Auto Industry News
PepsiCo Confirms Tesla Semi Truck Deliveries To Start In December
PepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and reserved 100 of the trucks in 2017.
Toshiba India To Supply Batteries For EVage's Electric Vans
Oct 27, 2022 06:39 PM
This is the first deployment of lithium titanium oxide (LTO) cells into commercial delivery vans and will help EVage vehicles with battery safety and performance, the companies said.
Hyundai Motor India Delivers Over 65,000 Cars In Festive Season 2022
Oct 27, 2022 06:29 PM
One of India’s largest car manufacturers, Hyundai Motor India, reported that it delivered approximately 65,000 cars across segments from the first day of Navratri that is September 26, 2022 till Bhai Duj, that was on October 26, 2022.
Gas Price Cap Deal Eludes EU Countries, For Now
Oct 27, 2022 06:28 PM
The 27-country EU is plotting its next move to tame soaring energy prices and shield consumers from surging bills, as Europe heads into a winter of scarce Russian gas, a cost of living crisis and the looming threat of recession.
Benchmark Yield At Near 4-Month High On Spike In U.S. Yields, Oil
Oct 27, 2022 06:15 PM
The high oil prices have a direct impact on inflation in India, one of the largest importers of the commodity.
Oil Falls By Nearly 2% As Recession Fears Outweigh Tight Supply Prospects
Oct 27, 2022 06:12 PM
Oil prices fell amid comments from U.S. Federal Reserve officials about rising interest rates and their effect on the economy.
Iran Toughens Crackdown As Some Oil Workers Reported To Join Protests
Oct 27, 2022 06:08 PM
Protests have swept Iran since Mahsa Amini, a 22-year-old from Iran's Kurdish region, died on Sept. 16 while being held for "inappropriate attire", marking one of the boldest challenges to the Islamic Republic since the 1979 revolution.
Oil Settles Lower On China COVID Flare-Up, Recession Fear
Oct 27, 2022 06:04 PM
World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem.
Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion
Oct 27, 2022 06:03 PM
Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.
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