Monday, 10 February 2025

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Ola Kaellenius, CEO of Mercedes-Benz Group AG, poses for a picture at "Factory 56", one of the world's most modern electric and conventional car assembly halls of German carmaker Mercedes-Benz, in Sindelfingen near Stuttgart, Germany, March 4, 2024. REUTERS/Wolfgang Rattay/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsTradeTransport

Mercedes chief expects EU decision on Chinese EVs tariffs

Mercedes Benz CEO Ola Kaellenius expects a decision on EU's import tariffs on Chinese EVs soon, he said at an industry conference on...

Solar panel costs have decreased by 30 percent over the past two years, the IEA said (AFP)
BusinessElectricityFinanceNewsSolar

Solar investment outstrips all other power forms: IEA

Solar investments are set to reach half a trillion dollars this year, the world's top energy research body said Thursday

FILE PHOTO: A drone view shows bifacial 540 W solar panels at a solar panels park by energy supplier Enel Green Power, in Trino, Italy, March 5, 2024. REUTERS/Claudia Greco/File Photo
BusinessElectric Vehicles (EVs)ElectricityFinanceGeothermalHydropowerNewsNuclear PowerSolarWind

IEA expects global clean energy investment to hit $2 trillion in 2024

Global investment in clean energy technology and infrastructure is set to hit $2tn, twice the amount going into fossil fuels, IEA report shows

An extreme fire warning sign is shown along Highway 97 toward Fort Nelson outside the Charlie Lake Fire Hall near Fort St. John, B.C., on Monday, May 13, 2024. THE CANADIAN PRESS/Jesse Boily
BusinessLabourNatural GasNewsUtilitiesWeather

Reduction in volumes forces Fort Nelson, B.C. natural gas plant to suspend operations

A company that operates a natural gas plant in Fort Nelson, B.C., is suspending operations because of a reduction in gas volumes, which...

FILE PHOTO: The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessCourtsFinanceNewsOil

Vanguard says it backed Exxon board, but cites investor rights concerns

Vanguard said its funds supported the election of Exxon's director nominees at its annual meeting last week, but the mutual fund giant cited...

FILE PHOTO: Wind turbines and solar panels are seen at a wind and solar power plant by State Power Investment Corporation (SPIC) in Zhangjiakou, Hebei province, China October 29, 2018. REUTERS/Stringer/File Photo
BusinessEconomyElectricityHydrogenNewsPoliticsSolarWind

China’s SPIC invests $147 million in Brazil wind farms, launches solar parks

Chinese electricity company SPIC announced on Wednesday a 780 million reais ($147.41 million) investment in construction of two new wind farms in Northeastern...

FILE PHOTO: Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, U.S. August 2, 2023. REUTERS/Carlos Barria/File Photo
AviationBusinessElectric Vehicles (EVs)NewsRegulationsTransport

Air taxi maker Archer Aviation receives FAA nod to start commercial services

Archer Aviation is the second electric air taxi maker to achieve the key milestone.

FILE PHOTO: Volvo EX90, the company's new electric SUV, is unveiled during a launch event in Stockholm, Sweden November 9, 2022. Anders Wiklund/TT News Agency/via REUTERS /File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Volvo Cars’ May sales rise 13%, boosted by electric vehicles

Volvo sales rose 13% from a year earlier, buoyed by a 27% jump in Europe and a strong performance by its fully electric...

FILE PHOTO: NIO electric cars logo is seen in this illustration taken Jan. 16, 2024. REUTERS/Dado Ruvic/Illustration//File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNewsTransport

EV maker Nio gets regulatory nod for third factory in China, sources say

EV maker Nio has won approval to build a third factory in China that would boost its total approved production capacity to 1...

FILE PHOTO: People shop ahead of the holy month of Ramadan at the Mall of the Emirates in Dubai, United Arab Emirates, March 22, 2023. REUTERS/ Abdel Hadi Ramahi/File Photo
BusinessEconomyFinanceNewsPolitics

UAE’s non-oil business growth retains slower pace in May, PMI shows

Capacity constraints weighed on non-oil business activity in the UAE in May with output growth at its slowest in 16 months

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