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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

However, the company’s biggest supporter, Sequoia, was part of the latest round. The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka. EV plans for Bounce Infinity also include building a battery swap network. However, it denied consideration of direct sales.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

It would also force foreign suppliers to seek other markets for all or part of the exports they previously sent to the U.S. by Dalan McEndree for Oilprice.com. If, as seems increasingly likely, the ban on crude exports is lifted, U.S. crude will compete with Russian crude in several key markets.

Russia 150
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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

For the better part of two months, optimism surrounding the OPEC deal has buoyed oil prices, but bullish sentiment from speculators are showing early signs of abating, raising the possibility that the oil rally is running out of steam. On top of that, Kuwait’s envoy to OPEC said that Qatar, Kuwait and Oman were also complying with the cuts.