Saturday, 18 May 2024

Electric Vehicles

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessElectric VehiclesNews

Tesla chair sees challenges in getting shareholder vote for Musk’s pay deal

Tesla's chair said the company needs to climb "Mount Everest" as it faces shareholder votes on relocating to Texas and Elon Musk's $56bn...

An Xpeng AeroHT X2 Flying Car on display in Hong Kong at the launch of Xpeng vehicles into the city for the first time (AFP)
Electric VehiclesNews

US tariffs on Chinese EVs hurt green transition: XPeng boss

The president of EV maker XPeng has criticised tariffs on Chinese cars imposed by Washington as "unfavourable" for the US energy transition

FILE PHOTO: A giant logo of Volkswagen is pictured on the wall of its production facility in Wolfsburg, Germany, April 28, 2016. REUTERS/Fabrizio Bensch/File Photo
Electric VehiclesNews

VW and Renault end talks to develop affordable EV, sources say

Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car

FILE PHOTO: Demonstrators protest against the expansion of the Tesla Gigafactory, in Gruenheide near Berlin, Germany, May 11, 2024. REUTERS/Christian Mang/File Photo
BusinessElectric VehiclesNews

Council approves Tesla’s revised plan to expand plant near Berlin

A council in Germany, outside of Berlin, approved a plan by electric carmaker Tesla to expand the grounds of its first plant in...

FILE PHOTO: XPENG Motors (Guangzou Xiaopeng Motors Technology) logo is seen in this illustration taken Jan. 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Carbon CaptureElectric VehiclesNews

Xpeng says US tariffs on Chinese EV detrimental to meeting carbon neutrality

The overseas expansion is overshadowed by an anti-subsidy probe launched by the EU into EV imports from China, as well as U.S. tariff...

FILE PHOTO: Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo
AutomotiveElectric VehiclesNewsTransport

Musk pushes plan for China data to power Tesla’s AI ambitions

Tesla is pushing ahead with plans to power the global development of its self-driving system with data from China

Current investment plans could result in only 50 percent of the lithium supply needed for countries to meet their climate goals in 2035 (AFP)
ClimateCritical MineralsEconomyElectric VehiclesNewsSolarWind

IEA warns of key energy mineral shortage risk

The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage due to inadequate investment

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

GM, LG agree $150m relief fund for Chevy Bolt EV owners over faulty batteries

General Motors and South Korea's LG Electronics agreed a $150m fund to provide relief to Chevy Bolt EV owners affected by defective batteries

FILE PHOTO: Ford vehicles are displayed at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessElectric VehiclesFinanceNews

Ford asks suppliers to cut costs in push to turn EV business profitable: memo

Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table,"...

FILE PHOTO: Demonstrators protest against the expansion of the Tesla Gigafactory, in Gruenheide near Berlin, Germany, May 11, 2024. REUTERS/Christian Mang/File Photo
AutomotiveBusinessElectric VehiclesLegislationManufacturingNewsPolitics

Tesla gets local council OK for German factory expansion

Tesla got the go-ahead for an expansion of its German factory near Berlin from the local council despite protests against the U.S. electric...