Auto Industry
car&bike Team
Jul 25, 2022, 4:00 PM
Carmaker has received tax breaks and other incentives for the U.S. state and other local government bodies to set-up new 3 lakh unit per year EV factory.
2 Min
Reuters | Jul 25, 2022India's Reliance Industries Profit Surges, Powered By Oil BusinessReliance emerged as one of the key buyers of discounted Russian crude after some Western buyers shunned it following Moscow's invasion of Ukraine in late February.2 mins read
Reuters | Jul 25, 2022Indian Refiners' June Crude Processing Stays Robust, Output SlipsThroughput in June was about 4.7% lower than last month, but up over 17% year-on-year to 5.27 million barrels per day (21.58 million tonnes).2 mins read
car&bike Team | Jul 25, 2022BMW G 310 RR To Be Exported To China From IndiaBMW G 310 RR will be manufactured by TVS in its Hosur plant, and BMW Motorrad will soon start exporting it to China and other countries.2 mins read
Reuters | Jul 24, 2022Putin Discusses Oil Market With Saudi Crown Prince Who Hosted Biden Last WeekRussian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman spoke by phone on Thursday and underlined the importance of further cooperation within the OPEC+ group of oil producers, the Kremlin said.2 mins read
Reuters | Jul 26, 2022Battery Startup Lyten Recruits Senior Female Executive MikolajczakSilicon Valley battery startup Lyten has hired electric vehicle industry veteran Celina Mikolajczak as chief battery technology officer.1 min read
Reuters | Jul 24, 2022Bitcoin Recovers After Falling On News Tesla Sold 75% Of Its HoldingsBitcoin rebounded after a brief sell-off sparked by news that electric carmaker Tesla Inc had sold about 75% of its holdings of the virtual token.1 min read
Reuters | Jul 24, 2022Twitter Blames Musk, Weak Ad Market For Drop In RevenueTwitter blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening digital advertising market for a surprise fall in quarterly revenue and a net loss.2 mins read
Reuters | Jul 24, 2022Global Manufacturers See Chip Shortage EasingHyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing.3 mins read
