Latest News
India's Gasoil, Gasoline Sales Surge On Festive Demand
Gasoline and gasoil sales by Indian state refiners rose sharply in September from a year earlier.
India Cuts Windfall Tax On Crude Oil Output, Diesel Exports
Oct 29, 2022 10:24 AM
The Indian government has cut a windfall tax on domestically produced crude oil to 8,000 rupees per tonne from 10,500 rupees per tonne.
Petronas To Fight Asset Claims By Southeast Asian Sultan's Heirs
Oct 29, 2022 10:24 AM
Malaysian state oil firm Petronas said it would contest any claims on its assets by the heirs of a former Southeast Asian sultan, who are seeking $15 billion in compensation.
Oil Falls But Notches Weekly Gain As OPEC+ Considers Output Cut
Oct 29, 2022 10:23 AM
Oil prices dipped choppy trading but notched their first weekly gain in five.
U.S. Autonomous Vehicle Group Picks Ex-Senate Aide As Director
Oct 29, 2022 10:23 AM
The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director.
Chip Shortage Forces Temporary Closure Of Volvo Cars Factory - GP
Oct 29, 2022 10:23 AM
Volvo Cars will temporary close one of its factories due to a chip shortage, the company told newspaper Goteborgs-Posten on Tuesday.
Intel Unit Mobileye Prices IPO Above Range To Raise $861 Million
Oct 29, 2022 10:23 AM
The IPO values Mobileye at $16.7 billion, a far cry from the $50 billion valuation that Intel was initially hoping to achieve.
Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030
Oct 29, 2022 10:23 AM
The EV investment figure, which has not previously been published, dwarfs previous investment estimates by Reuters and is more than twice the most recent calculation published just a year ago.
Tesla Faces U.S. Criminal Probe Over Self-Driving Claims - Report
Oct 29, 2022 10:23 AM
The U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Tesla's driver assistance system Autopilot, which was activated during the accidents, the people said.
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Electric Mobility
BMW i4 Electric Sedan Unveiled
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2022 BMW iX Electric Crossover Unveiled; Gets A Range Of 483 Km
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Tesla Begins Hiring Top Executives In India
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Auto Industry
Volkswagen ID.Buzz Electric Bus Global Debut In 2022, New Teaser Out
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India's Safest Cars As Per Global NCAP
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