Friday, 21 February 2025

Focus on Automotive

FILE PHOTO: United States Secretary of Commerce Gina M. Raimondo attends Day one of the Democratic National Convention (DNC) in Chicago, Illinois, U.S., August 19, 2024. REUTERS/Mike Segar/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

US to finalize Chinese vehicle crackdown rules next week, Raimondo says

The proposal issued in September would make software prohibitions effective in the 2027 model year. The hardware ban would take effect in 2029.

Lamborghini is moving towards making only hybrid vehicles, taking its time before coming out with fully electric vehicles (AFP)
AutomotiveBusinessElectric Vehicles (EVs)IndustryNews

Lamborghini sets new sales record amidst hybrid push

Lamborghini sets 2024 sales record, up six per cent, driven by hybrids like Revuelto and demand across key global markets.

FILE PHOTO: A Volkswagen ID.5 electric car is displayed at a showroom of a car dealer in Reze near Nantes, France, November 13, 2023. REUTERS/Stephane Mahe/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

Volkswagen brand deliveries fall 1.4% in 2024

Battery-electric vehicle sales came to just over 383,000, down from 394,000 last year, amid a regional slump in EV demand.

Hundreds of BYD electric vehicles lined up for export in Yantai, eastern China (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s electric and hybrid vehicle sales jump 40.7% in 2024

The world's largest automotive market has also seen fierce competition among domestic car manufacturers.

FILE PHOTO: Logo of Hyundai Motor Group on a car outside an automobile showroom is pictured in New Delhi, India, September 6, 2024. REUTERS/Ainnie Arif/File Photo
AutomotiveBusinessElectric Vehicles (EVs)HydrogenIndustryManufacturingNews

Hyundai Motor Group to invest record $16.7 billion in South Korea this year

Hyundai Motor Group plans a record $16.7 billion investment in South Korea, focusing on EVs, R&D, and growth.

FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTrade

China’s BYD says 5,000 NEVs set sail for Europe

BYD said on Wednesday that a third roll-on/roll-off ship carrying close to 5,000 new energy vehicles bound for Europe has set sail.

FILE PHOTO: Aurora Innovation logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Aurora shares jump after deal with Nvidia, Continental to deploy self-driving trucks

Aurora's stock nearly doubled in a year, driven by investor optimism in autonomous truck tech growth.

FILE PHOTO: A Ford Fusion hybrid, Level 4 autonomous vehicle, used by Ford Motor and Domino's Pizza to test a self-driving pizza delivery car in Michigan, is displayed during Press Days of the North American International Auto Show at Cobo Center in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

US self-driving car companies seek boost under Trump

Autonomous vehicle firms urge U.S. to lead on AV adoption, citing regulatory delays and competition from China.

FILE PHOTO: Renault R5 E-Tech 100% electric cars are displayed on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsNews

Renault slashes price of low-cost electric car as emissions rules tighten

European carmakers are expected to rely on discounts to boost EV sales and meet tougher emissions rules.

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