Focus on Automotive
China’s BYD plans car plant in Karachi as part of Pakistan entry
BYD is the first major new electric vehicle entrant in the Pakistani market, where there is a lack of charging infrastructure.
Porsche agrees to provide capital in battery maker’s restructuring deal
Varta restructuring agreement sees the German manufacturer of EV batteries turn to sports car maker Porsche for debt relief.
EV maker Rivian halts production of Amazon delivery vans amid parts shortage
Rivian has temporarily suspended production of its commercial delivery vans used by retail giant Amazon.com due to a shortage of parts
Stellantis shareholders sue automaker in US after disappointing earnings
Stellantis faces a lawsuit from shareholders alleging it concealed inventory issues, causing its stock to plummet after weak earnings.
Montreal police investigate motor oil spills in St. Lawrence River
Mayor asks people to contact police over St Lawrence oil spill as investigation begins into 1,000-litre discharge.
Toyota bets big on hybrid-only models as EV demand slows
Hybrid strategy for Toyota will see carmaker less focused on creating fully electric vehicles while complying with tough regulations.
Explainer: South Korean alarm over EV fires puts spotlight on safety concerns
As South Korea calls on car manufacturers to disclose battery supplies, EV fire safety statistics suggest the problem is not rampant.
Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs
Polestar begins production in South Carolina facility on electric SUVs in move to avoid tariffs on Chinese-made cars.
NHTSA closes preliminary investigation into 1.8m Toyota SUVs
Battery fires at the centre of NHTSA RAV4 investigation partly blamed on exceeding lifespan.
NHTSA closes probe into Tesla vehicles over front suspension failure
The NHTSA Tesla evaluation had been opened in 2020 to look at an alleged failure of front suspension fore links in the Model...
