Friday, 31 January 2025

Focus on Transport

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez
AutomotiveBusinessElectric Vehicles (EVs)FinanceManufacturingNews

EV maker Rivian simplifies output, cuts costs, aiming for first profit

Rivian has removed over 100 steps from the battery-making process, 52 pieces of equipment from the body shop and over 500 parts from...

FILE PHOTO: Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks at a press conference about changes to capital gains tax legislation, on Parliament Hill in Ottawa, Ontario, Canada, June 10, 2024.  REUTERS/Patrick Doyle/File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)NewsPoliticsTrade

Canada, inspired by EU and US, considers imposing import tariffs on Chinese EVs

Canada's government is considering whether to impose tariffs on China-made electric vehicles as it seeks to align itself with allies against what they...

FILE PHOTO: A computer keyboard lit by a displayed cyber code is seen in this illustration picture taken on March 1,  2017. REUTERS/Kacper Pempel/Illustration/File Photo
AutomotiveBusinessNews

CDK hack upends US auto industry, sending dealers back to paper forms

A cyberattack on a system used by 15,000 retail locations is affecting automakers.

The logo of Hyundai Motors is seen at the company's headquarters in Seoul, South Korea, March 22, 2019.     REUTERS/Kim Hong-Ji/ File Photo
AutomotiveBusinessNews

Hyundai Motor’s union in South Korea votes to strike -union official

Almost 90% of members at the union have approved strike action.

FILE PHOTO: Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, China, July 12, 2016. REUTERS/Jason Lee/File Photo
Electric Vehicles (EVs)NewsPoliticsTrade

China wants EU to scrap EV tariffs on EVs by July 4, Chinese state media reports

The European Commission said it would host technical talks with China this week.

German Vice Chancellor and Economy Minister Robert Habeck shakes hands with National Development and Reform Commission (NDRC) Chairman Zheng Shanjie before a meeting in Beijing, China June 22, 2024. REUTERS/Maria Martinez
Electric Vehicles (EVs)NewsPoliticsTrade

EU tariffs on China not a ‘punishment’, says German economy minister

The German Economy Minister has said EU tariffs on Chinese-made electric vehicles should not be seen as a punishment.

FILE - A beachgoer walks down Waikiki Beach, Thursday, Oct. 15, 2020, in Honolulu. About two years after 13 children and teens in Hawaii sued the state over the threat posed by climate change, both sides reached a settlement that includes an ambitious requirement to decarbonize Hawaii’s transportation system in the next 21 years. (AP Photo/Marco Garcia, File)
ClimateEnvironmentNewsPublic TransitTransport

Hawaii settles lawsuit from youths over climate change

A settlement has been reached in a historic case involving young people and the Hawaii Department of Transportation over decarbonizing the transport network.

FILE PHOTO: Fisker Ocean electric SUV vehicles are shown at one of the company’s sales, service and delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake/File Photo
BusinessCourtsElectric Vehicles (EVs)FinanceNews

Fisker heads toward liquidation as creditors fight over assets

Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a...

FILE PHOTO: A Southwest commercial aircraft flies near a cell phone tower as it approaches to land at John Wayne Airport in Santa Ana, California U.S. January 18, 2022. REUTERS/Mike Blake/File Photo
AviationFuelNewsTransport

U.S. jet fuel output rises to pre-COVID levels as demand soars

U.S. refiners pumped out jet fuel last week at the fastest pace since the pandemic, government data showed, as they look to keep...

Phoenix, Arizona, U.S., June 6, 2024. REUTERS/Carlos Barria/File photo
AnalysisBusinessClimateConstructionIn-DepthManufacturingOilResiliencyTransportWeather

From construction to crude oil, how do U.S. industries deal with extreme heat?

Extreme heat has companies in the United States changing the way they work. One frequent response: work less. Here is how heat affects...

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