Focus on Business
GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
GM and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to...
US opens probe into 150,000 Stellantis vehicles over loss of motive power
The US NHTSA said Monday that it has opened an evaluation into about 150,000 Stellantis vehicles over reports of loss of motive power
Amplats says on track to demerge in 2025, plans secondary London listing
Amplats expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London
Renault CEO calls for flexibility in European EV transition timeline
Renault CEO expressed doubts over EV transition timeline, adding the carmaker has to bring down costs to deliver on its EV goals
Xpeng, Volkswagen set up project house to roll out new EV architecture
Chinese EV maker Xpeng has established partnership with German automaker VW to accelerate development of new EV architecture
Varta’s Porsche-led rescue would leave investors empty-handed
Varta stock plunged as much as 80% on Monday after the German battery maker said restructuring options would leave shareholders with nothing
Embraer’s Eve rolls out flying taxi prototype, cash needs covered until 2027
Electric aircraft maker Eve has showcased the full-scale prototype of its "flying taxi," as the company aims to enter service in 2026
Climate-related extreme weather puts oil and gas assets, production at risk
The oil and gas sector, like all industries, is exposed to climate risk from events like fires and extreme weather
India has ramped up its wind and solar energy. It now needs to expand places to store it
India's battery storage industry, vital for transitioning from dirty fuels, is growing rapidly despite high costs and supply chain issues, with ke investments...
