Auto Industry
Reuters
Apr 28, 2022, 9:07 PM
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
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Reuters | Apr 28, 2022New EV Owners Resist Petrol Cars In The US, Survey ShowsSales of EVs in the United States jumped to a record high earlier this month with 434,879 new units on the road, however, demand for their hybrid counterparts remained strong as many customers withdrew from EVs due to higher prices, limited driving range and fewer charging stations than required.1 min read
Reuters | Apr 28, 2022Crude Prices Edge Lower, Though Supply Concerns Still DominantThe global benchmark rose to $89.17 on Wednesday, its highest level since October 2014; the benchmark is up 13% on the year so far.1 min read
Reuters | Apr 28, 2022Oil Up, Settles Near 7-Year Highs After Iraq-Turkey Pipeline OutageBrent crude futures settled up 93 cents, or 1.1%, at $88.44 a barrel. The global benchmark earlier touched $89.13, its highest level since Oct. 13, 2014.1 min read
Reuters | Apr 28, 2022Blink To Supply EV Chargers At GM Dealerships In North AmericaBlink said it would collaborate with facility solutions provider ABM Industries to supply its IQ 200 Level 2 chargers to dealerships across North America.1 min read
Reuters | Apr 28, 2022EU To Propose Microchips Law In Early February, EU Chief SaysThe proposal, known as the European Chips Act, will aim to adapt state aid rules, improve tools to anticipate shortages and crisis and strengthen research capacity in the bloc.1 min read
Reuters | Apr 28, 2022Renault Relatively Confident For 2022 Despite Some Chip Supply WorriesRenault is "relatively confident" about its business year but still sees some problems over chips supplies which it expects to be felt mostly in the first half of 2022, said CEO Luca de Meo.1 min read
Reuters | Apr 28, 2022General Motors Taps Three Qualcomm Chips To Power Its Ultra Cruise FeatureThe Qualcomm chips will provide the computing power for the all-electric Celestiq, the company's planned flagship sedan.1 min read
car&bike Team | Apr 28, 2022Oil Hits Highest Since 2014 On Russia-Ukraine TensionBrent crude rose 1.6% while U.S. West Texas Intermediate (WTI) crude was up 1.3%.1 min read
