Auto Industry News
In Poland, Where Coal Is King, Homeowners Queue For Days To Buy Fuel
In Poland's late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating fuel in queues reminiscent of communist times.
India's Reliance Unveils $9.4 Billion Plan To Boost Oil To Chemicals
Aug 30, 2022 04:07 AM
Reliance Industries Ltd, operator of the world's biggest refining complex, will invest 750 billion rupees ($9.38 billion) over 5 years to expand its oil to chemical business, its chairman Mukesh D Ambani said.
2022 Ducati Panigale V4, V4 S, V4 SP2 Launched In India; Prices Start At Rs 26.49 Lakh
Aug 30, 2022 06:09 PM
The 2022 Panigale range gets a number of updates over the 2021 bike including changes to the engine and a new gearbox.
Factbox-Automakers Accelerate Drive To Secure Battery Raw Materials
Aug 29, 2022 11:46 PM
Rising demand for EV around the world is encouraging automakers such as Tesla, Volkswagen and Stellantis NV to step up efforts to secure raw materials needed for making batteries.
China's CATL To Develop New Battery Materials To Improve Energy Density - Report
Aug 29, 2022 11:46 PM
CATL is working on new battery materials that can improve energy density by 10% to 20% compared to iron phosphate batteries.
Ford Cuts 3,000 Jobs As It Pivots To EVs, Software
Aug 29, 2022 11:46 PM
Ford will cut a total of 3,000 jobs, mostly in North America and India, as it restructures to catch up with Tesla.
Xiaomi In Talks With BAIC To Produce Electric Cars - Report
Aug 29, 2022 11:46 PM
Xiaomi is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co (BAIC).
Oil Prices Rise On Signals OPEC Might Cut Output
Aug 29, 2022 11:45 PM
Oil prices ended higher, boosted by signals that OPEC could cut output.
Marketmind: No Respite From The R Word
Aug 29, 2022 11:45 PM
A look at the day ahead in European and global markets from Anshuman Daga
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