Auto Industry
Reuters
Jan 23, 2022, 10:52 PM
The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd in 2021.
1 Min
Reuters | Jan 23, 2022Self-Driving Sensor Maker Luminar Shares Rally On Mercedes-Benz Tie-UpLuxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles.1 min read
Reuters | Jan 23, 2022Indian Oil To Invest $944 Million On Gas Sales Network In Nine New AreasIOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.1 min read
Reuters | Jan 23, 2022Indian Refiners' Throughput Recovery Loses Steam In DecemberIndian refiners operated at an average rate of 101.2% in December, below November's 104.6%, but up from 99.1% in the same month last year, data showed.1 min read
Reuters | Jan 23, 2022OPEC's Share Of Indian Oil Imports Falls To Lowest In At Least 15 YearsIndia's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019.1 min read
Reuters | Jan 23, 2022Vietnam Car Maker VinFast To Build U.S. Battery Factory As It Goes All-ElectricVinFast is betting big on the U.S. market, where it hopes its electric SUVs and a battery leasing model will be enough to tempt consumers away from the likes of Tesla and General Motors.1 min read
Reuters | Jan 23, 2022Brazil's WEG and Neoenergia Announce Partnership In Charging Stations For Electric VehiclesThe company will provide equipment produced nationally with a power of 7.4 kilowatts, ideal for homes or residential buildings, and 22 kilowatts, which is more suitable for companies.1 min read
Reuters | Jan 23, 2022UK Self-Driving Startup Wayve Raises $200 Million To Scale Up TechnologyThe Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and Linse Capital, plus fresh capital from investors including Microsoft.1 min read
Reuters | Jan 23, 2022Chip Supplier ASML Forecasts Strong 2022 Despite Fire HitASML Chief Executive Peter Wennink said "the expected impact of the fire in part of a building at our Berlin site is included" in the 2022 growth forecast.1 min read
