Focus on Automotive
Carmakers adjust electrification plans as EV demand slows
Lowering targets, increasing hybrid production and changing timelines — how car manufacturers are responding to weak EV demand.
Stellantis pauses production of electric Fiat 500 due to poor demand
Global slowdown in EV sales leads Stellantis to pause making electric Fiat 500, while its Mirafiori plant waits for production to begin on...
China warns carmakers of risks in building plants overseas, sources say
As EV makers plan global factories to beat import tariffs, China's commerce ministry advises against certain countries.
GM, Hyundai Motor to explore joint vehicle development projects
Shared vehicle development, supply chains and clean energy tech on the agenda in GM-Hyundai deal as both eye greater EV production.
Stellantis to invest over $406 million in Michigan plants in EV, hybrid push
Stellantis invests in US plants to develop a shared platform for electric and hybrid vehicles.
Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Electric trucks should cost no more than 30% than diesel models, says McKinsey, as zero-emissions vehicles struggle to crack the freight market.
Nigeria’s Dangote refinery caught between promise and reality
Nigeria waits for mega-refinery's fuel to flood the domestic market after delays and outcry over petrol price subsidies.
Thailand’s EV makers seek to renegotiate govt incentives as sales slow
Manufacturers push for an extension of deadlines to keep Thai EV incentives as sales miss expectations.
Spain PM urges EU to ‘reconsider’ China EV tariffs plan
Spanish leader Pedro Sanchez calls for 'compromise' on EV tariffs between Brussels and Beijing to avert trade war.
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
The judge ordered Nikola founder Trevor Milton, convicted of fraud, to pay $167.7M for misleading statements about the company.
