Focus on Business
GM seeks to ease investor concerns as EV growth slows
GM aims to reassure investors that profits from ICE vehicles remain strong and EV sales are improving, despite slower demand.
Porsche to recall over 27,000 EVs in US over battery short circuit risk
Porsche recalls 27,527 Taycan sedans in the U.S. due to potential battery short circuit, posing fire risks, per NHTSA.
China is oversupplying lithium to eliminate rivals, US official says
Chinese lithium overproduction causes an 80 per cent price drop, impacting global competition and hindering supply chain diversification.
Tesla’s Musk heads to Hollywood to unveil his robotaxi — and face a long list of questions
Tesla to unveil its Cybercab robotaxi, but experts doubt short-term gains amid high expectations and regulatory hurdles.
More emissions accountability needed in Toronto’s financial sector: report
Toronto's financial sector vastly under-reports its emissions, a new study finds, urging the city to encourage stronger reductions.
Northvolt subsidiary Ett Expansion AB files for bankruptcy
Northvolt's subsidiary files for bankruptcy as a project is canceled, while the group focuses on scaling battery production.
LG Energy Solution to supply EV batteries to Mercedes-Benz affiliate in North America
LGES signed a deal to supply EV batteries to a Mercedes affiliate, boosting shares 5.7 per cent despite forecasting lower profits.
Making customers pay for Fisker vehicles recall repairs is illegal, DOJ says
Fisker has also issued multiple recalls this year to fix issues related to door handles, faulty software and noncompliance.
Analysis: EU backing for China EV tariffs shows Berlin’s waning influence
Germany's split with the EU on Chinese EV tariffs highlights its diminishing influence on EU policy, as Berlin prioritizes domestic concerns.
Hudbay Minerals settles civil lawsuits regarding former operations in Guatemala
Hudbay Minerals Inc. has settled three lawsuits linked to its former Fenix nickel project in Guatemala, involving 13 plaintiffs, without admitting liability.
