Auto Industry

Reuters
Oct 20, 2022, 5:02 PM
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.
4 Min
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
Reuters | Oct 19, 2022BYD Flags Huge Quarterly Profit Jump As China Sales Surge Past TeslaBYD's combined sales of pure electric and hybrid plug-in vehicles increased 250% in the first nine months to 1.2 million units.2 mins read
Jaiveer Mehra | Oct 19, 2022Porsche India Reports Deliveries Of 571 Units In 2022, Exceeds Previous Yearly Best from 2013The carmaker delivered 571 units in January to September 2022 exceeding its previous yearly best of 534 deliveries (Jan to Dec) reported in 2013.1 min read









































