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Original equipment manufacturers' battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030.

EV Battery Production Faces Supply Chain, Geopolitical Headwinds: Report

Nov 1, 2022 01:50 AM

1 mins read

Original equipment manufacturers' battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030.

BYD India Inaugurates New Passenger Vehicle Showroom In Chennai

By car&bike Team

Nov 1, 2022 01:43 AM

The new dealership will provide access to the company's electric vehicle range including the e6 MPV and Atto 3 electric SUV.

Indonesia Hikes Fuel Prices To Rein In Ballooning Subsidies

By Reuters

Nov 1, 2022 01:42 AM

Indonesia raised subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Shenzhen Shuts Most Public Transport As China Battles Multiple Outbreaks

By Reuters

Nov 1, 2022 01:40 AM

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

By Reuters

Nov 1, 2022 01:38 AM

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

By Reuters

Nov 1, 2022 01:35 AM

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

By Reuters

Nov 1, 2022 01:33 AM

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

By Reuters

Nov 1, 2022 01:32 AM

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

By Reuters

Nov 1, 2022 01:30 AM

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."

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