Focus on Business
Tesla’s China-made EV sales rise 3% y/y in Aug
Sales of U.S. automaker Tesla's China-made electric vehicles grew 3% in August from a year earlier, data from the China Passenger Car Association...
Norway’s electric car sales set new world record
Norwegian EV sales make up 94% of the market in August, setting records in a country that could sell only zero-emission cars 10...
Teck Resources announces new business structure after exiting coal
The company says it now has two regional business units, one for North America and one for Latin America.
China’s Sinochem plans to exit US shale JV with Exxon, sources say
Sinochem is exploring the sale of its 40% stake in a U.S. shale joint venture with Exxon Mobil, valued at over $2 billion.
Senators want Biden to lower South Korean import quota for piping products
Three U.S. senators urged the Biden administration to lower import quotas on South Korean drilling pipes, citing job losses.
GM, Lithium Americas agree to delay $330 million investment in Thacker Pass
General Motors has delayed the second tranche of investment in Thacker Pass, worth $330m, Lithium Americas said on Friday
Countries still far apart on COP29 finance goal
Countries still remain far from agreement on COP29 UN climate funding target to help developing countries cope with climate change
Tesla Beijing to recall 870 imported model X EVs, China regulator says
China's market regulator said on Friday that Tesla Motors Beijing will recall 870 imported Model X vehicles from Oct 8
US bankruptcy court approves stalking horse bid for SunPower assets
A U.S. bankruptcy court judge approved on Thursday a $45 million bid for the assets of failed residential solar company SunPower by rival...
