Wednesday, 5 March 2025

Focus on Transport

FILE PHOTO: A view shows a car logo of Chinese automobile manufacturer Chery at a dealership in Vladivostok, Russia, March 22, 2023. REUTERS/Tatiana Meel/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Carmakers respond to EU tariffs on Chinese-made EVs

With the EU extra duties on Chinese-made EVs expected to take effect on Thursday, some carmakers have decided on counter measures

In this photo provided by IndyCar, an IndyCar Hybrid Unit is shown in this undated photo. After a yearslong engineering effort, IndyCar is finally ready to unveil its hybrid engine system this weekend at Mid-Ohio. It has been a joint effort involving IndyCar and engineers from Chevrolet and Honda, the two engine suppliers for the series, who each took on a different piece of the hybrid system development. (Chris Owens/IndyCar via AP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

IndyCar to unveil its hybrid engine system this weekend in Ohio

IndyCar is finally ready to unveil its hybrid engine system – a joint effort involving IndyCar and engineers from Chevrolet and Honda

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
AutomotiveBusinessEmissionsNewsRegulations

GM to pay $145.8 million penalty after US finds excess emissions

The investigation found vehicles from the 2012-2018 model years were emitting more than 10% higher CO2 on average than GM initially claimed.

FILE PHOTO: The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service ands delivery centers in Vista, California, U.S., May 22, 2024. REUTERS/Mike Blake/File Photo
BusinessCourtsElectric Vehicles (EVs)FinanceManufacturingNews

Fisker seeks judge’s approval to sell Ocean EVs at $14,000 per SUV

Following the judge's nod, Fisker will be able to offload 3,321 EVs to New York-based American Lease for $46.25 million.

FILE PHOTO: A Fiat 500 electric car is displayed at a showroom of a car dealer in Rome, Italy, November 9, 2023. REUTERS/Guglielmo Mangiapane//File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Carmaker Stellantis joins forces with France’s CEA for EV battery research

Stellantis announced on Wednesday a partnership with the French state's CEA research organisation to work on next gen battery cells for EVs

FILE PHOTO: A general view of visitors looking at models from BYD, a Chinese automobile manufacturer, during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

EU governments hesitant on Chinese EV tariffs as trade spat escalates

EU countries are wavering over whether to back additional tariffs on Chinese-built EVs, as Beijing threatens wide-ranging retaliation

Workers walk past a stack of battery units after the launching of Indonesia's first battery cell production plant for electric vehicles with an annual capacity of 10 Gigawatt hours (GWh) of battery cells at HLI Green Power, a joint venture between South Korea's Hyundai Motor Group and LG Energy Solution (LGES), in Karawang, West Java province, Indonesia, July 3, 2024. REUTERS/Ajeng Dinar Ulfiana
BusinessCritical MineralsEfficiencyElectric Vehicles (EVs)ManufacturingNews

Hyundai Motor, LG Energy Solution launch Indonesia’s first EV battery plant

The plant is part of a commitment by Hyundai Motor and LGES to invest up to $9.8 billion in Southeast Asia's largest economy...

People inspect electric vehicles made by Chinese automaker BYD during an auto fair in Jakarta, Indonesia, Wednesday, June 19, 2024. Investment in electric vehicle manufacturing is booming in Morocco, a country that neighbors Europe and enjoys a free trade agreement with the United States. That's partially because Chinese firms see it as a side door to access the U.S. market and new Biden administration subsidies designed to shut them out. (AP Photo/Achmad Ibrahim)
BusinessElectric Vehicles (EVs)NewsPolitics

EV boom: Morocco gains from US-China trade dynamics

Chinese manufacturers have announced plans for new factories to make parts for EVs that may qualify for $7,500 credits to car buyers in...

FILE PHOTO: Tesla's Model 3 is displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika Warmuth/File Photo
AnalysisBusinessElectric Vehicles (EVs)In-DepthManufacturing

Analysis: Rough road ahead for US EV makers despite upbeat quarterly sales

Demand for EVs has grown more slowly than expected due to high borrowing costs, economic uncertainty and consumer preference for gasoline-electric hybrids.

FILE PHOTO: A view shows a second-generation R1S at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Rivian says no plans to produce vehicles with VW after media report on early talks

Rivian denied a media report on Tuesday that said the U.S. electric vehicle company was in early talks with Volkswagen to extend their...

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