Focus on Business
China tells carmakers to pause investment in EU countries backing EV tariffs, sources say
China advises automakers to halt investments in EU nations backing new EV tariffs, potentially widening the Europe-China rift.
Embraer’s Eve gets $50 million Citi loan to fund ‘flying car’ development
Eve secures a $50 million Citibank loan, boosting funds for its eVTOL 'flying car' development and 2026 launch plans.
Ford investors impatient for the automaker to rev up efficiency efforts
Ford stock dropped 8% this week as quality and cost issues raise concerns over CEO Farley’s efficiency plans and lagging EV goals.
Is the UK’s hydrogen infrastructure prepared for a CfD-powered future?
The U.K.’s green hydrogen CfDs faces cost, demand, and market challenges. An OIES paper says government support and innovation are essential.
Stellantis to recall over 33,000 Ram trucks, NHTSA says
Stellantis recalls 33,777 Ram 1500 trucks in U.S. due to potential damage in front wheel hub encoder rings, affecting stability control.
Volvo Cars seeks to oust Northvolt from EV battery venture
Volvo seeks Northvolt’s stake in their battery JV NOVO but needs a new partner to maintain gigafactory plans, aiming for 2026 production.
Chinese automaker Geely steps up challenge to BYD with new hybrid tech
Geely’s new Leishen hybrid tech outperforms BYD in fuel efficiency with 2.62L/100km and 2,390 km range, boosting hybrid competition.
Toyota to get Suzuki’s first-ever EV as partnership expands
Suzuki's Indian unit will supply its first electric vehicle to Toyota, marking their first collaboration on green vehicles.
First Solar says several large rivals are infringing on patents
First Solar claims patent infringements by rivals, notifying Canadian Solar, JA Solar, Longi, Jinko, and Trina via attorney letters.
Australia’s Lynas Rare Earths first-quarter revenue falls nearly 6%
Lynas Rare Earths' Q1 revenue dropped nearly six per cent due to low rare-earth prices and muted demand, despite NdPr price gains.
