Share A global semiconductor shortage and other supply chain issues have dampened deliveries of cars globally,…
Month: April 2022
Vedanta To Create $10 Billion Fund To Bid For BPCL Stake, Other Assets
Share Vedanta plans to create a $10 billion fund to bid for assets including the Indian…
Hyundai Motor Partners With Quantum Computer Firm IonQ For Battery Development
Share The partnership will create a battery chemistry model to simulate the structure and energy of…
Mitsubishi Says Chip Shortage May Continue To Hit Mexican Output In H1: Report
Share Held back by the chip shortages, auto output in Mexico fell by 2% in 2021…
Toyota Needs To Build 1 Million Cars In March To Reach Annual Target
Share Toyota has been trying to increase production in the final months of the business year…
Reliance, Ola Electric, Mahindra Bid For Incentives Under India’s $2.4 Billion Battery Scheme
Share India wants to establish a total of 50 gigawatt hours (Gwh) of battery storage capacity…
VW Sales Hit 10-Year Low In 2021, BMW Races Ahead
Share The Volkswagen brand saw an 8.1 per cent drop in sales to just under 4.9…
UK’s Crown Estate, Volta Trucks To Run Electric Truck Trial In London
Share The trial will be run by the Crown Estate’s distribution provider Clipper Logistics and involve…
Toyota Says Its Tianjin Joint Venture Resumed Production On Jan 22
Share The site, which Toyota runs with Chinese automaker FAW Group, was shut on Jan. 10…
India’s HPCL To Raise Iraqi Oil Imports By 45% In 2022: Report
Share The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from…