Auto Industry
Reuters
Nov 28, 2021, 12:37 AM
Imports rose 11.1% to 17.09 million tonnes from the same month a year earlier, according to data on the website of the Petroleum Planning and Analysis Cell.
1 Min
Reuters | Nov 28, 2021India's Release Of 5 Million Barrels Oil From Stockpile A 'Symbolic Gesture'The government official said the release from India's strategic petroleum reserve (SPR) was "a symbolic gesture" as it needed to create space as part of efforts to make money from renting out the storage and was already selling the oil.1 min read
Reuters | Nov 28, 2021Oil Producers Cannot Hold Consumers To Ransom, Says India Oil MinisterAhead of the OPEC+ meeting next week to set output policy, Puri blamed the key producers for keeping supplies lower than demand.1 min read
Reuters | Nov 27, 2021Oil Settles Down $10/Barrel In Largest Daily Drop Since April 2020Oil fell with global equities markets on fears the variant, could dampen economic growth and fuel demand.1 min read
Reuters | Nov 27, 2021Apple Global Battery Development Chief Moves To VolkswagenThis is the second time in recent months that an Apple executive has left for an automaker. Apple lost its head of car project, Doug Field, to Ford Motor in September.1 min read
Reuters | Nov 27, 2021Nvidia Launches New Products To Plug Cars, Factories Into Its OmniverseNvidia is looking to capitalize on the intense competition among automakers to develop vehicles that can drive themselves and deliver sophisticated entertainment and information to the humans on board.1 min read
Reuters | Nov 27, 2021First Cobalt Aims To Create Specialist EV Battery Materials Facility In North AmericaFirst Cobalt aims to create North America's first specialist facility for producing electric vehicle battery materials such as cathode chemicals.1 min read
Reuters | Nov 27, 2021Infineon CEO Says Chip Supply To Remain Tight In 2022Speaking at the Handelsblatt Automotive Summit, Chief Executive Reinhard Ploss said that vehicle production and chip supply could be balanced by the third quarter.1 min read
Reuters | Nov 27, 2021UK's Connected Kerb Targets 190,000 On-Street EV Chargers By 2030Connected Kerb uses long-term contracts spanning 15 to 25 years, financed by large infrastructure banks and groups like infrastructure investor Equitix.1 min read
