Wednesday, 26 February 2025

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FILE PHOTO: A Lucid Motors facility is pictured in Costa Mesa, California, U.S.,November 1, 2023. REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand

Lucid tops Q4 delivery estimates, raises production, fueling a six per cent share jump for the Saudi-backed luxury EV maker.

FILE PHOTO: The city skyline is reflected in a pool left on the dry riverbed of the receding Jialing river, a tributary of the Yangtze, that is approaching record-low water levels during a regional drought in Chongqing, China, August 20, 2022. REUTERS/Thomas Peter/File Photo
AviationElectricityFuelInfrastructureNewsRail

China seeks to bolster ports and aviation hubs in western regions

China's Politburo last year urged 'new urbanization' in Western China, including efforts to bolster energy resources.

An image of a car parked in an electric vehicle parking bay (AFP)
AutomotiveBusinessElectric Vehicles (EVs)EmissionsNewsTrade

EV sales hit record in UK but still behind target

Electric vehicle market share grew, but it may have come at a 'huge cost' to the industry.

FILE - A machine is operated at a facility for the Norwegian company Nel in Heroya, Norway, on April 20, 2023. Nel makes devices that take water and split it into hydrogen and oxygen, known as electrolyzers, as well as fueling stations. (AP Photo/Trond R. Teigen, File)
EmissionsHydrogenIndustryNatural GasNewsNuclear PowerPoliticsRegulationsSolarTransportWind

Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups

Biden's new tax credit for cleaner hydrogen production aims to cut emissions but raises concerns over potential loopholes.

FILE PHOTO: 2025 Ford Mustang GTD is displayed at the Los Angeles Auto Show, in Los Angeles, California, U.S., November 21, 2024. REUTERS/Daniel Cole/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)News

Ford’s US sales rise 4.2% in 2024

The automaker posted total annual sales of 2,078,832 units, compared with the 1,995,912 units it sold a year ago.

FILE PHOTO: A 2020 Toyota Prius hybrid electric vehicle is displayed at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020. REUTERS/Chris Helgren/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)News

Toyota posts 3.7% rise in 2024 US sales

Toyota Motor North America reported a 3.7 per cent rise in annual U.S. auto sales on Friday, benefiting from higher demand for its...

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)News

GM posts 4.3% rise in 2024 US sales

The Detroit automaker posted sales of about 2.7 million units in 2024, compared with the 2.59 million units it sold a year ago.

Helsinki district court judge Tatu Koistinen chairs a court hearing as National Bureau of Investigation's Head of investigation Sami Liimatainen appears on a screen behind him, following the seizure of Eagle S, an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea, in Helsinki, Finland January 3, 2025. REUTERS/ Essi Lehto
CourtsInfrastructureMaritimeNewsPoliticsTransmission

Finnish court upholds seizure of oil tanker in undersea cables probe

A lawyer representing UAE-based Caravella LLC FZ, which owns the tanker, had sought the release of the vessel and crew.

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