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Auto · 29 Aug 2022
California To End Sales Of Gasoline-Only Cars By 2035
California Governor Gavin Newsom first announced the plan to phase out vehicles that run only on gasoline by 2035 in September 2020.
Auto · 29 Aug 2022
Amazon Signs Green Hydrogen Supply Deal With Plug Power
The world’s largest online retailer said that it uses hydrogen to power over 15,000 fuel-cell propelled forklifts, and plans to increase that number to 20,000 units in…
Auto · 29 Aug 2022
Oil Prices Sink $2/bbl On Possible Iran Oil Exports, Rising Interest Rates
Oil prices slumped by about $2 a barrel on Thursday in volatile trade as investors braced for the possible return to global markets of sanctioned Iranian oil…
Auto · 29 Aug 2022
Planning To Buy A Used Volkswagen Vento? You Must Consider These Pros And Cons
If you are looking for a capable used compact sedan the Volkswagen Vento can be a good option to consider. However, before you start looking for one,…
Auto · 29 Aug 2022
EV Startup Fisker Explores Higher Production In 2023, U.S. Manufacturing
Fisker Inc said it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean…
Auto · 29 Aug 2022
Automakers Scramble To Decode New U.S. EV Tax Credits
U.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs).
Auto · 29 Aug 2022
Russia-Backed Indian Refiner Nayara Energy Posts Record Profit
India’s Nayara Energy, part owned by Russian oil major RosneftMM>, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted…
Auto · 29 Aug 2022
Oil Falls 2% On Expectations That U.S. Gulf Supply Disruption Will Ease
Oil prices plunged around 2%, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand outlook.
Auto · 29 Aug 2022
China’s CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW
<img src="” title=”China’s CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW” /> China’s CATL said it would build a 7.3 billion euro ($7.6 billion)…
Auto · 29 Aug 2022
EU, South Korea Say U.S. Plan For EV Tax Breaks May Breach WTO Rules
The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and…