Auto Industry
car&bike Team
May 1, 2022, 5:18 AM
The Volkswagen brand saw an 8.1 per cent drop in sales to just under 4.9 million units, with the biggest fall in China at 14.8 per cent, although battery-electric vehicle sales in the country quadrupled.
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car&bike Team | May 1, 2022UK's Crown Estate, Volta Trucks To Run Electric Truck Trial In LondonThe trial will be run by the Crown Estate's distribution provider Clipper Logistics and involve a prototype Volta Zero, a 16-tonne electric truck that is due to go into production by the end of 2022 at a former truck plant in Austria.1 min read
car&bike Team | May 1, 2022India's HPCL To Raise Iraqi Oil Imports By 45% In 2022: ReportThe refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd in 2021.1 min read
car&bike Team | May 1, 2022Delhi Government Proposes Making 25 Per Cent Of New Cab Registrations ElectricThe proposal would mandate apps providing transportation or delivery services, including cab operators such as Ola and Uber and food delivery apps Swiggy and Zomato, to register with the Delhi government as soon as the law comes into effect.1 min read
car&bike Team | May 1, 2022Qualcomm Inks Car Chip Deals With Volvo, Honda And RenaultQualcomm Corp announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines.1 min read
car&bike Team | May 1, 2022Indian Oil To Invest $944 Million On Gas Sales Network In Nine New AreasIOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.1 min read
car&bike Team | May 1, 2022OPEC's Share Of Indian Oil Imports Falls To Lowest In At Least 15 YearsIndia's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019.1 min read
car&bike Team | May 1, 2022Vietnam Car Maker VinFast To Build U.S. Battery Factory As It Goes All-ElectricVinFast is betting big on the U.S. market, where it hopes its electric SUVs and a battery leasing model will be enough to tempt consumers away from the likes of Tesla and General Motors.1 min read
car&bike Team | May 1, 2022Oil Slides On Friday, But Climbs For 5th Week On Supply ConcernsBrent futures fell 49 cents, or 0.6%, to settle at $87.89 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents, or 0.5%, to settle at $85.14.1 min read
