Auto Industry
car&bike Team
Apr 11, 2022, 5:18 AM
Chinese electric vehicle (EV) maker Nio said on Saturday it has suspended production after the country's measures to contain the recent surge of COVID-19 cases disrupted operations at its suppliers.
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car&bike Team | Apr 11, 2022Renault CEO Pushes On With Electric Split As Russia Bill Looms - ReportRenault chief Luca de Meo wants to press ahead with plans to create separate divisions for electric (EV) and combustion engine vehicles despite potentially costly uncertainty over its interests in Russia1 min read
car&bike Team | Apr 11, 2022Japan Start-Up To Offer Fleet Service Using China's Geely EVsA Japanese battery start-up said on Thursday it would launch a commercial fleet service using electric vehicles from China's Geely Holding Group1 min read
car&bike Team | Apr 11, 2022Chip Undersupply To Last Until 2024, Says Volkswagen CFO Boersen-ZeitungSemiconductor chip supply is unlikely to be enough to completely satisfy demand again until 2024, Volkswagen Chief Financial Officer (CFO) Arno Antlitz said in an interview1 min read
car&bike Team | Apr 11, 2022India Supplies Two Fuel Consignments To Sri LankaIndia has delivered two fuel consignments to Sri Lanka in the last 24 hours1 min read
car&bike Team | Apr 11, 2022IEA Confirms 120 Million Barrel Oil Release With U.S.The International Energy Agency on Wednesday said its member countries had agreed to release 120 million barrels of oil, with the United States contributing half, in a bid to cool oil prices after Russia's invasion of Ukraine.1 min read
car&bike Team | Apr 11, 2022Oil Slumps To Three-Week Low After Fed Minutes, Big IEA Reserve Release AnnouncementOil futures fell sharply on Wednesday after large consuming nations said they would release oil from reserves to counter tightening supply and hawkish minutes from the U.S. central bank that bolstered the dollar.1 min read
car&bike Team | Apr 11, 2022Ukraine's Zelenskiy: Delay On Russia Oil Embargo Decision Is Costing LivesUkrainian President Volodymyr Zelenskiy on Thursday called on Western politicians to quickly agree on an embargo of Russian oil, complaining that their failure to do so was costing Ukrainians their lives.1 min read
car&bike Team | Apr 11, 2022Factbox-Who Is Buying Russian Crude Oil And Who Has StoppedAustralia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases following Moscow's invasion of Ukraine, but the European Union remains divided.1 min read
