Auto Industry News
Spanish Ride-Hailing App Cabify Bets On Grocery Delivery Amid E-Commerce Boom
Cabify, which also offers e-scooter hire and electric moped rental, did not provide financial projections for the new venture but said it would help avoid unnecessary trips, cut emissions and allow for a more efficient use of resources.
Ford JV Partner SK Sees U.S. Battery Shortage Persisting Until 2025
Oct 29, 2021 09:57 PM
Tight supplies of batteries pose a challenge to the Biden administration, which aims to boost EV production and reduce the country's reliance on imports for battery cells, components and materials.
BMW Invests In Lithium Technology Startup Lilac Solutions
Oct 29, 2021 09:45 PM
BMW said it sees Lilac's technology as a way to boost global production of the white metal as demand grows from the EV market.
Oil Settles Down But Off 2-Week Low; Supply Concerns In Focus
Oct 29, 2021 09:37 PM
U.S. crude stocks rose by 4.3 million barrels last week, the U.S. Energy Department said on Wednesday, more than double the 1.9 million-barrel gain forecast by analysts.
Oil Drops More Than 1% As U.S. Stockpiles Rise Sharply
Oct 29, 2021 08:56 PM
Crude oil inventories rose by 4.3 million barrels last week, according to the U.S. Energy Department, more than the expected 1.9 million-barrel gain.
MG Motor India To Train 1000 Chauffeurs In 2 Months On Advance Car Tech
Oct 29, 2021 08:53 PM
The Saarthi program aims to familiarise the chauffeurs with advanced technologies and hi-tech features in MG cars
Honda Motor Co To Establish A New Subsidiary For Battery Sharing Business In India
Oct 29, 2021 08:51 PM
Honda will begin the electric battery sharing service in India in the first half of 2022.
India September Crude Imports Hit 5-Month High As Business Activity Pick-Up
Oct 29, 2021 08:45 PM
Crude oil imports rose 16% to 17.61 million tonnes from a year earlier, according to data on the website of the Petroleum Planning and Analysis Cell.
Planning to Buy a Used Renault Duster? Here Are Some Pros and Cons
Oct 29, 2021 08:12 PM
The Renault Duster is a very capable compact SUV, and if you are planning to get one from the pre-owned market, here are some pros and cons you should know about.
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