Focus on Transport
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.
Tesla reports profit drop on price cuts, lower vehicle sales
Tesla reported a significant drop in Q2 profits Tuesday due to price cuts while heavily investing in AI and other tech.
Analog chipmaker Texas Instruments beats second-quarter profit estimates
Texas Instruments' Q2 profit beat estimates as analog chip demand stabilized; shares rose 4%, year-to-date gain 16%.
Tesla profit margins worst in five years as price cuts, incentives weigh
Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter
Tesla shares could swing 10% either way after earnings, options show
With Tesla market cap at around $800 billion, such a move would make for a swing in the value of the company of...
Britain’s Labour government must ‘make up lost ground’ to hit UK climate goals: CCC
The UK’s new Labour government must urgently reinstate the net-zero plans shelved by its predecessor in order to “limit the damage” caused by Conservative policy...
Strong US sales boost GM results as it slows some EV plans
GM posts strong Q2 profits with robust North American sales; slows EV expansion citing demand, delays Michigan plant.
Rolls-Royce exploring technology for narrow-body jet market
Rolls-Royce develops a smaller Ultrafan engine for next-gen narrow-body jets, exploring tech with aircraft manufacturers.
