Sunday, 23 February 2025

Focus on Automotive

FILE PHOTO: The BYD logo is displayed on a vehicle in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s BYD seeks to redefine luxury for the EV generation

Beijing auto show will see BYD showcase premium cars as China's EV market gets ultra-competitive.

FILE PHOTO: People visit a Ford booth at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Ford’s first-quarter adjusted profit falls, sees increase in hybrid vehicle sales

Ford CEO Jim Farley says he has walked back some of the company’s EV ambitions to better match consumer demand. Hybrids are a...

FILE PHOTO: U.S. Secretary of Energy Jennifer Granholm listens to questions from the audience during the PR100 event in Orocovis, Puerto Rico, March 28, 2023.  REUTERS/Gabriella N. Baez/File Photo
AutomotiveBusinessNews

US closes $362 million loan to CelLink for vehicle wiring plant

The United States has closed a $362 million loan to CelLink Corp to help finance the construction of a plant in Texas to...

FILE PHOTO: Jim Rowan, Volvo President & Chief Executive Officer, speaks during the reveal event of the Volvo EX30 electric SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

How Volvo landed a cheap Chinese EV on U.S. shores in a trade war

$35,000 Volvo EV hits a sweet spot in the American market, combining Chinese manufacturing cost advantages with Volvo's presence in United States.

FILE PHOTO: The logo of the Huawei Technologies Co. Ltd. is seen outside its headquarters in Shenzhen, Guangdong province, April 17, 2012. REUTERS/Tyrone Siu/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s Huawei launches new brand for intelligent driving

Self-driving system will push Huawei's EV integration even further, says CEO.

FILE PHOTO: The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019.    REUTERS/Fabrizio Bensch/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla’s shift on low-cost cars throws overseas plans into limbo

Tesla factories planned for Mexico and India seem unlikely after news of focus on more affordable cars built at existing facilities.

FILE PHOTO: Traffic moves along a freeway as vehicles travel towards Los Angeles, California, U.S., March 22, 2022.  REUTERS/Mike Blake/File Photo
AutomotiveEmissionsNewsRegulations

California, 21 other states back EPA vehicle emissions rules

California, New York, Michigan and Pennsylvania – among others – intervene in Republican states' EPA lawsuit regarding emissions regulation.

FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Tesla aims to cut 400 jobs in Germany via voluntary programme

Tesla on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin

FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

General Motors beats quarterly results targets – as gas funds EV work

The automotive giant has raised its annual forecast, saying stable pricing and gas-powered vehicles will help ease investors' concerns over continued EV development.

AutomotiveElectric Vehicles (EVs)ManufacturingNewsTransport

Chery, B-ON form electric vans JV for Europe, N.America

Chery is an investor in Luxembourg-headquartered B-ON and will provide working capital to help fund the joint venture.

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