Auto Industry News
China's ZPC Studies Crude To Petrochemical Technology To Cut Carbon
Privately-controlled Zhejiang Petrochemical Corp (ZPC), China's single-largest refiner and petrochemical producer, is exploring new technologies such as direct processing of crude into olefins to cut carbon emissions, a company executive said on Wednesday.
LG Energy Solution Gets Preliminary Approval For IPO
Dec 1, 2021 12:43 AM
In October, the wholly owned subsidiary of LG Chem Ltd resumed work on its IPO, which was suspended in August due to a lack of clarity regarding the recall costs involving GM's Bolt electric vehicles.
Volvo Cars Sees Chip Shortage Extending Into 2022, Q3 Profit Dips
Dec 1, 2021 12:32 AM
Volvo said preliminary sales volumes were around 52,000 cars in November, down year-on-year due to lower production and a build-up of in-transit inventory.
Sinopec Signs China's Largest Long-Term LNG Contract With U.S. Firm
Dec 1, 2021 12:08 AM
The deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said in a statement.
Qualcomm To Supply Chips For BMW Self-Driving Cars
Nov 30, 2021 11:48 PM
A spokesperson for BMW said the new chips would be used for its "Neue Klasse" series of cars, set to start production from 2025.
India To Seek Higher Volume, Better Price For Qatar LNG Deal Renewal
Nov 30, 2021 11:41 PM
India's top gas importer Petronet LNG will seek higher volumes at better prices from Qatar Gas during negotiations for an extension of its long-term liquefied natural gas (LNG) deal beyond 2028, its head of finance said
China's Sinopec Completes Successful Trial Of Crude To Olefin Technology
Nov 30, 2021 11:29 PM
Following the trial at Sinopec subsidiary plant in Tianjin, the refiner will follow up with building a one million tonne per year crude-to-olefin plant, it said, without giving further details.
Buying A Used Mitsubishi Pajero: What To Look Out For
Nov 30, 2021 11:02 PM
The Mitsubishi Pajero has long been an iconic SUV that is highly revered by car lovers and enthusiasts in the country.
Top 5 Affordable EVs That You Can Consider In India
Nov 30, 2021 10:07 PM
It is a myth that all electric vehicles cost the moon! Here's taking a closer look at five electric vehicles that are comparatively affordable.
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