Tuesday, 25 February 2025

Focus on Automotive

FILE PHOTO: Interior details of the new Maserati Grecale Fuoriserie are seen in Milan, Italy, March 31, 2022. REUTERS/Flavio Lo Scalzo/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Stellantis says no intention of selling Maserati, after CEO issues warning

Stellantis commits to Maserati's future, denying sale plans despite Maserati's €82M loss and first-half earnings miss.

FILE PHOTO: A general view of BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa/File Photo
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BYD explores Canadian auto market entry

BYD plans to enter the Canadian market amid potential tariffs on Chinese EVs, as Canada considers aligning with allies against China's subsidized industry.

FILE PHOTO: The logo of German automaker BMW is seen in Brussels, Belgium February 28, 2023. REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

BMW to set up five new assembly sites for high-voltage batteries

New BMW battery plants planned around the world as carmaker adopts "local for local" to weather political and economic disruptions.

A person drives a Tesla vehicle as the company is recalling over 2 million vehicles in the U.S. to install new safeguards in its Autopilot advanced driver-assistance system, after a federal safety regulator cited safety concerns, in downtown San Francisco, California, U.S. December 14, 2023. REUTERS/Carlos Barria/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla to recall over 1.8 million US vehicles

Software update being rolled out to multiple models as Tesla recall announced over software failure to detect unlatched hood.

FILE PHOTO: Tesla electric vehicles are parked in a Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla jumps on replacing Ford as Morgan Stanley’s ‘top pick’ in US auto sector

Tesla shares went up nearly 6% on Monday after Morgan Stanley named it as its "top pick" in the U.S. automotive industry, replacing...

File Photo: Toyota Motor's Chairman Akio Toyoda apologizes for scandals at three group companies during a press conference in Nagoya, Japan on January 30, 2024, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Toyota chairman warns he may lose board spot if investor support continues to fall

Akio Toyoda won 72% shareholder backing at the company's annual general meeting last month, compared with the support of 85% in 2023.

FILE PHOTO: A VW badge is seen on a car at a dealership in Kaluga, Russia March 30, 2022. Picture taken March 30, 2022. REUTERS/Evgenia Novozhenina/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

German antitrust body gives green light to VW-Rivian joint venture

BERLIN (Reuters) – Germany’s Volkswagen and U.S electric car maker Rivian Automotive may form a joint venture, the German competition authority said on...

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Sodium-ion batteries are set to spark a renewable energy revolution – and Australia must be ready

Sodium-ion batteries, offering long-term energy storage and cost-efficiency, could enable Australia to achieve a 100% renewable energy grid.

FILE PHOTO: The logo of Nissan is seen on a car ahead of a news conference at Nissan's Sunderland plant in Sunderland, Britain, July 1, 2021. REUTERS/Phil Noble/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTransport

Nissan cuts output at top Japanese plant, sources say

Nissan cut planned production by a third at its top Japanese plant this month, hit by slow EV demand and lack of hybrid...

FILE PHOTO: People stand at the booth of battery maker CATL during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023. REUTERS/Florence Lo/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsStorageTransport

Chinese EV battery maker CATL posts 13.4% jump in Q2

Chinese EV battery giant CATL's Q2 net profit jumped 13.4% year on year, a stock market filing showed on Friday

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