Focus on Transport
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.
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...
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
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.
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
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...
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
China’s BYD widens EV lead over Tesla in Singapore, Southeast Asia, data shows
China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed
LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe
South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said
Rivian to face trial in Tesla trade secrets theft case, judge says
After judge denies dismissal of lawsuit, Rivian-Tesla trial set to go ahead after company allegedly Elon Musk's employees.
