Wednesday, 14 May 2025

Focus on Industry

FILE PHOTO: Members of the media stand beside an electric driven Actros truck at the booth of German truckmaker Daimler Truck at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNewsRegulationsTrade

Daimler Truck Q3 sales drop 11%, dragged down by Mercedes brand, Asia

The world's biggest truckmaker delivered 114,917 units in July through September, versus 128,861 in the same period last year.

FILE PHOTO: The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016.  REUTERS/Reinhard Krause/File Photo
EconomyElectric Vehicles (EVs)EmissionsEnvironmentIndustryInfrastructureLegislationNewsPoliticsRegulationsReports

Fitch says decarbonisation of world economy progressing far too slowly

World CO2 emissions rose by 1.8 per cent last year compared to world gross domestic product growth of 2.9 per cent, a Fitch...

FILE PHOTO: High-voltage power lines, an electricity pylon and wind turbines are seen near Pedrola, Spain, December 12, 2021. Picture taken on December 12, 2021. REUTERS/Albert Gea/File Photo
EconomyElectricityIndustryInfrastructureManufacturingNewsRegulationsReportsSolarStorageUnited NationsWind

Renewable energy to fall short of UN goal to triple by 2030, IEA says

Renewable energy will meet nearly half of electricity demand by 2030 but fall short of the U.N. goal to triple capacity, IEA reports.

First Minister of Scotland John Swinney (Andrew Milligan/PA)
BusinessEconomyElectricityIndustryInfrastructureLegislationNewsPoliticsRegulationsSolarWind

North East of Scotland must become ‘powerhouse of renewables revolution’: John Swinney

The First Minister will tell a renewables conference how the North East of Scotland must be “the powerhouse of the renewables revolution”.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingNewsPoliticsRegulationsTrade

Brussels rejected China proposal for 30,000 euro minimum sales price in EV dispute, sources say

Brussels rejected China's proposal for a minimum price on imported EVs to avoid EU tariffs, citing subsidy concerns and market impact.

FILE PHOTO: Technicians from the Orocobre mining company work on an evaporation pond test in the salt flat at Olaroz, 4,000 meters (13,123 feet) above sea level and north of the Argentine province of San Salvador de Jujuy August 7, 2010.  Orocobre's assets are now part of Arcadium Lithium, which global miner Rio Tinto wants to buy.  Picture taken on August 7, 2010. REUTERS/Enrique Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingMiningSolarStorageTrade

Arcadium deal could power Rio Tinto’s entry into lithium supplier big league

Rio Tinto eyes Arcadium Lithium acquisition to become the third-largest lithium producer amid growing EV demand and competition.

Tesla watchers are expecting the company to unveil a prototype of its robotaxi -- and are watching with both anticipation and skepticism (GETTY IMAGES NORTH AMERICA)
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Will Tesla’s robotaxi reveal live up to hype?

Elon Musk to unveil Tesla's robotaxi prototype at Thursday's event amid anticipation, skepticism, and autonomous tech rivalry.

FILE PHOTO: General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's workforce" in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNewsTrade

GM seeks to ease investor concerns as EV growth slows

GM aims to reassure investors that profits from ICE vehicles remain strong and EV sales are improving, despite slower demand.

FILE PHOTO: A Porsche Taycan electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNewsRegulations

Porsche to recall over 27,000 EVs in US over battery short circuit risk

Porsche recalls 27,527 Taycan sedans in the U.S. due to potential battery short circuit, posing fire risks, per NHTSA.

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