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FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Reaction to Musk’s post on voting for his $56 billion Tesla pay package

The company's attempt to seek a shareholder re-vote on the record-breaking pay has put the spotlight on CEO compensation in corporate America.

FILE PHOTO: The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Japan’s Honda to start selling micro-sized electric vans in October

Honda is the latest company set to launch in the small electric van market.

FILE PHOTO: The Parker Lake wildfire glows in an aerial photograph taken by a B.C. Emergency Health Services crew member through the window of an airplane evacuating patients from nearby Fort Nelson, British Columbia, Canada May 10, 2024. Andrei Axenov/BCEHS/Handout via REUTERS/File Photo
NewsWeather

Summer wildfires remain a risk in Canada after milder start to season

Canada's wildfire risk is expected to remain high over coming months, particularly in regions experiencing intense drought, including northwestern Alberta, northeastern British Columbia,...

The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

Eni’s Plenitude ready to list when market conditions are there, CEO says

Plenitude, the renewable business of Italian energy company Eni, is ready to list on the Milan bourse as soon as market conditions allow,...

The Tesla Logo is seen at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Tesla reported to police in Sweden over alleged illegal electrical work

US EV manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation work without the necessary registration

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Florida pension board backs $56 billion pay package of Tesla CEO Musk

Florida's pension board voted in support of the $56 billion pay package of Tesla CEO Elon Musk for the company's upcoming annual meeting

FILE PHOTO: Fisker Ocean electric SUV vehicles are shown at one of the company’s sales, service and delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

EV startup Fisker to recall 18,000 vehicles in latest setback

Fisker said on Wednesday it was recalling more than 18,000 cars in North America and Europe due to faulty software and non-compliance with...

FILE PHOTO: Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

China ready to defend interests over EU tariffs on EVs

China will take measures to "firmly safeguard" its interests after a report that the EU would impose tariffs of up to 25% on...

FILE PHOTO: A drone view shows vehicles partially underwater in a courtyard of the State Traffic Department during floods in Eldorado do Sul, Rio Grande do Sul state, Brazil, May 13, 2024. REUTERS/Amanda Perobelli
BusinessClimateEconomyFinanceNewsPolitics

World Bank board agrees to host climate ‘loss and damage’ fund

World Bank has, in principle, approved plans to create a fund to help cover the impact of extreme weather events

Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/file photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

Chinese automakers committed to Europe despite EV tariff probe: industry group

Chinese automakers' plans to invest in Europe won't be deflected by the EU's anti-subsidy probe into Chinese-made EVs, leading association said Tuesday.

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