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Nick Carey

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.   REUTERS/Rebecca Cook/File photo
AutomotiveCritical MineralsElectric Vehicles (EVs)EmissionsManufacturingMiningNews

GM signs supply deal with Vianode for synthetic graphite for EV batteries

The deal will run from 2027 when Vianode launches production at a plant in North America, through to 2033.

FILE PHOTO: An employee leaves the Volkswagen's Mexico factory in Puebla, Mexico August 31, 2022. REUTERS/Imelda Medina/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)Trade

Analysis: How Trump’s Mexico tariffs could hurt Europe’s auto industry

Trump's proposed tariffs on Mexico could harm European carmakers like Volkswagen and Stellantis more than EU-specific tariffs.

A banner advertising the newly opened Electric Vehicle Center hangs at Ford's Cologne plant, which together with the Aachen site is affected by around 2,300 job cuts, as announced in February, in Cologne, Germany, June 12, 2023. REUTERS/Jana Rodenbusch/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsNewsTransport

Ford to cut European jobs as EV shift, Chinese rivals take toll

Ford to cut 14% of European workforce, citing EV losses, weak demand and rising competition.

FILE PHOTO: A logo of Bentley is seen outside a Bentley car deale in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman/File Photo
BusinessEconomyElectric Vehicles (EVs)ManufacturingNews

Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035

Bentley delays full EV shift to 2035, launching its first electric SUV in 2026 with plans for hybrids till 2035, citing demand.

BusinessElectric Vehicles (EVs)NewsRegulations

US autonomous truck startup Outrider raises $62 million to scale up

Outrider raises $62M in Series D to scale autonomous truck services in distribution yards, led by Koch and NEA.

FILE PHOTO: Cars are seen waiting in traffic on a road near Porta Nuova district in Milan, Italy, October 25, 2023. REUTERS/Claudia Greco/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceFuelLiquefied Petroleum GasNewsOilPolitics

Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

The EU's five biggest members spend 42 billion euros annually subsidizing fossil-fuel company cars, according to a recent study.

A Vay remotely-driven vehicle is pictured, in Las Vegas, Nevada, U.S., in this undated photo obtained by Reuters on January 16, 2024. Vay/Handout via REUTERS/File Photo
BusinessElectric Vehicles (EVs)NewsPolitics

Germany’s Vay gets $37 million from EIB for remote-driven services in Europe

German startup Vay secures €34M from EIB to expand its remote-driving tech across Europe, targeting Hamburg or Belgium.

The Alpine Alpenglow Hy6 prototype car is displayed on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier
AutomotiveBusinessElectric Vehicles (EVs)News

China-Europe rivalry heats up at Paris car show as EV tariffs loom

Chinese and European automakers clashed at the Paris car show as the EU plans tariffs on Chinese EVs amid weak demand.

FILE PHOTO: Stellantis-backed joint venture Leamotor International showcases Leapmotor C10 SUV in Malpensa, Italy, as it opens order for the model in Europe, September 24, 2024. REUTERS/Giulio Piovaccari/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...

FILE PHOTO: A general view of the power station of the Volkswagen plant, ahead of a Volkswagen's works council regular meeting with workers in Germany to discuss matters including progress on its cost-cutting drive, in Wolfsburg, Germany, September 3, 2024. REUTERS/Fabian Bimmer/File Photo
AnalysisBusinessElectric Vehicles (EVs)In-DepthIndustryLabourManufacturingTransport

Volkswagen labour clash spotlights Europe’s car factory problem

Despite the challenges VW faces, a review shows the carmaker may fare better than its European rivals regarding underused plants.

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