A global semiconductor shortage and other supply chain issues have dampened deliveries of cars globally, with…
Day: April 30, 2022
Vedanta To Create $10 Billion Fund To Bid For BPCL Stake, Other Assets
Vedanta plans to create a $10 billion fund to bid for assets including the Indian government’s…
Hyundai Motor Partners With Quantum Computer Firm IonQ For Battery Development
The partnership will create a battery chemistry model to simulate the structure and energy of lithium…
Mitsubishi Says Chip Shortage May Continue To Hit Mexican Output In H1: Report
Held back by the chip shortages, auto output in Mexico fell by 2% in 2021 from…
Toyota Needs To Build 1 Million Cars In March To Reach Annual Target
Toyota has been trying to increase production in the final months of the business year to…
Reliance, Ola Electric, Mahindra Bid For Incentives Under India’s $2.4 Billion Battery Scheme
India wants to establish a total of 50 gigawatt hours (Gwh) of battery storage capacity over…
VW Sales Hit 10-Year Low In 2021, BMW Races Ahead
The Volkswagen brand saw an 8.1 per cent drop in sales to just under 4.9 million…
UK’s Crown Estate, Volta Trucks To Run Electric Truck Trial In London
The trial will be run by the Crown Estate’s distribution provider Clipper Logistics and involve a…
Toyota Says Its Tianjin Joint Venture Resumed Production On Jan 22
The site, which Toyota runs with Chinese automaker FAW Group, was shut on Jan. 10 for…
India’s HPCL To Raise Iraqi Oil Imports By 45% In 2022: Report
The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq…