Auto Industry
Reuters
Oct 21, 2022, 4:00 PM
The 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 year
3 Min
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
Reuters | Oct 20, 2022OPEC+ Agrees Deep Oil Production Cuts, Biden Calls It ShortsightedOPEC's de-facto leader Saudi Arabia said the cut of 2 million barrels per day (bpd) of output - equal to 2% of global supply - was necessary to respond to rising interest rates in the West and a weaker global economy.3 mins read
Sameer Contractor | Oct 20, 2022Delhi De-registered Over 50 Lakh Old Vehicles In 2022: ReportThe Delhi Transport body de-registered over 53 lakh vehicles between 2018 and October 2022. These vehicles had reached their respective end of life and as per norms, diesel vehicles have a 10-year age limit while petrol vehicles have a 15-year age limit in the national capital.2 mins read
