Auto Industry
car&bike Team
May 9, 2022, 12:07 AM
Commercial electric vehicle (EV) startup Volta Trucks unveiled two smaller zero-emission truck models that will start production in 2025, opening more options for urban deliveries and in EU markets with restrictions for Sunday operations.
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car&bike Team | May 9, 2022Brazil's Vale Signs Long-Term Deal To Supply Tesla With Nickelale SA said it has signed a long-term deal with Tesla Inc to supply the U.S.-based electric vehicle maker with nickel from its Canadian operations.1 min read
car&bike Team | May 8, 2022Semcorp To Invest $916 Million To Make EV Battery Components In OhioSemcorp plans to invest $916 million in a manufacturing plant in Sidney, Ohio.1 min read
car&bike Team | May 8, 2022Startups Apply Artificial Intelligence To Supply Chain DisruptionsCoronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries.1 min read
car&bike Team | May 8, 2022Oil Jumps $5 A Barrel As EU Nears Ban On Russian OilOil prices jumped, as the European Union, the world's largest trading bloc, spelled out plans to phase out imports of Russian oil.1 min read
car&bike Team | May 8, 2022Volkswagen To Rely On Qualcomm Chips For Automated Driving - ReportVolkswagen has set up a years-long partnership with U.S. chip maker Qualcomm to develop automated driving technology, with the contract set to run until 2031.1 min read
car&bike Team | May 8, 2022U.S. To Spend More Than $3 Billion On EV Battery Manufacturing - ReportThe Biden administration will allocate more than $3 billion in infrastructure funding to finance electric vehicle (EV) battery manufacturing.1 min read
car&bike Team | May 8, 2022Oil Gains 1.5%, Posts Another Weekly Rise On Supply ConcernsOil prices rose nearly 1.5%, posting a second straight weekly increase as impending European Union sanctions on Russian oil raised the prospect of tighter supply and had traders shrugging off worries about global economic growth.1 min read
car&bike Team | May 8, 2022Musk Aims To Quintuple Twitter's Revenue To $26.4 Billion By 2028 - ReportMusk is expected to become Twitter's temporary CEO.1 min read
