Focus on Transport
US opens probe into 150,000 Stellantis vehicles over loss of motive power
The US NHTSA said Monday that it has opened an evaluation into about 150,000 Stellantis vehicles over reports of loss of motive power
Renault CEO calls for flexibility in European EV transition timeline
Renault CEO expressed doubts over EV transition timeline, adding the carmaker has to bring down costs to deliver on its EV goals
Xpeng, Volkswagen set up project house to roll out new EV architecture
Chinese EV maker Xpeng has established partnership with German automaker VW to accelerate development of new EV architecture
Varta’s Porsche-led rescue would leave investors empty-handed
Varta stock plunged as much as 80% on Monday after the German battery maker said restructuring options would leave shareholders with nothing
Embraer’s Eve rolls out flying taxi prototype, cash needs covered until 2027
Electric aircraft maker Eve has showcased the full-scale prototype of its "flying taxi," as the company aims to enter service in 2026
Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties
Stellantis paid $190.7M in penalties for 2019-2020 fuel economy shortfalls and owes $459.7M more, NHTSA documents reveal.
Tesla halted some production lines due to global IT outage: report
Tesla halted some production lines due to a global IT outage linked to a CrowdStrike software update, affecting facilities in Texas and Nevada,...
Chinese industry body tells EU to correct its findings on EVs
EU tariffs on EVs built in China breach global trading rules, according to an industry body representing 12 Chinese automakers.
Trump sanctions prompted China Xiaomi’s EV entry, CEO says
A decision by the Trump administration to sanction Xiaomi in early 2021 was the catalyst for the company’s decision to build its first...
China lithium rebounds on Chile earthquake, but demand concerns persist
China's lithium prices rebounded on Friday, although growing demand concerns weighed on the metal used in electric vehicle batteries.
