Saudi Arabia, Russia, and other OPEC+ members currently collectively produce approximately 43 million barrels per day, which accounts for over 40% of the global supply.
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Ather 450 Apex electric scooter will feature a clean, sharp, and minimalistic design coupled with peak performance.
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The United Auto Workers (UAW) union has initiated a first-of-its-kind campaign to publicly organise the entire non-union auto sector in the United States.
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INDUSTRY NEWSLatest News
Challenges persist in EV reliability despite surging popularity
by Biplab Dasby Biplab DasAccording to the survey, hybrid vehicles exhibited fewer issues compared to gasoline-powered vehicles, while plug-in hybrids faced a notable 146% increase in problems.
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While Uber has opened up its platform to London Black cabs, the group representing the latter has dismissed the offer.
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INDUSTRY NEWSLatest News
UK auto production forecast revised to one million cars
by Biplab Dasby Biplab DasDespite falling short of pre-pandemic levels exceeding 1.5 mn cars, the sector’s recovery is attributed to resolved supply chain issues and a swift transition to …
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Around 3,600 workers at the idle Volkswagen plant are currently being paid two thirds of their salary under the furlough scheme.
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Chevrolet has taken the wraps off the new full-size Tahoe and Suburban luxury family SUVs in the US market. The updated SUVs offer a refreshed …
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INDUSTRY NEWSLatest News
India initiates USD 5.4 bn auction for critical minerals
by Biplab Dasby Biplab DasThe initial tranche, concluding on February 20, will involve the auctioning of 20 blocks, representing the commencement of a larger plan encompassing 100 blocks.
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INDUSTRY NEWSLatest News
Zeekr halts U.S. IPO plans amid valuation discrepancies
by Biplab Dasby Biplab DasThe decision aligns with the backdrop of ongoing volatility in global financial markets, contributing to an uncertain IPO environment.