Nick Carey
Mercedes teams up with Factorial to develop solid-state batteries
Reducing fire risks and increasing energy density, solid-state EV batteries should be on the road in 2026, say companies after joining forces.
Volvo Cars scales back margin and revenue ambitions
After axing EV target, Volvo Cars lowers revenue and margin aims while pledging one 'technology stack' for all models.
Uber invests in UK startup Wayve to speed up self-driving projects
Undisclosed amount invested by ride-hailing giant as Wayve hopes to speed up development of systems.
Leasing model behind Europe’s EV drive at risk of breakdown
Low resale values for electric cars have pushed the leasing firms that drive Europe's auto market to double prices over the last three...
Big truckmakers bet on hydrogen to extend combustion engine life
With electric batteries not up to the task of long-haul freight, hydrogen trucks offer a chance for low-emission deliveries.
GM co-leads $39 million funding for EV battery materials startup Addionics
Innovative electrodes could provide faster charging and financial savings for carmakers, as GM funds Addionics through venture capital arm.
Stellantis ready to axe brands and fix US problems, CEO says
'Operational issues' in North American markets see operating income fall for world's fourth-largest carmarker as it posts first half results.
Renault’s first-half profit beats estimates, sticks to 2024 outlook
Renault's first-half profit exceeded expectations due to strong pricing and new vehicle launches, maintaining its full-year profit-margin forecast amidst rising hybrid sales.
Volvo Cars blames EU tariffs as it cuts 2024 sales forecast
Volvo produced 211,900 cars in the second quarter, more than it sold amid the decline in European demand for EVs.
EU governments hesitant on Chinese EV tariffs as trade spat escalates
EU countries are wavering over whether to back additional tariffs on Chinese-built EVs, as Beijing threatens wide-ranging retaliation
