Focus on Automotive
Tesla turns to Musk’s small shareholder fans to back $56bn payday
Tesla is looking for support from retail investors who make up an unusually high percentage of the electric carmaker's ownership base.
European nations compete for Chinese EV factories
While the EU investigates China's auto subsidies and considers tariffs on imports, European governments are dangling incentives.
Diesel prices jump 56% as Malaysia revamps fuel subsidies
Malaysia's Prime Minister Anwar Ibrahim announced the decision to cut diesel subsidies last month so lower-income groups could prepare.
Volvo shifting EV production to Belgium to evade China tariffs, The Times reports
Volvo cars has started to shift production of Chinese-made EVs to Belgium as EU crackdown on Beijing-subsidised imports looms
Norway wealth fund to vote against Musk’s $56 billion Tesla pay package
Norway's $1.7tn sovereign wealth fund said Saturday it will vote against ratifying Tesla CEO Elon Musk's $56bn pay package
Real-world mileage standard for new vehicles in U.S. rising to 38 mpg in 2031 under new Biden rule
President Joe Biden has set a goal that half all of new vehicles sold in the U.S. in 2030 are electric, part of...
US raises truck, SUV fuel economy rules, much less than first proposed
The National Highway Traffic Safety Administration (NHTSA) said the proposed new rules will result in much lower compliance penalties than originally proposed, a...
Chinese automaker BYD says to build second EU factory despite EV slowdown
Chinese electric vehicle giant BYD is still committed to building a second factory in Europe and will roll out hybrid cars as the...
Tesla upgrades in-car navigation software in China, introduces lane-level guidance
Tesla released a software upgrade for its in-car navigation system in China on Friday, introducing new lane-level guidance features
VW wants to prepare charging business for outside investors
VW is preparing its energy and charging division for outside investors, the carmaker's board member in charge of technology said on Friday
