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Auto · 28 Mar 2022
Daimler Truck Sees Electric Trucks Costs Staying High – report
Daimler Trucks chief executive said governments need to offer subsidies to offset the higher costs of electric trucks
Auto · 28 Mar 2022
Crude Settles Up More Than 7 Per Cent As EU Mulls Russian Oil Ban
Brent futures settled at $115.62 per barrel, up to $7.69 or 7.12 per cent, while U.S. West Texas Intermediate (WTI) crude futures settled at $112.12 per barrel, up…
Auto · 28 Mar 2022
Analysis-When It Comes To Oil, The Global Economy Is Still Hooked
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a…
Auto · 28 Mar 2022
Morocco Announces $180 Million In Automotive Wiring Systems Investments
Under the deals, Japan's Yazaki will set up a new wiring plant worth $38 million in Tangiers and expand its existing factories in Kenitra and Tangier for $40…
Auto · 28 Mar 2022
Evergrande Electric Vehicle Arm To Start Taking Car Orders ‘Imminently’
The EV firm's Wechat post said the sales centres will be located in cities including Tianjin, Shanghai, and Guangzhou.
Auto · 28 Mar 2022
India’s Gasoil, Gasoline Sales Top Pre-COVID Level On Price Hike Fears
Demand for fuel in first half of March grew 24 percent over March 2019
Auto · 28 Mar 2022
Tesla To Ask Shareholders To Vote On Authorising More Shares
Tesla's shares rose nearly 4% to $1,049.05 in trading before the bell. The stock split, if approved, would be the company's latest after a five-for-one split in August…
Auto · 28 Mar 2022
Vitesco Receives 2 Billion Euro Order For Electric Car Components – CEO
Vitesco has received an order worth around 2 billion euros ($2.20 billion) to produce a component for electric vehicles (EVs), Chief Executive Andreas Wolf said on Friday, without…
Auto · 28 Mar 2022
Evergrande Electric Vehicle Arm To Start Taking Car Orders ‘Imminently’
China Evergrande New Energy Vehicle Group said it will start accepting orders for its inaugural electric car, the Hengchi 5 sport utility vehicle, "imminently" and open sales centres…
Auto · 28 Mar 2022
IEA Says Market May Lose 3 Million Bpd Of Russian Oil Next Month
Paris-based watchdog says buyer reluctance and sanctions on Russian crude could drive up inflation and undercut economic recovery