Auto Industry

car&bike Team

Apr 29, 2022, 7:43 AM

Asian Prices Fall Amid Chinese LNG Cargo Sale Tenders

The average LNG price for March delivery into north-east Asia fell to around $23.00 per metric million British thermal units (mmBtu), down $9.60 or nearly 30% from the previous week, industry sources said.

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  car&bike Team | Apr 29, 2022

  Honda Signs Joint Development Pact With Boston-Based EV Battery R&D Firm SES

  Honda Motor Co. had signed a joint development agreement for lithium-metal batteries with Boston-based EV battery company SES Holdings Pte Ltd.

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  car&bike Team | Apr 29, 2022

  China's Industry Ministry Expects Tight Chip Supply For Relatively Long Period

  China encourages key domestic enterprises to increase investment and promote better supply capacity of the entire chip industry chain.

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  car&bike Team | Apr 29, 2022

  Spring Free EV, Cox Partner To Supply Used EVs To Small Businesses

  Fintech startup Spring Free EV and Cox Automotive have partnered to provide used electric vehicles to smaller businesses through a new subscription program.

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  car&bike Team | Apr 29, 2022

  GM Challenges Carvana With CarBravo Online Used Car Marketplace

  GM's CarBravo site will aggregate vehicles owned by Chevrolet, Buick and GMC dealers, as well as cars and trucks that GM Financial controls after taking them back from rental car agencies or vehicle leases.

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  car&bike Team | Apr 29, 2022

  Musk Says Tesla To Accept Dogecoin For Merchandise

  The move, which sent dogecoin prices 14% higher, comes a month after Musk said Tesla would test out the digital token as a payment option.

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  car&bike Team | Apr 29, 2022

  Ford, GM Shares Jump As Electric Truck Battle Heats Up

  Ford's stock jumped more than 11% to its highest level since 2001 after the Detroit automaker said it will nearly double production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles.

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  car&bike Team | Apr 29, 2022

  Thailand Approves Enhanced Incentives To Boost EV Use

  Smaller charging stations will now be eligible for three-year tax benefits, an extra incentive on top of a five-year corporate income tax exemption available to investments in charging stations with at least 40 chargers.

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  car&bike Team | Apr 29, 2022

  Subaru Says Suspends Shipment Of Some Models Over Engine Sensor Malfunction

  Subaru has not decided whether to recall the cars and it would likely take 2-1/2 months before shipment is resumed.

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