Cars
Reuters
Oct 29, 2022, 10:21 AM
Figures on Wednesday showed record U.S. crude exports, a hopeful sign for demand, even as crude stocks rose. The U.S. dollar weakened in early trade on hopes that interest-rate hikes may become less aggressive.
2 Min
Reuters | Oct 29, 2022Tesla Cars Will Not Be Approved As Fully Self Driving This Year, Musk SaysTesla says the cars still need to be driven with human oversight.2 mins read
Reuters | Oct 29, 2022Russia Poised To Largely Skirt New G7 Oil Price CapThe Group of Seven countries agreed last month to cap Russian oil sales at an enforced low price by Dec. 5 but faced consternation from main players in the global oil industry who feared the move could paralyse the trade worldwide.5 mins read
Reuters | Oct 29, 2022Indian Rupee Could Hit 84-85/USD By March On Trade Deficit, Oil Woes -Elara GlobalHigher-than-expected jobs additions in September and an unexpected dip in the unemployment rate cemented bets of another 75 basis points Fed rate hike next month, pressuring the rupee.2 mins read
Reuters | Oct 29, 2022PepsiCo Confirms Tesla Semi Truck Deliveries To Start In DecemberPepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and reserved 100 of the trucks in 2017.2 mins read
Reuters | Oct 29, 2022Oil Falls By Nearly 2% As Recession Fears Outweigh Tight Supply ProspectsOil prices fell amid comments from U.S. Federal Reserve officials about rising interest rates and their effect on the economy.2 mins read
Reuters | Oct 29, 2022Battery Maker Envision AESC Seeking Potential Investors To Fund ExpansionJapan-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 | Oct 29, 2022Hyundai's Air Taxi Unit Picks Honeywell As Avionics SupplierUnder the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.1 min read
Reuters | Oct 29, 2022Slovakia's InoBat Eyes Electric Car Battery Plant In SpainThe declaration is not a finalised agreement and other locations, including the United Kingdom, remain under consideration for its Western European gigafactory, the company added in a statement, explaining that it plans to make a decision on the location before the end of the year.1 min read
