The growth of crude oil exporters could be in unison with a contraction of as much as 42% of the global crude oil exports.
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INDUSTRY NEWSLatest News
Africa’s e-Mobility revolution gains momentum with USD 50 mn boost
by Biplab Dasby Biplab DasThe landmark deal, signed by Spiro, a leading electric vehicle (EV) company, and the African Export-Import Bank (Afreximbank), marks a pivotal development in Africa’s e-mobility …
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INDUSTRY NEWSLatest News
Daimler Truck showcases autonomous electric Freightliner eCascadia at ACT Expo
by Biplab Dasby Biplab DasThis unveiling provided attendees with a glimpse into the potential evolution of the trucking industry, blending zero-emission technology with autonomous driving capabilities.
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By offering an automatic, Toyota could tap on the niche segment of the market that is overlooking the GR Corolla due to absence of an …
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From McLaren Racing to the Mercedes-AMG Petronas Formula 1 Team, Lego has partnered with renowned automotive names for its new offerings.
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VinFast is also facing two separate investigations in the United States. The first relates to an April accident in California.
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INDUSTRY NEWSLatest News
NHTSA probes Volkswagen ID.4 door issues amid safety concerns
by Biplab Dasby Biplab DasThis investigation addresses reports of doors opening while the vehicle is in motion, a serious safety concern that has already prompted 12 consumer complaints.
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INDUSTRY NEWSLatest News
Electricity consumption from light-duty vehicles in US more than rail in 2023
The annual quarterly electricity consumption as an estimate of the energy consumed by EVs exhibited significant increase.
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Lamborghini CEO Stephan Winkelmann believes the market for electric supercars simply isn’t there yet. “It’s too early”.
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INDUSTRY NEWSLatest News
US safety officials investigate VinFast vehicle accident resulting in four fatalities
The complaint filed on April 29 by a coworker of the deceased driver raised concerns about a previous incident.