Auto Industry
Reuters
Dec 31, 2022, 5:26 PM
A total of 28 oil tankers are in a queue seeking to leave the Bosporus and Dardanelles straits, the Tribeca shipping agency said.
3 Min
Reuters | Dec 31, 2022Nikola To Sell Up To 75 Hydrogen-Powered Trucks To Plug PowerElectric vehicle (EV) makers are looking to capitalize on tax incentives provided by the U.S. Inflation Reduction Act (IRA) to lower costs of adopting EVs for commercial purposes.1 min read
Reuters | Dec 31, 2022Indian Luxury Car Dealer Landmark IPO Oversubscribed By Threefold Shares On OfferInvestors bid for 24.6 million shares by the final day of bidding, 3.1 times the 8 million shares on offer, exchange data showed.2 mins read
Reuters | Dec 31, 2022Nikola Founder Seeks New Trial, Says Juror Concealed Bias Against WealthyMilton told U.S. District Judge Edgardo Ramos in court papers that the juror's Twitter and Facebook pages were "riddled with attacks on wealthy executives"2 mins read
Reuters | Dec 31, 2022Faraday Future Slides On Signaling Need For Funds To Start ProductionThe company is one of the many EV startups struggling to launch its products as a bleak global growth outlook and a funding squeeze dented production schedules and compounded losses.1 min read
Reuters | Dec 31, 2022Self-Driving Trucking Firm TuSimple Appoints CFO, Reconstitutes Audit PanelThe company reappointed former chief executive Cheng Lu as its top boss last month after it fired his predecessor Xiaodi Hou following a probe.1 min read
Reuters | Dec 31, 2022Tesla Plans To Announce Mexico EV Plant Soon - ReportThe plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.1 min read
Reuters | Dec 31, 2022LG Energy Solution To Invest $3.1 Billion In S.Korea Battery FacilityThe project in Ochang, South Korea, will include R&D and production facilities and related infrastructure1 min read
Reuters | Dec 31, 2022Russian Oil Sold To India Below Price Cap In Buyers' MarketThe European Union ban on imports of Russia's seaborne oil from Dec. 5 has driven Moscow to seek alternative markets, mainly in Asia, for about 1 million barrels per day.3 mins read
