Focus on Transport
GM’s Cruise looks to start charging for robotaxi rides next year: report
Cruise plans to resume fully autonomous rides by late 2024 and charge fares by 2025, despite regulatory scrutiny after a 2023 accident.
Musk to discuss $5 billion xAI investment with Tesla board
For the head of Tesla, xAI investment could help development of self-driving and robotaxi projects – after putting the issue to a social...
GM co-leads $39 million funding for EV battery materials startup Addionics
Innovative electrodes could provide faster charging and financial savings for carmakers, as GM funds Addionics through venture capital arm.
Q&A: What China’s push for ‘new quality productive forces’ means for climate action
Carbon Brief unpacks the concepts underpinning new quality productive forces, and what it means for China’s climate, energy and industrial policy.
Stellantis ready to axe brands and fix US problems, CEO says
'Operational issues' in North American markets see operating income fall for world's fourth-largest carmarker as it posts first half results.
Nissan shares plunge after profit warning
Japanese car giant's struggles in Chinese EV market see Nissan profits fall with shares following suit.
LGES cuts sales target on weak EV demand, flags US election risk
Shares in the company, which supplies Tesla, GM, Hyundai Motor and other automakers, fell as much as 2.6%.
Honda to cut ICE car production capacity in China, Nikkei reports
Honda will close three of its seven production lines in China, reducing its annual ICE vehicle capacity to 1 million from 1.49 million.
Ford profit disappoints, stock falls 12% as quality issues dog automaker
The Detroit automaker earned an adjusted profit of 47 cents per share, significantly missing analysts' expectations of 68 cents.
