Auto Industry
Sameer Contractor
Dec 1, 2021, 12:56 AM
Vehicle Care says its services are more cost-competitive compared to a traditional OEM service centre by a good 40 per cent. The start-up is now laying the groundwork for the next big demand from Tier II and III markets.
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car&bike Team | Dec 1, 2021German Parties Agree On 2030 Coal Phase-Out In Coalition Talks: ReportGermany's Social Democrats (SPD), Greens and Free Democrats, who are negotiating to form a new government, have agreed to commit to a coal phase-out by 2030 in a coalition deal, sources involved in the talks told Reuters.1 min read
car&bike Team | Dec 1, 2021China's ZPC Studies Crude To Petrochemical Technology To Cut CarbonPrivately-controlled Zhejiang Petrochemical Corp (ZPC), China's single-largest refiner and petrochemical producer, is exploring new technologies such as direct processing of crude into olefins to cut carbon emissions, a company executive said on Wednesday.1 min read
Reuters | Dec 1, 2021LG Energy Solution Gets Preliminary Approval For IPOIn October, the wholly owned subsidiary of LG Chem Ltd resumed work on its IPO, which was suspended in August due to a lack of clarity regarding the recall costs involving GM's Bolt electric vehicles.1 min read
Reuters | Dec 1, 2021Volvo Cars Sees Chip Shortage Extending Into 2022, Q3 Profit DipsVolvo 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.1 min read
Reuters | Dec 1, 2021Sinopec Signs China's Largest Long-Term LNG Contract With U.S. FirmThe deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said in a statement.1 min read
Reuters | Nov 30, 2021Qualcomm To Supply Chips For BMW Self-Driving CarsA spokesperson for BMW said the new chips would be used for its "Neue Klasse" series of cars, set to start production from 2025.1 min read
car&bike Team | Nov 30, 2021India To Seek Higher Volume, Better Price For Qatar LNG Deal RenewalIndia's top gas importer Petronet LNG will seek higher volumes at better prices from Qatar Gas during negotiations for an extension of its long-term liquefied natural gas (LNG) deal beyond 2028, its head of finance said1 min read- car&bike Team | Nov 30, 2021China's Sinopec Completes Successful Trial Of Crude To Olefin TechnologyFollowing 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.1 min read
