Focus on Automotive
Brazil surpasses Belgium as top export market for Chinese EVs
Exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year to 40,163 units in April, according to Chinese data.
Stellantis to announce Italy-produced hybrid 500 EV, sources say
Building hybrid Fiat 500e will help revive fortunes at Mirafiori plant in Italy, improving relations between Stellantis and the Italian government.
Shares of China Evergrande’s EV unit soar after liquidators’ deal
Liquidators agree to sell a stake in embattled electric vehicle maker China Evergrande, prompted shares to more than double.
Tesla shareholders advised to reject Musk’s $56 billion pay
Advisory firm recommends voting against $56bn pay package for Tesla CEO Elon Musk, warning of his preoccupation with other "time-consuming projects".
Hydrogen project in Canada’s B.C. will create nearly 300 jobs, cut emissions: premier
The British Columbia government says a $900 million project to create a network of hydrogen production plants and refuelling stations will create nearly...
US probe into Waymo self-driving vehicles finds more incidents
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration said Friday it has learned of nine additional incidents that raise concerns...
EV maker Lucid to cut workforce by 6%
Lucid Group said it would reduce its workforce by 6%, or around 400 employees, as the electric vehicle industry grapples with slower growth.
Tesla drops annual goal of 20 million vehicles in impact report
Tesla impact report makes no mention of aspiration to sell 20 million cars a year by 2030, as company shifts its focus to...
Kia shrugs off slowing EV demand to launch compact SUV
Kia's electric SUV, the EV3, is one of more than 31 new EV models being introduced by parent company Hyundai through to 2030.
Xiaomi reports 27% rise in Q1 revenue on strong smartphone sales
BEIJING (Reuters) – China’s Xiaomi said it will aim to deliver 120,000 electric vehicles (EVs) this year, up from the initial goal of...
