Cars

Reuters

Oct 20, 2022, 5:23 PM

Biden Awards $2.8 Billion To Boost U.S. Minerals Output For EV Batteries

The grants, which are going to projects across at least 12 states, mark the latest push by the Biden administration to help reduce the country's dependence on China and other nations for the building blocks of the green energy revolution.

3 Min

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  Reuters | Oct 20, 2022

  Automakers Need More Time To Meet U.S. Minerals Requirements For EVs - Execs

  The Inflation Reduction Act, as currently written, requires automakers to have 50% of critical minerals used in EV batteries come from North America or U.S. allies by 2024, rising to 80% by the end of 2026.

  4 mins read
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  Reuters | Oct 20, 2022

  Tesla Investors To Focus On Demand Issues In Earnings Report

  Decades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla can buck an economic slowdown and continue to raise prices without hurting its sales.

  2 mins read
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  Reuters | Oct 19, 2022

  Oil Prices Settle Lower On U.S. Supply, Lower China Demand

  Brent crude futures settled down 1.7%, to $90.03 per barrel, while U.S. West Texas Intermediate (WTI) crude settled down 3.1%, to $82.82 per barrel on Tuesday

  2 mins read
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  Reuters | Oct 19, 2022

  Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating Volkswagen

  As per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.

  1 min read
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  Jaiveer Mehra | Oct 19, 2022

  Porsche India Reports Deliveries Of 571 Units In 2022, Exceeds Previous Yearly Best from 2013

  The carmaker delivered 571 units in January to September 2022 exceeding its previous yearly best of 534 deliveries (Jan to Dec) reported in 2013.

  1 min read
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  Pratik Rakshit | Oct 19, 2022

  2023 Porsche 911 Carrera T Debuts As A Fun Tourer

  As a matter of fact, the Porsche 911 Carrera T is the 25th 911 variant. Yes, there are that many!

  2 mins read
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  Seshan Vijayraghvan | Oct 19, 2022

  Mahindra Jeeto Small Commercial Vehicle Crosses 2 Lakh Units Sales Milestone

  First launched in 2015, the company has sold over 2 lakh units of the Mahindra Jeeto across the country. As of September 2022, the Jeeto holds a high market share of 17 per cent in the SCV segment.

  2 mins read
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  Pratik Rakshit | Oct 19, 2022

  Locally Assembled Volvo XC40 Recharge Electric SUV Rolls Out From Bengaluru Plant

  This is a major milestone in Volvo Car India’s commitment to becoming an all-electric company by 2030.

  2 mins read