Auto Industry News
Mercedes-Benz Vision EQXX Achieved 1000 Km Drive Range Using Bridgestone's Hyper-Efficient Tyres
Mercedes-Benz aims at making the Vision EQXX more efficient and increasing electric range to a higher level and tyres' rolling resistance has a very crucial role to play in that development.
SAIC Sets Up Automotive Chip Fund With Shanghai Research Institute
Apr 28, 2022 09:23 PM
SAIC Motor Corp said on its official WeChat account that the fund will also look to invest in automotive electronics start-ups and will later be opened to external funds.
Self-Charging Hybrids Outsell Diesel In Europe For First Time: Data
Apr 28, 2022 09:16 PM
Data released by European Automobile Manufacturers' Association showed that self-charging hybrid cars outsold diesel cars in Europe for the first time in 2021, albeit by just 48 vehicles.
Toyota India Cumulative Sales Cross 20 Lakh Unit Milestone
Apr 28, 2022 09:16 PM
Toyota delivered the milestone unit, a Glanza hatchback, to a customer in Trichur, Kerala.
Oil Hits 7-Year Peak On Political Risks, Supply Crunch
Apr 28, 2022 09:07 PM
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
New EV Owners Resist Petrol Cars In The US, Survey Shows
Apr 28, 2022 09:04 PM
Sales of EVs in the United States jumped to a record high earlier this month with 434,879 new units on the road, however, demand for their hybrid counterparts remained strong as many customers withdrew from EVs due to higher prices, limited driving range and fewer charging stations than required.
Crude Prices Edge Lower, Though Supply Concerns Still Dominant
Apr 28, 2022 08:57 PM
The global benchmark rose to $89.17 on Wednesday, its highest level since October 2014; the benchmark is up 13% on the year so far.
Oil Up, Settles Near 7-Year Highs After Iraq-Turkey Pipeline Outage
Apr 28, 2022 08:53 PM
Brent crude futures settled up 93 cents, or 1.1%, at $88.44 a barrel. The global benchmark earlier touched $89.13, its highest level since Oct. 13, 2014.
Blink To Supply EV Chargers At GM Dealerships In North America
Apr 28, 2022 08:48 PM
Blink said it would collaborate with facility solutions provider ABM Industries to supply its IQ 200 Level 2 chargers to dealerships across North America.