Auto Industry
Reuters
Aug 29, 2022, 10:57 PM
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "resilient" Russian supplies.
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Reuters | Aug 29, 2022Australia To Target Vehicle Emissions To Boost Electric Car SupplyAustralia's government said it plans to introduce new regulations targeting vehicle carbon emissions to boost the uptake of electric cars, as it looks to catch up with other developed economies.2 mins read
Reuters | Aug 29, 2022Musk Approaches Brain Chip Startup Synchron About Deal Amid Neuralink Delays -SourcesElon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch-up in the race to connect the human brain directly to machines, according to four people familiar with the matter.2 mins read
Reuters | Aug 29, 2022EV Maker Nikola Beats Revenue Estimates On Higher DeliveriesNikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.1 min read
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Reuters | Aug 29, 2022Foxconn To Build Autonomous Electric Tractors At Ohio FacilityTaiwan's Foxconn, the world's largest contract electronics maker, said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio, facility starting in early 2023.1 min read
Reuters | Aug 29, 2022Oil Settles Up As IEA Hikes 2022 Demand Growth ForecastOil prices settled up more than $2 after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil.2 mins read
Reuters | Aug 29, 2022Analysis-Oil Prices Turn More Volatile As Investors Exit The MarketTraders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.3 mins read
Reuters | Aug 29, 2022S.Korean EV Battery Maker SK On Raises $1.5 Billion In Expansion Push - ReportThe battery unit of energy group SK Innovation Co Ltd has been in talks with a local private equity consortium which includes EastBridge Partners, Korea Investment Partners and Stella Investment1 min read
