Auto Industry
car&bike Team
Mar 6, 2022, 10:59 PM
Panasonic Corp is looking to purchase land in the United States for a mega-factory to make a new type of electric vehicle (EV) battery for Tesla Inc.
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car&bike Team | Mar 6, 2022BASF Picks Canada To Expand Supplies For Booming EV Battery MarketThe German company said the facility in Becancour, Quebec, will produce and recycle cathode active materials (CAM), starting in 20251 min read
car&bike Team | Mar 6, 2022Oil Surges To Multi-Year Highs As Russian Supply Shortfall LoomsOil surged on Friday, ending the week at multi-year highs as Russia's invasion of Ukraine intensified and oil buyers shunned barrels from the world's second-largest exporter of crude.1 min read
car&bike Team | Mar 6, 2022EV Maker ELMS To Lay Off About 24% Of EmployeesEV maker Electric Last Mile Solutions Inc (ELMS) will lay off about 24% of its staff as it looks to focus on its core business1 min read
car&bike Team | Mar 6, 2022Russia-Owned SCF Oil Tankers Rerouting From Canada, Returning To RussiaTwo oil tankers owned and managed by Sovcomflot are rerouting from their Canadian destinations, while a third is returning to Russia after discharging1 min read
car&bike Team | Mar 6, 2022Govt Proposes Hike In 3rd-Party Motor Insurance Premium From Next FiscalInsurance cost of car and two-wheelers likeky to jack up from April 11 min read
car&bike Team | Mar 6, 2022India To Raise Fuel Prices Soon Over InflationIndia will raise petrol and diesel prices next week for the first time in more than four months as global crude prices soar after Russia's invasion of Ukraine last week.1 min read
car&bike Team | Mar 6, 2022Ukraine Crisis Clouds Outlook For Italy's Brembo After Q4 Margin DropItalian premium brakes maker Brembo said on Thursday core earnings and margins were hit in the fourth quarter by higher production costs and the global chip shortage1 min read
car&bike Team | Mar 6, 2022Chinese Automaker SAIC's MG Motor India To Raise Funds For EV Push - ReportMG Motor India plans to raise funds to develop its Indian electric mobility business.1 min read
