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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. The kingdom has established its own EV brand Ceer, and built an EV metals plant.

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Petrol and diesel price cut by Rs 2 per litre       | Autocar Professional

Baua Electric

State-owned oil marketing companies will cut the prices of petrol and diesel across the country by Rs 2 from March 15, 6 am, as per social media posts by the Ministry of Petroleum and Natural Gas and Minister Hardeep Singh Puri on X today. New prices would be effective from 15th March 2024, 06:00 AM,” the ministry said on X. “By

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SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery – ET Auto

Baua Electric

Analysts say rising oil prices benefited the company’s petrochemical business, helping to offset losses from its battery unit SK On, which has been facing weaker electric vehicle (EV) battery demand. SK added that it plans to carry out maintenance work for its No.5 5 crude distillation unit (CDU) in the second quarter.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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Tesla prices; in-wheel motor Land Rover; airless tires, robotaxis, Autopia: Today’s Car News

Baua Electric

Tesla cuts prices nearly across the board and appears to be pushing more people into Full Self Driving. The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made on Saturday. Disney is making a popular automotive ride all-electric.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Led by Tesla, US EV prices dropped by 13% year-over-year in February

Baua Electric

EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book. EV transaction prices in February were lower year-over-year by 12.8%, an accelerating decline compared to January, when prices were lower year-over-year by 11.6%. Get started here. –ad*

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