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Auto · 23 Jan 2022
Qualcomm Inks Car Chip Deals With Volvo, Honda And Renault
Qualcomm Corp announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing…
Auto · 23 Jan 2022
Crude Prices Edge Lower, Though Supply Concerns Still Dominant
The global benchmark rose to $89.17 on Wednesday, its highest level since October 2014; the benchmark is up 13% on the year so far.
Auto · 23 Jan 2022
Vietnam Car Maker VinFast To Build U.S. Battery Factory As It Goes All-Electric
VinFast is betting big on the U.S. market, where it hopes its electric SUVs and a battery leasing model will be enough to tempt consumers away from the…
Auto · 23 Jan 2022
Brazil’s WEG and Neoenergia Announce Partnership In Charging Stations For Electric Vehicles
The company will provide equipment produced nationally with a power of 7.4 kilowatts, ideal for homes or residential buildings, and 22 kilowatts, which is more suitable for companies.
Auto · 23 Jan 2022
Indian Refiners’ Throughput Recovery Loses Steam In December
Indian refiners operated at an average rate of 101.2% in December, below November's 104.6%, but up from 99.1% in the same month last year, data showed.
Auto · 23 Jan 2022
OPEC’s Share Of Indian Oil Imports Falls To Lowest In At Least 15 Years
India's crude imports rebounded 3.9% to 4.2 million barrels per day (bpd) in 2021, the data showed, but remained below pre-pandemic levels in 2019.
Auto · 23 Jan 2022
Indian Oil To Invest $944 Million On Gas Sales Network In Nine New Areas
IOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas…
Auto · 23 Jan 2022
Self-Driving Sensor Maker Luminar Shares Rally On Mercedes-Benz Tie-Up
Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles.
Auto · 23 Jan 2022
Chip Supplier ASML Forecasts Strong 2022 Despite Fire Hit
ASML Chief Executive Peter Wennink said "the expected impact of the fire in part of a building at our Berlin site is included" in the 2022 growth forecast.
Auto · 23 Jan 2022
UK Self-Driving Startup Wayve Raises $200 Million To Scale Up Technology
The Series B funding round brings the startup's total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore Strategic Ventures and…