Focus on Industry
California first state to get federal funds for hydrogen energy hub to help replace fossil fuels
California will pioneer federal-funded hydrogen hubs for clean energy, securing an initial $30M, potentially up to $1.2B, to support decarbonization efforts.
US unveils Americas-wide plan to boost semiconductor production
Blinken announces Americas' initiative to expand semiconductor industry, beginning with Mexico, Panama, and Costa Rica.
Suzuki aims to cut vehicle weight of Alto by 15% over a decade
Japan's Suzuki aims to reduce Alto's energy usage and employ those technology gains in other models as well.
EU countries divided on Chinese EV tariffs in vote, sources say
EU split on tariffs for Chinese EV imports, with a dozen in favor, four against, and eleven abstaining in a recent advisory vote.
EU may cut China EV import tariffs for Volkswagen and BMW, sources say
EU may cut tariffs for VW, BMW on China EV imports, potentially lowering charges to 20.8% from 37.6%, pending final decision by autumn.
Serbia greenlights disputed lithium mining project
Court ruling means Rio Tinto may soon restart operations at the mine.
Soros’ Open Society Foundations say their restructuring is complete and pledges $400M for green growth
New CEO Binaifer Nowrojee wants to promote clean energy and sustainable jobs.
GM not reiterating 2025 1 million EV production capacity forecast
GM won't reiterate its goal of 1 million EVs in North America by 2025, citing market conditions, and will instead build to meet...
Vietnam’s VinFast delays US electric car plant amid market slowdown
VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 amid uncertainties in the global EV market.
South Korea’s SK On in talks to supply prismatic EV batteries as it seeks turnaround
SK On, expanding from pouch to prismatic batteries, seeks deals with automakers to diversify its product portfolio.
