Cars

Reuters

Dec 31, 2022, 5:25 PM

LG Energy Solution To Invest $3.1 Billion In S.Korea Battery Facility

The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure

1 Min

• 
  Reuters | Dec 31, 2022

  Kremlin Says It Is Finalising Last Details Of Response To Oil Price Cap

  Moscow has repeatedly said it will not sell oil to countries that comply with the cap

  0 mins read
• 
  Reuters | Dec 31, 2022

  Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion

  Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.

  2 mins read
• 
  Reuters | Dec 31, 2022

  Oil Slumps By Over $2/bbl, Dogged By Recession Fears

  Oil prices briefly erased some losses after officials said the U.S. Energy Department will repurchase 3 million barrels of domestic crude oil for the Strategic Petroleum Reserve.

  2 mins read
• 
  Reuters | Dec 31, 2022

  Electric Vehicles Confront The Leap To The Mass Market

  The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.

  3 mins read
• 
  Reuters | Dec 31, 2022

  Tesla Launches EVs In Thailand Amid Competition From Cheaper Brands

  Tesla launched two EVs in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers.

  1 min read
• 
  Reuters | Dec 31, 2022

  Oil Prices Climb On Tight Supply Worries

  Oil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.

  2 mins read
• 
  Reuters | Dec 31, 2022

  Taiwan President Says She Looks Forward To Producing 'Democracy Chips' With U.S

  Taiwan looks forward to producing "democracy chips" with the United States, President Tsai Ing-wen told the visiting governor of the U.S. state of Arizona, Doug Ducey, the latest in a string of senior officials from the county to visit.

  2 mins read
• 
  Reuters | Dec 31, 2022

  Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYD

  The sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95%

  0 mins read