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Parliamentary Budget Officer Yves Giroux waits to appear before the Senate Committee on National Finance, Tuesday, October 17, 2023 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
BusinessCarbon ManagementEconomyEmissions MarketsNewsPoliticsRegulations

Canada’s PBO releases updated carbon price report after previous error sparked controversy

The parliamentary budget officer says his updated carbon price report is consistent with earlier findings, despite correcting an error.

FILE PHOTO: EVGO Inc. Fast electric vehicle chargers are shown charging a Chevy Bolt in Encintas, California, U.S.,October 17, 2023. REUTERS/Mike Blake/File Photo
BusinessEconomyElectionsElectric Vehicles (EVs)FinanceLabourNewsPolitics

UAW chief slams Trump over threat to revoke EV investments

UAW President warns hundreds of thousands of U.S. jobs are at risk if Trump revokes the Inflation Reduction Act's EV investments.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. .  REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)IndustryInfrastructureManufacturingNewsStorageTransmission

GM offering new home energy storage options for US EV owners

GM is offering electric vehicle owners a home storage option to store and transfer solar energy, part of the company's sales pitch to...

FILE PHOTO: A Tesla Model 3 vehicle drives using FSD (Full Self-Driving) in Encinitas, California, U.S., October 18, 2023.     REUTERS/Mike Blake/File Photo
AnalysisBusinessElectric Vehicles (EVs)IndustryLegislationManufacturingNewsRegulations

Tesla gambles on ‘black box’ AI tech for robotaxis

Tesla's upcoming robotaxi reveal may showcase risky "black box" AI tech, lacking the safety transparency found in lidar-equipped competitors.

An aerial view showing rows of electric cars.
BusinessElectric Vehicles (EVs)News

Chinese electric car companies cope with European tariffs

Chinese electric car companies, including MG Motor and BYD, will keep prices low in Europe despite new hefty tariffs this month.

FILE PHOTO: Toyota Motor Corporation President Akio Toyoda speaks at a briefing on the company's strategies on battery EVs in Tokyo, Japan December 14, 2021. REUTERS/Kim Kyung-Hoon/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryNews

Shift to EV-only future would spell job losses, Toyota chairman warns

A shift to an electric vehicle-only future could result in job losses for those in engine-related technology.

Cars produced by Chinese automaker Chery are on display at a dealership in Saint Petersburg, Russia September 30, 2024.  REUTERS/Anton Vaganov
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

China’s Chery assembles cars in Russian plants vacated by Western rivals

Chinese carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen...

China's massive solar industry, which enjoys strong support from the state, makes eight of every 10 solar panels in the world (AFP)
AnalysisBusinessClimate FinanceEconomyElectricityIndustryInfrastructureManufacturingPoliticsRegulationsSolarTrade

China’s solar goes from supremacy to oversupply

China's solar industry, bolstered by state support, faces challenges from foreign tariffs and intense domestic price competition.

FILE PHOTO: Brine pools used to extract lithium are seen next to a lithium mining camp at the Salar del Rincon salt flat, in Salta, Argentina August 12, 2021. REUTERS/Agustin Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)ManufacturingMining

Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Rio Tinto's $6.7B Arcadium buyout will give it lithium filtration technology set to transform electronics, EV production.

Before it turned off the switches in October 2022, the plant fed 121 megawatts into South Africa's grid (AFP)
AnalysisBusinessClimateCoalEconomyElectricityEmissionsIndigenousLabourPoliticsSolarWind

South Africa offers a lesson on how not to shut down a coal plant

South Africa’s Komati coal plant shutdown stalls green transition, leaving jobs lost and renewable projects delayed.

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