Bharat Petroleum Corporation Limited (BPCL) partners with Bounce Infinity to introduce “eDrive stores” at select fuel stations, facilitating easy access to electric two-wheelers and promoting …
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INDUSTRY NEWSLatest News
Chinese EV giants BYD and MG mull price strategies amid EU tariff uncertainty
Major Chinese electric vehicle manufacturers BYD and MG are deliberating their pricing strategies in response to potential EU tariffs, with decisions expected after July 4 …
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INDUSTRY NEWSLatest News
Global oil prices dip on interest rate concerns despite falling U.S. inventories
Crude oil futures declined due to potential higher interest rates in Asia and the U.S., while decreased U.S. oil stockpiles prevented steeper price drops.
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Austria has introduced a new law allowing authorities to confiscate and sell vehicles of drivers caught significantly exceeding speed limits, even after a single offence.
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INDUSTRY NEWSLatest News
Nissan halts production at Changzhou Plant amid market optimisation efforts
by Biplab Dasby Biplab DasThe Japanese automaker announced the halt on Friday, signalling a significant move in its operational approach in China.
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INDUSTRY NEWSLatest News
Chinese and Vietnamese EV makers lead surge in Southeast Asia’s market
by Biplab Dasby Biplab DasThis surge is encroaching on the market traditionally dominated by Japanese and Korean internal combustion engine (ICE) cars, according to a recent report by Counterpoint …
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Chevron’s stock has seen a 7.8% decline since the deal’s announcement, reflecting market uncertainty.
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In a move that has stirred controversy, Alpine, the Renault-owned Formula 1 team, has announced the return of former team boss Flavio Briatore. Briatore will …
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The top 10 countries with the most affordable gas prices include the United States, Turkey, Bulgaria, Romania, Hungary and Spain.
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INDUSTRY NEWSLatest News
Vitesco Technologies unveils new rotor lock actuator at SIA POWERTRAIN 2024
by Biplab Dasby Biplab DasThis new module for electric vehicles (EVs) combines three key functions into a single unit: park lock functionality, precise rotor position sensing, and optionally, the …