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Auto · 29 Aug 2022
Xiaomi In Talks With BAIC To Produce Electric Cars – Report
Xiaomi is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co (BAIC).
Auto · 29 Aug 2022
Ford Cuts 3,000 Jobs As It Pivots To EVs, Software
Ford will cut a total of 3,000 jobs, mostly in North America and India, as it restructures to catch up with Tesla.
Auto · 29 Aug 2022
China’s CATL To Develop New Battery Materials To Improve Energy Density – Report
<img src="” title=”China’s CATL To Develop New Battery Materials To Improve Energy Density – Report” /> CATL is working on new battery materials that can improve energy density…
Auto · 29 Aug 2022
Factbox-Automakers Accelerate Drive To Secure Battery Raw Materials
Rising demand for EV around the world is encouraging automakers such as Tesla, Volkswagen and Stellantis NV to step up efforts to secure raw materials needed for…
Auto · 29 Aug 2022
OPEC+ Sees Slightly Smaller Oil Market Surplus This Year, Sources Say
OPEC+ sees this year’s oil market as slightly less supplied than previously thought, a day ahead of a meeting at which the producer group is set to…
Auto · 29 Aug 2022
Oil Sinks About 4% After Weak Factory Data Sparks Demand Concerns
Oil prices dropped about 4% as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week’s meeting of OPEC and…
Auto · 29 Aug 2022
Mercedes Set To Lead India’s Luxury EV Market As Tesla Stays Out
Mercedes-Benz will launch three new electric cars this year, be the first company to assemble a luxury EV, and will set up a fast-charging network nationwide
Auto · 29 Aug 2022
India’s July Crude Oil Imports Jump 35%
Oil product imports rose 5.4% from a year earlier to 3.73 million tonnes, while exports fell by 0.4%.
Auto · 29 Aug 2022
Oil Ends Higher On U.S. Response To Iran Nuclear Deal Comments
Oil prices ended Wednesday higher after a volatile trading session. Brent crude settled up $1.00 to $101.22 while U.S. crude settled up $1.15 to $94.89 a barrel.
Auto · 29 Aug 2022
India’s Top Refiner To Spend $25 Billion For 2046 Net-Zero Goal
India, one of the world’s biggest greenhouse gas emitters, is aiming to reach net-zero emissions for the country by 2070.