Auto Industry

Reuters

Sep 11, 2022, 3:42 PM

Tesla Considering Lithium Refinery In Texas, Seeks Tax Relief

Tesla is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles.

2 Min

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  Reuters | Sep 11, 2022

  Oil Sinks As Demand Fears Take Steam Out Of OPEC-Led Rally

  Oil prices fell as concern returned about the prospect of more interest rate hikes and COVID-19 lockdowns weakening fuel demand, reversing a two-day rally on OPEC+'s first output target cut since 2020.

  2 mins read
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  Reuters | Sep 10, 2022

  Oil Edges Up From Seven-Month Low As Russia Threatens Export Halt

  Crude prices edged up about 1% after dropping to a seven-month low in the prior session as some technical traders bought the dip and Russia threatened to halt oil and gas exports to some buyers.

  3 mins read
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  Reuters | Sep 10, 2022

  Chasing Green Goals, Corporations Push Car Fleet Managers Toward EVs

  Large corporations are jumping on the "green" bandwagon left and right, which in turn is pushing firms that lease and manage car fleets to convert to electric vehicles (EVs) faster than they had ever thought possible.

  4 mins read
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  Reuters | Sep 10, 2022

  Tesla To Host Town Hall Event Near Brandenburg Plant On Sunday

  Tesla will launch an open-door event on Sunday for its workers to inform local residents about the progress and environmental footprint at its German gigafactory in Gruenheide.

  1 min read
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  Reuters | Sep 10, 2022

  Other Nations Weighing G7 Russia Oil Price Cap, U.S.'s Adeyemo Says

  A number of oil-importing countries are considering joining the G7's plan to cap the price of Russian oil.

  2 mins read
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  Reuters | Sep 10, 2022

  Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV Demand

  Wolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.

  2 mins read
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  Reuters | Sep 10, 2022

  Uber Partners With Nuro In Push For Autonomous Food, Grocery Delivery

  Uber has partnered with Nuro to test food delivery via unmanned vehicles in some U.S. locations.

  1 min read
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  Reuters | Sep 10, 2022

  Oil Rises 4% On Supply Threats, Still Set For Weekly Drop

  Oil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.

  3 mins read