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FILE PHOTO: A Nikola Hydrogen Fuel Cell EV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
AutomotiveBusinessFinanceFuelHydrogenManufacturingNewsTransport

Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3

Nikola delivered 88 hydrogen fuel cell trucks in Q3, up from 72 in Q2, maintaining steady demand for its big rigs.

FILE PHOTO: The fully electric VW ID Buzz, is pictured on a production line at a Volkswagen Commercial Vehicle plant in Hanover, Germany, June 16, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveElectric Vehicles (EVs)News

Germany rejects Italy’s proposal of early review for EU combustion engine ban

Germany rejects Italy's call for an early review of the EU's combustion engine ban.

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, U.S. August 22, 2019.  REUTERS/Harrison McClary/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceManufacturingNews

GM’s Q3 US sales fall about two per cent

General Motors' Q3 U.S. vehicle sales dropped 2.2 per cent, with buyers opting for affordable models like the Trax SUV.

A visitor is reflected as he takes pictures of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. Picture taken October 4, 2018. REUTERS/Anushree Fadnavis/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Ford slashes annual, monthly prices for hands-free driving service

Ford Motor Co said on Tuesday it will lower the annual and monthly subscription prices for its hands-free driving technology.

FILE PHOTO: Visitors stand at the booth of Volkswagen's truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Volkswagen’s electric truck unit Traton plans to increase profitability by 2029

Volkswagen's Traton aims to boost electric truck sales, grow revenue by 20-40 per cent, and repay debt over the next five years.

FILE PHOTO: A Ferrari logo is being installed on a Ferrari car at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo/File Photo
AutomotiveElectricityEmissionsManufacturingNatural GasNewsSolarWind

Ferrari shuts down gas-fueled plant to double solar production

Ferrari shuts down methane-fueled plant to double solar power and cut CO2 emissions by 60%.

FILE PHOTO: A trader walks next to Siemens Energy AG logos during Siemens Energy's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 28, 2020. REUTERS/Ralph Orlowski/File Photo
BusinessCourtsInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsPoliticsRegulations

Siemens Energy agrees to settlement with US in case over gas turbine contracts

Siemens Energy to pay $104 million in U.S. settlement over using stolen trade secrets in bids for contracts in 2019.

A Fiat 500 electric car is displayed at a showroom of a car dealer in Rome, Italy, November 9, 2023. REUTERS/Guglielmo Mangiapane/File Photo
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsRegulationsTrade

Stellantis to halt production of electric Fiat 500 for longer due to poor demand

Stellantis' CEO Carlos Tavares will address Italian lawmakers on Oct. 11 about Fiat 500 EV production amid weak demand.

A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
NewsOil

US oil demand grew to highest seasonal level since 2019 in July, EIA data shows

U.S. oil demand hit a seasonal high in July, while production declined slightly, signaling a potential supply squeeze.

Employees work at a copper smelter in Yantai, Shandong province, China April 26, 2023. REUTERS/Siyi Liu/File Photo
BusinessCritical MineralsFinanceMiningNewsTrade

China’s stimulus sparks copper rally, but supply glut clouds outlook

Copper prices surged this week on China's stimulus hopes, but oversupply forecasts suggest the rally may be premature.

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