Thursday, 23 January 2025

Focus on Trade

FILE PHOTO: The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
EconomyElectric Vehicles (EVs)ManufacturingNewsPoliticsTrade

China-EU team to continue talks after bloc’s ruling on Chinese EVs, state media reports

China has recently engaged in "intensive communications" with the US and the EU on electric vehicle trade issues, state news agency Xinhua reported...

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPoliticsRegulationsTrade

Tesla’s China-made EV sales grow 19.2% y/y in Sept

Tesla's China-made electric vehicles rose 19.2 per cent in September from a year earlier, data from the China Passenger Car Association showed on...

FILE PHOTO: The Lloyd's of London building is reflected in a window in the City of London financial district in London, Britain, February 1, 2018. REUTERS/Simon Dawson//File Photo
BusinessClimateClimate FinanceEconomyEmissionsEmissions MarketsNatural GasNewsOilPoliticsRegulationsTrade

Lloyd’s of London must stop supporting fossil fuel expansion, says NGO

The Lloyd's of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim...

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 BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
BusinessElectric Vehicles (EVs)NewsTrade

Chinese electric carmaker BYD sees EV Mexico sales ramping up to 100,000 in 2025

BYD aims to sell 50,000 EVs in Mexico in 2024, 100,000 by 2025, and plans to build a factory producing 300,000 vehicles in...

Indian Oil Corp Ltd logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo
BusinessEconomyNewsOilRegulationsTrade

Trader Vitol sells Venezuelan oil to Indian refiners, sources say

Indian refiners buy two million barrels of Venezuelan crude for November delivery, resuming imports amid U.S. sanctions relief.

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.

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.

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