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Electric power transmission pylon miniatures and Sempra Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

US utility Sempra’s profit falls 17% in first quarter

U.S. power and gas utility Sempra posted a 17% drop in its first-quarter profit on Tuesday, impacted by lower earnings at two of...

Robotic arms assemble cars in the production line for Leapmotor's electric vehicles at a factory in Jinhua, Zhejiang province, China, April 26, 2023. China Daily via REUTERS/File photo
AutomotiveBusinessElectric Vehicles (EVs)News

Chinese EV makers’ plans to make cars in Europe

Chinese carmakers are looking to manufacture in Europe as they aim to ramp up sales of lower costs cars to rival their European...

A view shows the logo of Chinese automobile manufacturer Geely at a dealership in Moscow, Russia, March 23, 2023. REUTERS/Maxim Shemetov/File photo
AutomotiveBusinessNewsTransport

Geely, Foretellix partner to jump-start self driving car development

Automaker Geely and Israeli startup Foretellix form strategic partnership to accelerate large-scale development of self-driving vehicles

The BYD logo is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV Dolphin Mini in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s BYD to launch first pick up truck at event in Mexico

China's EV giant BYD said Tuesday it will hold the global launch of its first pick up truck, the BYD Shark, at an...

FILE PHOTO: Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo
LegislationLiquefied Natural GasNewsPoliticsRegulations

Nearly 75 Democratic lawmakers support Biden’s LNG pause

Nearly 75 U.S. lawmakers from President Joe Biden's Democratic party on Tuesday praised his pause on approvals of exports of LNG

A view of Duke Energy's Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018. REUTERS/Chris Keane/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

Duke Energy beats first-quarter profit estimates on higher rates

Duke Energy beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity

FILE PHOTO: U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca/File photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

EV truck maker Nikola misses first-quarter revenue estimates

Nikola missed Wall Street expectations for quarterly revenue on Tuesday, as the electric truck maker delivered fewer hydrogen fuel cell trucks amid an...

A staff member of Chinese electric vehicle (EV) maker Nio drives a Nio car as he demonstrates to media about the operation of the new battery swapping station, at a delivery center of the company, in Nanxiang, Shanghai, China March 23, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s Nio turns to rival BYD to power new EV brand, sources say

China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a...

Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla’s China-made EV sales fall 18% y/y in April

BEIJING (Reuters) – U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market’s...

FILE PHOTO: China's special envoy for climate change Liu Zhenmin speaks at the China Development Forum (CDF) 2024, in Beijing, China March 24, 2024. REUTERS/Jing Xu/File Photo
ClimateNewsPoliticsTrade

China’s climate envoy to visit Washington this week, U.S. State Department says

The Biden administration had previously said that U.S. climate change diplomat John Podesta would meet Liu Zhenmin in Washington sometime in May, resuming...

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