Auto Industry

car&bike Team

Nov 29, 2021, 4:39 PM

Oil Rebounds On Speculation OPEC+ May Pause Output Increase

Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.

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  AFP | Nov 29, 2021

  Nissan Plans 50% Electric Vehicle Sales By 2030

  Nissan will invest two trillion yen ($17.5 billion) over the next five years to speed up electrification, aiming to launch electric vehicles with its proprietary batteries by 2028.

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  car&bike Team | Nov 29, 2021

  Mammootty's Followers Have Actually Created A Fan Page For His Auto Collection!

  Mammootty is known to be the highest-paid megastar from the Malayalam Film Industry and his auto collection is as massive as his fan following.

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  car&bike Team | Nov 29, 2021

  How To Drive On The Highway

  While driving on highways, there are always some basic aspects that you should keep in mind.

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  car&bike Team | Nov 29, 2021

  F1: Founder Of Williams Racing, Frank Williams, Passes Away At The Age Of 79

  Williams built a team that took on bigwigs like Ferrari, BMW, Brawn among others and made the Williams Racing Team a force to reckon with

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  Reuters | Nov 29, 2021

  New German Government Aims For At Least 15 Million EVs By 2030

  Germany aims to have at least 15 million electric cars on the roads by 2030 in its shift towards climate neutrality, up from a previous goal of 14 million.

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  Reuters | Nov 29, 2021

  Piech Automotive Says Incari Software In Its First EV Model Quick To Update

  Piech Automotive is due to release its 200,000 euro Piech GT model in 2024, with a production target of 10,000 cars a year.

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  Reuters | Nov 28, 2021

  Daimler To Produce First In-House Electric Motor At Berlin Plant

  The motor, known as an axial-flux motor and designed by the British startup YASA which Daimler acquired earlier this year, weighs a fraction of its diesel equivalent and can boost the range of an EV by up to 7%.

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  Reuters | Nov 28, 2021

  Oil Steadies As Investors Question Reserve Release

  The United States said it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to try to cool prices after OPEC+ ignored calls to pump more.

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