Auto Industry
Reuters
Oct 20, 2022, 6:58 PM
Mercedes will receive on average 10,000 tons of battery-grade lithium hydroxide per year.
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Reuters | Oct 20, 2022Biden Awards $2.8 Billion To Boost U.S. Minerals Output For EV BatteriesThe 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.3 mins read
Reuters | Oct 20, 2022Automakers Need More Time To Meet U.S. Minerals Requirements For EVs - ExecsThe 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 2026.4 mins read
car&bike Team | Oct 20, 2022Honda Motorcycle and Scooter India To Launch Flex-Fuel Engined MotorcycleHonda Motorcycle and Scooter India confirms that it will launch a motorcycle with flex-fuel engine.2 mins read
Reuters | Oct 20, 2022Tesla Investors To Focus On Demand Issues In Earnings ReportDecades-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.2 mins read
car&bike Team | Oct 19, 2022Delhi Metro Rail Corporation And Sun Mobility Flag Off Electric Auto Fleet In DelhiThe Delhi Metro Rail Corporation (DMRC) and Sun Mobility flagged off a fleet of electric autos with swappable batteries for last mile connectivity in Dwarka, Delhi.1 min read
Reuters | Oct 19, 2022Oil Prices Settle Lower On U.S. Supply, Lower China DemandBrent 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 Tuesday2 mins read
Reuters | Oct 19, 2022Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating VolkswagenAs 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.1 min read
Reuters | Oct 19, 2022Stellantis Eyeing Two More North American Battery Plants By 2030The automaker has already announced two joint-venture battery plants - one in Indiana and the other in Canada.1 min read
