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Auto Industry
car&bike Team
Apr 16, 2022, 10:40 PM
Tesla Inc was liable to a Black elevator operator who said the electric car company ignored racial abuse at the factory where he worked, but reduced a nearly $137 million jury award to $15 million.
1 Min
car&bike Team | Apr 16, 2022Oil Dives 4%, Below $100 On China lockdowns, Reserves Release PlanOil prices fell about 4% on Monday, with Brent crude tumbling below $100 a barrel on worries that the COVID-19 pandemic will cut demand in China and as International Energy Agency (IEA) countries plan to release record volumes of oil from strategic stocks.1 min read
car&bike Team | Apr 16, 2022Mercedes-Benz Completes 1,000 Km Drive On EQXX PrototypeMercedes-Benz aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km1 min read
car&bike Team | Apr 16, 2022Oil Traders To Cut Russian Oil Purchases From May 15 - ReportMajor global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 151 min read
car&bike Team | Apr 16, 2022Indian Oil Removes Russian Urals From Latest Tender: ReportIndian Oil Corp (IOC) has excluded several high-sulphur crude grades, including Russian Urals, from its latest tender1 min read
car&bike Team | Apr 16, 2022India's March Fuel Demand Hits 3-Year High, Petrol Sales At Record PeakIndia's fuel demand rose to a three-year high in March, with petrol sales hitting an all-time peak, as the market accumulated supplies foreseeing price spikes.1 min read
car&bike Team | Apr 16, 2022BlackRock, Mubadala To Invest Rs. 4000 Cr. In Tata Power's Renewable Energy UnitTata Power said that BlackRock Real Assets and Abu Dhabi's Mubadala Investment Company would invest Rs. 4000 crore ($525.76 million) in the company's renewable energy unit for a 10.53% stake.1 min read
car&bike Team | Apr 16, 2022Automakers Accelerate Drive To Secure Battery Raw MaterialsA spike in demand for electric vehicles (EV) in the global markets is encouraging automakers such Tesla Inc, Volkswagen and Stellantis NV to secure raw materials needed for making batteries.1 min read
car&bike Team | Apr 16, 2022Some Banks Stop Credit For Oil Imports By Rosneft-Owned India Refiner Nayara - ReportHDFC Bank and some foreign banks have stopped offering trade credit for oil imports to Nayara Energy, a Russian-backed refiner, and some suppliers are seeking payment upfront to avoid potential problems resulting from western sanctions against Moscow1 min read
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