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Shenzhen Shuts Most Public Transport As China Battles Multiple Outbreaks
The main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.
India's BPCL Plans To load Sokol Cargo In Sept - Sources
Nov 30, 2022 10:13 PM
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 said.
U.S. Commerce Aims To Seek Chips Funding Proposals By February
Nov 30, 2022 10:13 PM
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 existing U.S. production.
India Says Importing Russian Oil Part Of Inflation Management
Nov 30, 2022 10:13 PM
India's finance minister said that importing Russian oil was part of the country's inflation-management strategy and that other countries were doing something similar.
Stellantis, GME Resources Seal Nickel And Cobalt Deal For Battery Production
Nov 30, 2022 10:13 PM
The deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction.
Many U.S. Drivers Treat Partially Automated Cars As Self-Driving- Study
Nov 30, 2022 10:12 PM
The IIHS study of 600 active users found 53% of Super Cruise, 42% of Autopilot and 12% of ProPILOT Assist owners "said that they were comfortable treating their vehicles as fully self-driving."
EV Maker Lucid Files For New Offering To Raise $8 Billion In Stages
Nov 30, 2022 10:12 PM
Lucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.
India's Zoomcar Seeks U.S. Listing Through $456 Million SPAC Deal
Nov 30, 2022 10:12 PM
The Bengaluru-based startup expects to list on the Nasdaq as Zoomcar Holdings Inc after being acquired by Innovative International Acquisition Corp in the first half of 2023.
Piedmont To Build Lithium Plant In Tennessee For EV Market
Nov 30, 2022 10:12 PM
Piedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.
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