In a statement China Evergrande New Energy Vehicle Group said, it will start accepting orders for its Hengchi 5 electric sport utility vehicle, “imminently”; to this end it will open sales centres in 15 major cities across the country. The company… Read More ›
In a tweet, Elon Musk said, he is giving some “serious thought” on building a new social media platform. This was in response to a Twitter user’s question on whether he would consider building a social media platform based on… Read More ›
In a statement Vitesco‘s Chief Executive Andreas Wolf said, the company had received a $2.20 billion (2 billion euros) order to produce a component for electric vehicles (EVs). Wolf did not name the client. Last year the company had forecast… Read More ›
Late on Sunday, Russian energy giant Gazprom said, supply of liquid natural gas to Europe via Ukraine in line with requests from European consumers is continuing. LNG requests stood at 109.6 million cubic metres (mcm) for March 27, slightly up from… Read More ›
In a significant development, the British police have arrested 7 people following a series of hacks by the Lapsus$ hacking group which targeted companies including Microsoft Corp and Okta Inc. The authentication services of San Francisco-based Okta Inc are used by… Read More ›
Late on Sunday, German Chancellor Olaf Scholz said, Germany is considering purchasing a missile defense system to shield against a potential Russian attack. “This is certainly one of the issues we are discussing, and for good reason,” said Scholz. He… Read More ›
In a significant development, the European Union and the United States have signed a deal, which sees Washington supplying liquefied natural gas (LNG) to Europe. Russia’s invasion of Ukraine has pushed already high LNG prices to record high and has… Read More ›
A day after Russia ordered LNG purchasers from unfriendly countries to pay for Russian LNG deliveries in Rubles, German utilities opined that Germany needed an early warning system to tackle any potential gas shortages raising the risk of a supply… Read More ›
In a significant development, supermarket chains in Greece have said, they have begun restricting how much flour and sunflower oil customers can buy, following a rise in worries on supplies stemming from the Russia-Ukraine conflict. The conflict has led to… Read More ›
In a statement the U.S. State Department said, it has approved the potential sale of M270 Multiple Launch Rocket Systems Upgrade and related equipment to Bahrain at an estimated cost of $176 million. The principal contractor will be the Lockheed… Read More ›
