Auto Industry News
Daimler Truck Cuts Production At Some Locations Over Chip Shortage
Daimler Truck said it was suspending production in some areas at its Mannheim site in March and at its Gaggenau plant in April, without being more specific.
Tata Motors Says 20% Rise In Battery Cell Costs Increasing Short-Term Pressure
Mar 29, 2022 08:06 PM
Surge in prices of raw materials like nickel, cobalt and lithium affecting cost of EV batteries.
Stellantis Launches Venture Capital Fund With Initial 300 Million Euro Investment
Mar 29, 2022 07:56 PM
The decision is part of Stellantis' wider strategy spelled out earlier this month in the company's first business plan.
Britishvolt And Bakrie's VKTR Team Up For Sustainable EV Battery Nickel
Mar 29, 2022 07:55 PM
Electric vehicle (EV) battery startup Britishvolt and VKTR, part of Bakrie & Brothers' auto unit, said on Tuesday they would develop sustainable nickel refining capacity in Indonesia and look into building a battery plant there.
Tesla's Musk Appears Headed To Berlin From Austin
Mar 29, 2022 07:52 PM
Tesla received a conditional go-ahead for its gigafactory near Berlin earlier in March, ending months of delay for the plant
Mahindra Reveals Four Superhero-Based Thar NFTs
Mar 29, 2022 07:41 PM
The four NFTs are currently up for auction online from March 29 till March 31.
Oil Dips On Russia-Ukraine Talks, U.S. Inventory Data
Mar 29, 2022 05:04 PM
Oil lost ground for the fifth time in the last six days on Wednesday as traders reacted to hoped-for progress in Russia-Ukraine peace talks
Oil Falls On Ukraine Peace Hopes, U.S. Treasury Yields Rise
Mar 29, 2022 04:59 PM
Oil prices fell and European stocks rose on Monday as investors weighed positive comments from ceasefire talks between Russia and Ukraine
India's Top Fuel Retailer To Up Petrol, Diesel Prices Again From Wednesday
Mar 29, 2022 04:38 PM
From Wednesday, a litre of petrol in Delhi will cost 97.01 rupees ($1.28), while diesel prices will be raised to 88.27 rupees, a notification sent to dealers show.
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