Sunday, 23 February 2025

Focus on Automotive

Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Volvo Cars April sales rise 27% year-on-year

Volvo Cars' sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the...

China's President Xi Jinping holds the hand of his wife Peng Liyuan as they disembark from their aeroplane upon their arrival for an official two-day state visit, at Orly airport, south of Paris, France on May 5, 2024. STEPHANE DE SAKUTIN/Pool via REUTERS
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

China’s Xi in Paris to meet Macron, EV exports talks planned

President Macron urged China's President Xi Jinping to ensure more balanced trade at the start of a visit to Paris by the Chinese...

The EU plans to outlaw the sale of new fossil fuel-powered cars from 2035, meaning some jobs will inevitably become redundant (AFP)
AutomotiveIn-DepthLabourNewsTransport

Europe’s auto suppliers reach the end of the road

Facing the double shock of the end of combustion engines and rising competition from China, European auto suppliers are announcing cuts

FILE PHOTO: Javier Varela, Volvo Chief Operating Officer, poses for a portrait during the reveal event of the Volvo EX30 small SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

EV startup Rivian hires Volvo veteran Varela as operations chief

Rivian has named Javier Varela as its COO, bolstering its ranks with the Volvo veteran as the EV startup expands its production facility

FILE PHOTO: Graphite powder, used for battery paste, is pictured in a Volkswagen pilot line for battery cell production in Salzgitter, Germany, May 18, 2022. REUTERS/Fabian Bimmer/File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)News

Automakers win extension on use of Chinese graphite in EV tax credits

The U.S. Treasury Department said automakers have until 2027 to remove hard-to-trace minerals like graphite contained in anode materials.

FILE PHOTO: The logo of Ferrari is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo
AutomotiveBusinessFuelNews

Ferrari appeals to traditional base with two new V12 cars

Despite promising its first fully-electric vehicle in 2025, Ferrari has said it will continue selling internal combustion engine cars.

AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)OpinionPoliticsTrade

The Conversation: Electric cars pile up at European ports as Chinese firms struggle to find buyers

The Conversation: Entering an established market as a challenger is a complex operation. Chinese EV makers will have to contend with buyer wariness,...

FILE PHOTO: An electric pick-up truck is pictured at the Rivian Automotive Inc facility in Costa Mesa, California, U.S.,November 1, 2023.     REUTERS/Mike Blake/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNewsPolitics

Rivian receives $827 million incentive package to expand Illinois facility

The Illinois plant, where Rivian also makes its electric delivery vans for its largest investor, Amazon.com, can produce 150,000 vehicles a year, the...

Fuel retailer Parkland Corp. says the 157 Canadian fuel and convenience store locations it has put up for sale are generating a great deal of interest from prospective buyers. A person prepares to fill up at a gas station in Mississauga, Ont., Tuesday, Feb. 13, 2024. THE CANADIAN PRESS/Christopher Katsarov
AutomotiveBusinessFuelNewsOilTransport

Parkland: Lots of buyer interest in fuel, convenience store locations

Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a...

AutomotiveBusinessElectric Vehicles (EVs)News

BorgWarner raises full-year 2024 adjusted profit outlook

BorgWarner develops and manufactures products to improve fuel economy, EV powertrains, chargers and battery systems.

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