Auto Industry News
Oil Rebounds On Speculation OPEC+ May Pause Output Increase
Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.
Nissan Plans 50% Electric Vehicle Sales By 2030
Nov 29, 2021 02:38 PM
Nissan will invest two trillion yen ($17.5 billion) over the next five years to speed up electrification, aiming to launch electric vehicles with its proprietary batteries by 2028.
Mammootty's Followers Have Actually Created A Fan Page For His Auto Collection!
Nov 29, 2021 12:39 PM
Mammootty is known to be the highest-paid megastar from the Malayalam Film Industry and his auto collection is as massive as his fan following.
How To Drive On The Highway
Nov 29, 2021 07:01 AM
While driving on highways, there are always some basic aspects that you should keep in mind.
F1: Founder Of Williams Racing, Frank Williams, Passes Away At The Age Of 79
Nov 29, 2021 03:20 AM
Williams built a team that took on bigwigs like Ferrari, BMW, Brawn among others and made the Williams Racing Team a force to reckon with
New German Government Aims For At Least 15 Million EVs By 2030
Nov 29, 2021 12:09 AM
Germany aims to have at least 15 million electric cars on the roads by 2030 in its shift towards climate neutrality, up from a previous goal of 14 million.
Piech Automotive Says Incari Software In Its First EV Model Quick To Update
Nov 29, 2021 12:02 AM
Piech Automotive is due to release its 200,000 euro Piech GT model in 2024, with a production target of 10,000 cars a year.
Daimler To Produce First In-House Electric Motor At Berlin Plant
Nov 28, 2021 11:21 PM
The motor, known as an axial-flux motor and designed by the British startup YASA which Daimler acquired earlier this year, weighs a fraction of its diesel equivalent and can boost the range of an EV by up to 7%.
Oil Steadies As Investors Question Reserve Release
Nov 28, 2021 11:10 PM
The United States said it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to try to cool prices after OPEC+ ignored calls to pump more.
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