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FILE PHOTO: The Swiss Parliament House (Bundeshaus) is seen in Bern, Switzerland, November 15, 2023.  REUTERS/Denis Balibouse/File Photo
ClimateEnvironmentLegislationNewsPoliticsRegulations

Swiss upper house of parliament slams European climate ruling

Swiss upper house of parliament slammed a recent ruling by a top European court that pressed the country to do more to combat...

FILE PHOTO: NIO electric cars logo is seen in this illustration taken Jan. 16, 2024. REUTERS/Dado Ruvic/Illustration//File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNewsTransport

EV maker Nio gets regulatory nod for third factory in China, sources say

EV maker Nio has won approval to build a third factory in China that would boost its total approved production capacity to 1...

FILE PHOTO: Volvo EX90, the company's new electric SUV, is unveiled during a launch event in Stockholm, Sweden November 9, 2022. Anders Wiklund/TT News Agency/via REUTERS /File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Volvo Cars’ May sales rise 13%, boosted by electric vehicles

Volvo sales rose 13% from a year earlier, buoyed by a 27% jump in Europe and a strong performance by its fully electric...

FILE PHOTO: People shop ahead of the holy month of Ramadan at the Mall of the Emirates in Dubai, United Arab Emirates, March 22, 2023. REUTERS/ Abdel Hadi Ramahi/File Photo
BusinessEconomyFinanceNewsPolitics

UAE’s non-oil business growth retains slower pace in May, PMI shows

Capacity constraints weighed on non-oil business activity in the UAE in May with output growth at its slowest in 16 months

FILE PHOTO: Saplings grown at the nursery of the nonprofit environmental group Rioterra, await planting to restore areas of a nearby rainforest, at the Jamari National Forest, in Itapua do Oeste, Rondonia state, Brazil, February 18, 2020.  REUTERS/Alexandre Meneghini/File Photo
Carbon ManagementClimateEmissionsEnvironmentIn-DepthLegislationNewsPoliticsRegulations

Researchers – Carbon removal needs to quadruple to meet climate goals

Governments need to plant more trees and deploy technologies that will quadruple the CO2 removed each year, researchers said Wednesday

An Nvidia Blackwell GPU is displayed at COMPUTEX in Taipei, Taiwan June 4, 2024. REUTERS/Ann Wang
BusinessElectric Vehicles (EVs)FinanceNews

Tesla likely to spend $3 billion to $4 billion on Nvidia hardware this year

Tesla will likely spend between $3 billion and $4 billion on its purchases of chip company Nvidia's hardware this year, CEO Elon Musk...

FILE PHOTO: A view of production at Stellantis' new electrified dual-clutch transmission (eDCT) assembly facility in the Mirafiori complex in Turin,Italy, April 10,2024. REUTERS/Massimo Pinca/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPolitics

Stellantis sees Italian plants running at full capacity in 2030

Stellantis CEO Carlos Tavares says the automaker had given reassurance to unions about its production plans until the start of the next decade,...

A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022. REUTERS/Megan Jelinger
BusinessElectricityLegislationNewsPoliticsSolar

First Solar, Qcells panels score green label preferred by US government

First Solar and Hanwha Qcells, have become the first solar panel makers to register under US government preferred environmental rating system

FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla to stop production at German plant for five days in June

EV maker Tesla will stop production at its German plant in Gruenheide for five days in June to improve processes in the factory...

A man holds a door to a Didi self-driving car during the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 30, 2019.  REUTERS/Josh Horwitz/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

China gives first approvals for public trials of advanced autonomous driving

China has granted approval to nine automakers to carry out tests on vehicles with advanced autonomous driving technologies on public roads

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