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Auto · 14 Aug 2022
Arrival To Delay Spending On Bus Project After Posting Wider Loss
British electric vehicle start-up Arrival SA reported a wider quarterly loss on Thursday and said it would delay spending on its bus project as it looks to secure…
Auto · 14 Aug 2022
Formula E: Mahindra Racing Bags Pole Position Podium Finish In Seoul E-Prix
Oliver Rowland claimed pole position for the Seoul E-Prix and finished second in the race in the penultimate round, claiming Mahindra Racing’s first podium finish of the season.
Auto · 14 Aug 2022
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) battery plant in Hungary, Europe’s largest so far, as the world’s biggest electric vehicle battery maker…
Auto · 14 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 · 14 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 Russian…
Auto · 13 Aug 2022
Maruti Suzuki Swift S-CNG Launched; Prices Start At Rs. 7.77 Lakh
Maruti Suzuki has introduced S-CNG to one of its most popular hatchbacks, the Swift, making it India’s most powerful CNG hatchback.
Auto · 13 Aug 2022
Exclusive: Ola Electric’s First Car Will Have A Range Of Over 500 Km On A Single Charge
Ola Electric is set to unveil its first four-wheeler EV on the occasion of the 75th Independence Day, and sources inside the company say that the electric car…
Auto · 13 Aug 2022
India’s Second Mercedes-AMG GT Black Series Worth Rs. 5.50 Crore Delivered To Supercar Collector Dinesh Thakkar
Mercedes-AMG GT Black Series is the most powerful AMG ever, and India is getting only 2 units of it, with the second one now delivered to Angel One’s…
Auto · 13 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 SUV,…
Auto · 13 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).