Auto Industry
car&bike Team
May 30, 2022, 7:51 PM
Hungary has held up the EU's sixth package of sanctions against Russia over its invasion of Ukraine, It says halting Russian oil imports would be a body blow to its economy because the landlocked country cannot easily get oil from elsewhere.
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car&bike Team | May 30, 2022India's GAIL Open To Buying Russian Oil And Gas Assets, Chair SaysIndia has tried to balance its ties with Russia and the West but unlike other members of the Quad countries - the United States, Japan and Australia - it has not imposed sanctions on Russia.1 min read
car&bike Team | May 30, 2022How A Cheap Component Could Help Kill Off Combustion CarsThe supply crunch could accelerate the plans of some legacy auto firms to switch to a new generation of lighter, machine-made harnesses designed for electric vehicles, according to interviews with more than a dozen industry players and experts.1 min read
car&bike Team | May 30, 2022India's Fuel Sales Moderate In April, Fall By 4% Month-On-MonthIndia's retail inflation likely rose to an 18-month high in April, largely driven by rising fuel and food prices as per a Reuters poll.1 min read
car&bike Team | May 30, 2022IEA Sees World Weathering Lost Russian Oil SupplyThe assessment by the Paris-based agency suggests the economic impact from further sanctions on Russian energy mulled by the European Union could be limited.1 min read
car&bike Team | May 30, 2022Oil Falls 2% On Powell Comments, Hopes For Venezuela SupplyRussia's production dropped by 9% in April, and the country, part of the OPEC+ group, produced far below levels required under a deal to gradually ease record output cuts made during the worst of the pandemic in 2020.1 min read
car&bike Team | May 30, 2022Mahindra eXUV300 Electric SUV Launch Confirmed For 2023Mahindra to launch long-awaited electric sub-compact SUV early next year.1 min read
car&bike Team | May 30, 2022Transport Canada Probing Cause Of Tesla Fire In VancouverTransport Canada said following a May 20 2021 Tesla Model Y fire in Vancouver that it had its contracted collision and defect investigation team "locate and secure the vehicle."1 min read
car&bike Team | May 30, 2022IEA Warns Against Energy Crisis Deepening Fossil Fuel RelianceThe Paris-based IEA, a top energy watchdog, warned investors last year not to fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century.1 min read
