Auto Industry
Reuters
Aug 22, 2022, 5:42 PM
Indian ride-hailing firm Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said.
1 Min
Reuters | Aug 22, 2022India's Maruti Suzuki Aims To Win Over SUV Buyers With New HatchbackMaruti Suzuki is betting that a bigger and more fuel efficient version of its small hatchback, Alto, can bring back buyers to a segment that long-dominated Indian roads but has recently lost its popularity to sports-utility vehicles (SUVs).2 mins read
Reuters | Aug 22, 2022Serbia, Kosovo Fail To Break Car Number Plate Impasse, Agree To More TalksThe leaders of Serbia and Kosovo failed to resolve differences fuelling tension between the estranged Balkan neighbours during talks, but they agreed to resume discussions ahead of a Sept. 1 deadline that could stoke further unrest.2 mins read
Reuters | Aug 22, 2022Oil Edges Off Low As Strong Export Demand Drains U.S. Crude StocksOil prices rose about 1.5% after hitting a six-month low, as a steeper-than-expected drawdown in U.S. crude stocks outweighed concerns over rising Russian output and exports as well as recession fears.2 mins read
Reuters | Aug 22, 2022India 10-Year Bond Yield Sees Biggest Drop In 2 Months Tracking OilIndian government bond yields declined, with the 10-year notes posting its biggest single day drop in two months in line with the slump in oil.2 mins read
Reuters | Aug 22, 2022US Tells India That Indian Ship Used To Reroute Russian-Linked Fuel To New YorkU.S. has expressed concern to India that it was used earlier this year to export fuel made from Russian crude to New York through high-seas transfers.1 min read
Reuters | Aug 22, 2022Venezuela To Support Reconstruction Of Cuban Port Damaged By Oil FireMaduro said that Venezuela would support Cuba in the reconstruction of its only supertanker port in Matanzas, which was partially destroyed by a fire after lightning struck one of the its crude tanks.1 min read
Reuters | Aug 22, 2022Amid Energy Crisis, EU Plans To Help Gas-Rich Mozambique Boost SecurityThe European Union is planning a five-fold increase in financial support to an African military mission in Mozambique, as Islamist attacks threaten gas projects meant to reduce the EU's reliance on Russian energy.3 mins read
Reuters | Aug 22, 2022Oil Costs Spur India To Produce Ethanol From Farm WasteIndia opened its first factory to produce ethanol from rice straw or stubble on Wednesday as part of measures to reduce its reliance on oil imports and meet its net zero carbon goal.2 mins read
