Saturday, 8 March 2025

Focus on Transport

A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

U.S. new light vehicle sales to rise about 1% in July: report

The share of Battery Electric Vehicles is expected to reach 7.8% in July, aided by the rollouts of new models from car makers...

AviationBusinessLegislationNewsPoliticsSustainable Aviation Fuel

Airlines urge governments to save floundering green jet fuel industry

A UK initiative to promote green jet fuel will need to be taken up around the world if the technology is to have...

Britain's King Charles III and Queen Camilla arrive to attend the special sitting of the States of Deliberation, at Guernsey Parliament at Saint Peter Port, Guernsey, during their two day visit to the Channel Islands, Tuesday July 16, 2024. (Andrew Matthews/PA via AP)
AutomotiveBiofuelsNewsPoliticsSolarTransport

Biofuel Bentleys are coming for Britain’s green king

Environmentally conscious King Charles III will convert chauffeur-driven cars to run on biofuels, install solar panels and increase use of SAF for royal...

FILE PHOTO: Raindrops cover the logo of French car manufacturer Renault on a automobile seen in Paris, France, January 14, 2016. REUTERS/Christian Hartmann/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Renault’s first-half profit beats estimates, sticks to 2024 outlook

Renault's first-half profit exceeded expectations due to strong pricing and new vehicle launches, maintaining its full-year profit-margin forecast amidst rising hybrid sales.

Saudi Arabia hopes to become a hub for electric vehicles as it seeks to diversify its economy away from oil (AFP)
AutomotiveElectric Vehicles (EVs)NewsTransport

In fuel-guzzling Saudi Arabia, electric cars pique interest

Saudi EVs business could take off as the Gulf kingdom hopes to diversify away from oil – with Chinese giant BYD expected to...

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
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTransport

Musk says any Trump move against EV support would hurt competitors more than Tesla

Tesla CEO Elon Musk said on Tuesday that Donald Trump's potential removal of support for EVs would hurt other automakers more than Tesla

FILE PHOTO: A railway worker drives a train engine while loading railcars in San Diego, California, U.S., November 30, 2022. REUTERS/Mike Blake/File Photo
BusinessCoalNewsRail

Higher pricing easing hit from low coal demand for US rail firms

Slowing coal demand, driven by global decarbonization efforts, remains a headwind for the US rail industry.

FILE PHOTO: A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla’s bleak margins sour investors as Musk hypes everything but cars

Tesla shares sank more than 11% on Wednesday CEO Elon Musk hyped the company's investment plans for AI and self-driving technologies

FILE PHOTO: A full-size mock-up of an electrically powered Lilium Jet air taxi is seen in a presentation bay inside a hangar at the German company’s headquarters in Oberpfaffenhofen airport outside Munich, Germany, December 2, 2022. REUTERS/Tim Hepher/File Photo
AviationBusinessElectric Vehicles (EVs)NewsTransport

Lilium to begin studying US air-taxi assembly sites this year

German eVTOL firm hopes to open assembly plant in United States by the end of the decade as it pursues regional air transport...

FILE PHOTO: A Porsche logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019.  REUTERS/Pierre Albouy/File photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Porsche bids to restore output, tackle supply chain risks in second half

Porsche fighting to restore production volumes after months of supply chain snags, slow EV demand and a sales slump in China

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