Auto · 24 Dec 2022 STMicro, Soitec Deepen Cooperation Over Fast-Growing Semiconductor Material Soitec and STMicroelectronics are deepening their cooperation over the manufacturing of a key and fast-growing material used in the electric car industry.
Auto · 24 Dec 2022 Taiwan To Fine Foxconn For Unauthorised China Investment Taiwan has turned a wary eye on China’s ambition to boost its semiconductor industry and is tightening legislation to prevent what it says is China stealing its…
Auto · 24 Dec 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.
Auto · 24 Dec 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.
Auto · 24 Dec 2022 India’s BPCL Plans To load Sokol Cargo In Sept – Report Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia’s Sokol crude oil this month, sources familiar with the deal…
Auto · 24 Dec 2022 U.S. Commerce Aims To Seek Chips Funding Proposals By February The U.S. Commerce Department said it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand…
Auto · 24 Dec 2022 Oil Rises 4% On Supply Threats, Still Set For Weekly Drop Oil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.
Auto · 24 Dec 2022 Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV Demand Wolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.
Auto · 24 Dec 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…
Auto · 24 Dec 2022 G7 Coalition Agrees $60 Per Barrel Price Cap For Russian Oil G7 nations and Australia said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.