Auto Industry News
First Electric Scooter Series On Mission To Push Safer Micromobility
Organisers of the world's first electric scooter series say they are on a mission to promote and develop micromobility as a safe and integrated element of city life after a race debut in London.
China In Talks With Automakers On EV Subsidy Extension - Report
May 22, 2022 02:05 PM
China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022.
Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6
May 22, 2022 01:06 AM
In a bid to reduce the rising fuel prices, the central government has cut down the central excise duty on petrol by Rs. 8 and diesel by Rs. 6 per litre.
Analysis - Tesla Brand Threatened By Musk Harassment Claim, Criticism Of Democrats
May 22, 2022 12:15 AM
Elon Musk has made a name for himself and Tesla by breaking the rules, but the billionaire's latest comments on politics and a claim of sexual harassment against him that he said is untrue may hurt the brand in the eyes of some car owners and employees.
Oil Falls 2% On Powell Comments, Hopes For Venezuela Supply
May 21, 2022 02:08 PM
Prices fell after Federal Reserve Chairman Jerome Powell warned the economy could be hurt by attempts to reduce inflation.
Analysis - Musk's ESG Attack Spotlights $35 Trillion Industry Confusion
May 21, 2022 02:13 PM
Elon Musk's rejection of environmental, social and corporate governance (ESG) scores as a "scam" highlights how Wall Street's hottest investment trend that encompasses some $35 trillion in assets means different things to different people.
Musk Says 'Tesla Is On My Mind 24/7' Amid Concerns About Twitter Distraction
May 21, 2022 11:01 PM
Elon Musk said "Tesla is on my mind 24/7," trying to soothe investor worries about him being distracted by a Twitter deal that has depressed stocks at the electric car company.
India To Launch 20% Ethanol-Mixed Petrol In Some Parts From April 2023 - Report
May 21, 2022 10:39 PM
India plans to introduce 20% ethanol blending with gasoline in some parts of the country from April next year.
India To Rexamine BPCL Divestment After Planned Expansion - Report
May 21, 2022 10:22 PM
India's government will have another look at plans for the divestment of Bharat Petroleum Corp Ltd (BPCL) after the state-run refiner completes the planned expansion of some project.
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