Focus on Business
Chinese EV maker BYD sets higher annual sales target, brokerage report shows
BYD annual sales goal of 4 million vehicles for 2024 would put the EV manufacturer almost on a level with Ford Motor.
China proposes negotiations with EU to resolve electric vehicle tariff dispute
Vice Commerce Minister Li Fei said China was willing to engage in dialogue and consultations about EU's tariff plan for electric vehicles.
US Gulf Coast residents flee, oil production shut as Francine intensifies
Energy companies began evacuating offshore workers and shut-in output at several production platforms ahead of the storm.
Energy transition the big theme among the TSX’s top performers
Mining, electrical infrastructure and more make up the majority of Toronto Stock Exchange as energy transition turns into big business.
Volkswagen to recall nearly 99,000 EVs in US over door handle issues
Recalled Volkswagen ID.4 EVs from model years 2021-2024 might have been built with door handles that do not meet factory specifications, says NHTSA.
EU to trim proposed tariffs on Tesla, other EVs from China
Revisions reportedly made to EU's EV tariffs after companies supply new information, with Tesla rate dropping to just 8%.
China auto suppliers, EV makers flood major trade fair in Germany
To gain a foothold amid looming tariffs, Chinese EVs come to Germany to show off vehicles at trade fair.
UK offshore emissions reduction of 50% by 2030 ‘appears within reach’
Report shows cuts to North Sea emissions have continued, on track to meet net zero target for 2050.
Nippon Steel rebuts US Committee on Foreign Investment’s case against its US Steel bid
Nippon Steel defends its $14.9 billion bid for U.S. Steel, arguing U.S. politics, not security, drive opposition to the deal.
Canada’s Unifor, GM start contract talks for CAMI assembly plant
General Motors and Unifor Local 88 begin talks for a new contract for 1,300 CAMI plant workers, with a strike looming.
