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Saturday, 31 October 2026

21 briefs so farthis page grows with every cycle of the daylast update 00:59 UTC

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  • WTI, Brent Settle Higher as Geopolitical Risk Premium Holds.
  • ExxonMobil Lifts Rovuma LNG Stake to 50%, Takes Over Papua LNG.
  • ExxonMobil Third-Quarter Profit Doubles to USD 15.4 Billion.
  • DOE Opens $237 Million Call for Domestic Grid Component Supply Chains.
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Transport

Offenburg Court Signals EV Makers May Have to Take Back Cars With Faulty Batteries

The Offenburg Regional Court has issued a preliminary legal assessment, not a judgment, in a case over electric vehicles with faulty batteries, according to electrive.

The court order does not yet constitute a ruling, electrive reported.

Under the EU product recall rules described by electrive, responsible companies must offer affected consumers an effective, free and timely remedy.

Source: electrive.com (opens in a new tab)1 sourcePermalink

Transport

Vingroup Plans USD 500 Million EV Plant in the Philippines

Vingroup, the parent company of VinFast, plans to build a new electric vehicle manufacturing facility in the Philippines, according to electrive.

The Vietnamese conglomerate will invest USD 500 million, approximately EUR 449 million, in the site, electrive reported.

According to the DTI, cited by electrive, the facility will offer an initial annual production capacity of 200,000 vehicles.

Source: electrive.com (opens in a new tab)1 sourcePermalink

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