Reuters
VW buckles after years of pressure to sell up in Xinjiang
Volkswagen announced it will extend its partnership with SAIC to 2040 while selling operations in Xinjiang.
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
Pony AI announced raising $260M in its U.S. IPO, valuing the China-based robotaxi firm at about $4.55B.
China’s Hesai to halve lidar prices next year, sees wide adoption in electric cars
China’s Hesai to cut lidar prices by 50 per cent, boosting EV adoption; plans global expansion amid rising demand from automakers.
BYD asks suppliers to cut prices as China auto war intensifies
Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest...
US energy lobbying groups wary about Trump tariffs threat
U.S. oil and gas groups express concern over Trump's tariff threat on Canada and Mexico, warning of potential industry impacts.
Gazprom 2025 plan assumes no more transit via Ukraine to Europe, source says
Gazprom plans for no gas transit via Ukraine after Dec. 31, as Ukraine seeks to end the transit deal, hurting Russian-European energy ties.
Britain to launch consultation on electric vehicle transition
Britain will consult on its zero-emission vehicle mandate but maintain the 2030 deadline for phasing out petrol and diesel car sales.
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
VinFast reported a $550M Q3 net loss, smaller than last year, aided by higher demand.
Snapshot: Major fallout for India’s Adani Group after U.S. bribery indictment
Adani Group's market value drops $33B after U.S. bribery charges; TotalEnergies halts investments, other deals stall.
ADB approves $500 million loan for Philippines’ climate change efforts
The loan will boost reforms in Southeast Asia, driving agriculture, energy, and transport toward a low-carbon future.
