French automobile manufacturer, Renault’s higher value brands have reportedly performed solidly during the previous year, which has helped cushion the blow of an overall drop in the annual worldwide sales of the group. The automaker ....

Audi AG reportedly sold 81,894 fully electric vehicles in 2021, marking a 57.5% increase over the previous year’s figures. However, it delivered 16,80,512 vehicles in total, which was 0.7% less than the volumes recorded in 2020. The ....

Nakilat, one of the largest LNG shipping operators in world headquartered in Qatar, recently announced partnership with ABS to develop an innovative decarbonization strategy. Since last few months, the maritime company’s project team....

Petronas has reportedly teamed up with Sarawak Shell Bhd in a joint study and collaboration agreement (JSCA) to explore opportunities and assist Malaysia in carbon capture and storage (CCS) and carbon dioxide (CO2) storage solutions. Under....

Paytm shares reportedly slumped 6% on Monday (11th January), closing at USD 15.6. The sharp decline is a 46% drop from the initial issue price of USD 28.90 during its stock market debut in November 2021. As per sources, the steep fall come....

BMW outperforms its German competitor Mercedes-Benz for the first time in five years. In 2021, Mercedes-Benz sold 2.05 million vehicles as compared to 2.2 million sold by BMW. Mercedes-Benz lost to BMW in 2021 for the first time in fiv....

South Korea’s largest car-sharing platform SOCAR Inc. has reportedly filed for an initial public offering. The development comes amidst rumors that SOCAR could be a potential hot IPO as the leader in the subscription-based business mo....

Combined VSAT (very small aperture terminal) operations led by Hughes and Airtel in India will provide a diverse range of satellite as well as hybrid network solutions for its government and business clients Indian broadband satellite prov....

Mercedes Benz has reportedly been working on matching the pace of EV leader, Tesla Inc. To that effect, the German luxury automaker has now reeled in experts from its highly acclaimed Formula One team to assist in developing the recently la....

Hyundai Motors and its affiliate Kia are anticipating a 12% surge in their worldwide sales volumes in 2022, despite last year's sales falling short of expectations due to the global semiconductor crisis. For the record, in 2021, the fi....