Wednesday, 12 February 2025

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FILE PHOTO: The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service ands delivery centers in Vista, California, U.S., May 22, 2024. REUTERS/Mike Blake/File Photo
BusinessCourtsElectric Vehicles (EVs)FinanceManufacturingNews

Fisker seeks judge’s approval to sell Ocean EVs at $14,000 per SUV

Following the judge's nod, Fisker will be able to offload 3,321 EVs to New York-based American Lease for $46.25 million.

FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMineralsMiningNews

Chile’s Codelco sees copper output ticking up in second half of year

Codelco's output should tick up in the second half of this year, the chairman of Chile's state-run miner said.

FILE PHOTO: A Fiat 500 electric car is displayed at a showroom of a car dealer in Rome, Italy, November 9, 2023. REUTERS/Guglielmo Mangiapane//File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Carmaker Stellantis joins forces with France’s CEA for EV battery research

Stellantis announced on Wednesday a partnership with the French state's CEA research organisation to work on next gen battery cells for EVs

FILE PHOTO: The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelNatural GasNewsOil

China’s Sinopec strikes large oil, gas flow at South China Sea well

China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the...

BusinessCritical MineralsMineralsMiningNewsPoliticsTrade

Russian firms raise zinc output to meet government demand: sources

Russian firms have boosted zinc metal production over the past month to benefit from rising state demand and reduce reliance on China.

FILE PHOTO: A farmer sprinkles pesticide on the field as smoke rises from the chimneys of a coal power plant as the demand for coal-based power plants has risen due to the prolonged heatwave spells, in Dadri, India, June 20, 2024. REUTERS/ Priyanshu Singh/File Photo
BusinessCoalFinanceFuelInfrastructureNewsUtilities

India asks utilities to order $33 billion in equipment this year to boost coal power output: sources

India has asked power companies to order equipment worth $33bn this year to fast track capacity additions of coal-fired power

FILE PHOTO: A general view of visitors looking at models from BYD, a Chinese automobile manufacturer, during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

EU governments hesitant on Chinese EV tariffs as trade spat escalates

EU countries are wavering over whether to back additional tariffs on Chinese-built EVs, as Beijing threatens wide-ranging retaliation

Workers walk past a stack of battery units after the launching of Indonesia's first battery cell production plant for electric vehicles with an annual capacity of 10 Gigawatt hours (GWh) of battery cells at HLI Green Power, a joint venture between South Korea's Hyundai Motor Group and LG Energy Solution (LGES), in Karawang, West Java province, Indonesia, July 3, 2024. REUTERS/Ajeng Dinar Ulfiana
BusinessCritical MineralsEfficiencyElectric Vehicles (EVs)ManufacturingNews

Hyundai Motor, LG Energy Solution launch Indonesia’s first EV battery plant

The plant is part of a commitment by Hyundai Motor and LGES to invest up to $9.8 billion in Southeast Asia's largest economy...

People inspect electric vehicles made by Chinese automaker BYD during an auto fair in Jakarta, Indonesia, Wednesday, June 19, 2024. Investment in electric vehicle manufacturing is booming in Morocco, a country that neighbors Europe and enjoys a free trade agreement with the United States. That's partially because Chinese firms see it as a side door to access the U.S. market and new Biden administration subsidies designed to shut them out. (AP Photo/Achmad Ibrahim)
BusinessElectric Vehicles (EVs)NewsPolitics

EV boom: Morocco gains from US-China trade dynamics

Chinese manufacturers have announced plans for new factories to make parts for EVs that may qualify for $7,500 credits to car buyers in...

FILE PHOTO: Tesla's Model 3 is displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika Warmuth/File Photo
AnalysisBusinessElectric Vehicles (EVs)In-DepthManufacturing

Analysis: Rough road ahead for US EV makers despite upbeat quarterly sales

Demand for EVs has grown more slowly than expected due to high borrowing costs, economic uncertainty and consumer preference for gasoline-electric hybrids.

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