Auto Industry

car&bike Team

Mar 31, 2022, 5:16 AM

Bosses Of Tata, HSBC, Macquarie Urge Governments To Do More For Green Transition

The leaders of Indian conglomerate Tata Sons, HSBC Holdings and Australia's Macquarie Group urged governments to get more involved in the green transition by providing incentives to develop new technology and help bring down costs.

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  car&bike Team | Mar 31, 2022

  China's Sinopec Completes Successful Trial Of Crude To Olefin Technology

  Following the trial at Sinopec subsidiary plant in Tianjin, the refiner will follow up with building a one million tonne per year crude-to-olefin plant, it said, without giving further details.

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  car&bike Team | Mar 31, 2022

  Sinopec Signs China's Largest Long-Term LNG Contract With U.S. Firm

  The deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said in a statement.

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  car&bike Team | Mar 31, 2022

  TuSimple, UPS Mapping New Self-Driving Routes In Southern U.S. States

  Self-driving truck technology company TuSimple Holdings Inc said on Wednesday it is mapping new freight lanes with UPS from Arizona to Florida and has hit significant fuel savings for the package delivery company at highway speeds.

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  car&bike Team | Mar 31, 2022

  Lordstown Appoints Chief Commercial Officer, Other Executives In Management Rejig

  The company said Chief Operating Officer Jane Ritson-Parsons will also take on the newly created role of Chief Commercial Officer to build Lordstown's commercial strategy for its vehicles.

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  car&bike Team | Mar 31, 2022

  UK's Connected Kerb Targets 190,000 On-Street EV Chargers By 2030

  Connected Kerb uses long-term contracts spanning 15 to 25 years, financed by large infrastructure banks and groups like infrastructure investor Equitix.

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  car&bike Team | Mar 31, 2022

  Volvo Cars Sees Chip Shortage Extending Into 2022, Q3 Profit Dips

  Volvo said preliminary sales volumes were around 52,000 cars in November, down year-on-year due to lower production and a build-up of in-transit inventory.

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  car&bike Team | Mar 31, 2022

  Infineon CEO Says Chip Supply To Remain Tight In 2022

  Speaking at the Handelsblatt Automotive Summit, Chief Executive Reinhard Ploss said that vehicle production and chip supply could be balanced by the third quarter.

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  car&bike Team | Mar 31, 2022

  German Parties Agree On 2030 Coal Phase-Out In Coalition Talks: Report

  Climate policy is one of the closest-watched areas for the new government as Europe's biggest economy shifts towards carbon neutrality.

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