Auto Industry

car&bike Team
Oct 25, 2021, 4:13 AM
Ford Motor Co, which has repeatedly touted its strategic relationship with electric vehicle maker Rivian, no longer has a representative on the startup's board of directors ahead of its going public.
1 Min
- car&bike Team | Oct 25, 2021Indian Refiners Willing To Join Forces For Cheaper Oil ImportsIndia's private oil refiners are willing to work with state-run peers to bargain collectively for better oil import deals, oil minister Hardeep Singh Puri said on Friday, as the nation looks to cut its import bill.1 mins
- car&bike Team | Oct 25, 2021Top Oil Exporter Saudi Arabia Targets Net Zero Emissions By 2060Saudi Arabia's crown prince said on Saturday that the world's top oil exporter aims to reach "net zero" emissions of greenhouse gases, mostly produced by burning fossil fuels, by 2060 - 10 years later than the United States.1 mins
- car&bike Team | Oct 25, 2021Stellantis Powers Up Electric Plans With Samsung SDI U.S. DealStellantis and South Korea's Samsung SDI Co Ltd have entered a preliminary agreement on a joint venture to produce electric vehicle (EV) battery cells and modules in the United States, the two companies said on Friday.1 mins
- car&bike Team | Oct 25, 2021Tesla Looks To Pave The Way For Chinese Battery Makers To Come To U.STesla Inc wants to shift to a less expensive battery for its electric vehicles but first needs to figure out how to overcome political tensions to get a Chinese partner to build the iron-based batteries near its U.S. factories.1 mins
- car&bike Team | Oct 25, 2021India's Top Gas Importer Sees LNG Price Surge Spurring Long-Term ContractsSurging liquefied natural gas (LNG) prices are pushing buyers to look at securing long-term contracts possibly with an option for a floor and ceiling price to hedge against extreme volatility, the CEO of India's top gas importer said.1 mins
- car&bike Team | Oct 25, 2021EU Appeals To Shared Values To Tempt Taiwan's Chip FirmsThe European Union and Taiwan are democracies with shared values and are natural partners when it comes to semiconductors, a senior EU official said on Thursday, making a pitch for the island's key chip firms to invest in the bloc.1 mins
- car&bike Team | Oct 25, 2021Car Production Curbs Hit TomTom Amid Chip ShortageDutch navigation and digital mapping company TomTom warned on Thursday supply chain problems in the auto sector could last until the first half of next year after it reported a bigger than expected quarterly core loss.1 mins
- car&bike Team | Oct 25, 2021Carmakers Shift Up A Gear In Race To Go ElectricWith electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of announcements on Monday showed how the global auto industry has kicked into a higher gear as it races to speed past the fossil-fuel car era1 mins