Auto Industry
Reuters
Oct 21, 2022, 4:21 PM
Oil prices were near flat during a choppy trading session on Thursday, as worries about inflation dampening demand for oil contended with news that China is considering easing COVID-19 quarantine measures for visitors.
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Reuters | Oct 21, 2022Tesla Seeks To Ease Demand Concerns Over Likely 2022 Delivery Target MissChief Executive Elon Musk told analysts on a conference call there was excellent demand in the fourth quarter, addressing investors' concerns that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.3 mins read
Reuters | Oct 21, 2022China's CATL Slows Battery Investment Plan For U.S., Mexico - ReportThe world's largest battery maker, which supplies one of every three electric vehicles, has been considering opening new plants in the United States and Mexico since earlier this year3 mins read
Reuters | Oct 21, 2022Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production2 mins read
Shubham Parashar | Oct 20, 2022SIAM Hosts International Conference On BiofuelsThe Government of India has mandated SIAM for taking promotional measures for ethanol in the country jointly with the Ministry of Heavy Industries (MHI) as a Transportation Fuel.2 mins read
car&bike Team | Oct 20, 2022Ashok Leyland Showcases New Jeet 4x4, Light Bullet Proof Vehicle At DefExpo 2022Compared to the commercially available Jeet, the 4x4 gets additional ground clearance, larger wheels, off-road centric tyres and an extended cab.1 min read
Reuters | Oct 20, 2022Two Oil Wells Operated By Nigeria's Eroton On Fire -Oil Spills AgencyThe National Oil Spills Detection and Response Agency (NOSDRA) said the fire broke out at two wells in Rivers state, in the Niger Delta. A boat suspected to have been engaging in theft of crude oil was burnt to ashes at the site.1 min read
Reuters | Oct 20, 2022Oil Jumps More Than 3% Ahead Of OPEC+ Meeting On Supply CutsThe Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, look set to cut output when they meet on Wednesday. The move would squeeze supply in an oil market that energy company executives and analysts say is already tight due to healthy demand, a lack of investment and supply problems.3 mins read
Reuters | Oct 20, 2022France Taps Strategic Fuel Reserves As Refinery Strike Grinds OnGovernment spokesman Olivier Veran acknowledged "tensions" but said there was no shortage of fuel stocks at a national level. He urged consumers not to panic-buy petrol.2 mins read
