Auto Industry News

Global Market For EV Batteries Expected To Reach $250 Billion By 2030 - Report
Aug 29, 2022 11:45 PM
The global market for electric vehicle (EV) batteries is expected to reach $250 billion by 2030

Cuba Asks For U.S. Technical Assistance In Oil fire Clean-Up
Aug 29, 2022 11:45 PM
Cuba seeks U.S. technical assistance in cleaning up after a massive fire at an oil storage facility that killed 16 fire fighters.

Planning To Buy A Used Volkswagen Vento? You Must Consider These Pros And Cons
Aug 29, 2022 11:25 PM
If you are looking for a capable used compact sedan the Volkswagen Vento can be a good option to consider. However, before you start looking for one, here are some pros and cons you must know about.

Oil Prices Sink $2/bbl On Possible Iran Oil Exports, Rising Interest Rates
Aug 29, 2022 11:06 PM
Oil prices slumped by about $2 a barrel on Thursday in volatile trade as investors braced for the possible return to global markets of sanctioned Iranian oil exports

Amazon Signs Green Hydrogen Supply Deal With Plug Power
Aug 29, 2022 11:06 PM
The world's largest online retailer said that it uses hydrogen to power over 15,000 fuel-cell propelled forklifts, and plans to increase that number to 20,000 units in three years.

California To End Sales Of Gasoline-Only Cars By 2035
Aug 29, 2022 11:06 PM
California Governor Gavin Newsom first announced the plan to phase out vehicles that run only on gasoline by 2035 in September 2020.

Tesla Shares Close Lower After 3-1 Stock Split
Aug 29, 2022 11:05 PM
The stock opened at $302 and closed at $296.07 as the split allowed investors to get two additional shares for each they owned as of Aug. 17

India's Top Refiner To Spend $25 Billion For 2046 Net-Zero Goal
Aug 29, 2022 11:05 PM
India, one of the world's biggest greenhouse gas emitters, is aiming to reach net-zero emissions for the country by 2070.

Oil Ends Higher On U.S. Response To Iran Nuclear Deal Comments
Aug 29, 2022 11:05 PM
Oil prices ended Wednesday higher after a volatile trading session. Brent crude settled up $1.00 to $101.22 while U.S. crude settled up $1.15 to $94.89 a barrel.

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