 27, 2022

  BYD Flags Huge Quarterly Profit Jump As China Sales Surge Past Tesla

  BYD's combined sales of pure electric and hybrid plug-in vehicles increased 250% in the first nine months to 1.2 million units.

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  Reuters | Oct 27, 2022

  E-Bus Deal Puts Oslo On Track For Zero-Emissions Public Transport Goal

  The transport push entails replacing its diesel-fuelled buses with 450 electric ones, under a 500 million crown ($47 million) programme

  1 min read