Friday, 31 January 2025

Focus on Transport

FILE PHOTO: The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
BusinessCourtsElectric Vehicles (EVs)FinanceNewsPolitics

Tesla, opponents of Musk’s pay clash over resolving compensation lawsuit

Tesla and opponents of Elon Musk's compensation clashed on Friday over ways to resolve the legal quagmire that has engulfed the CEO's $56...

Ferrari's new factory will produce the group's legendary combustion engine cars as well as hybrids and the firm's first EV (AFP)
AutomotiveBusinessElectric Vehicles (EVs)ElectricityIndustryManufacturingNewsSolarTransport

Ferrari eyes electric future with solar-powered factory

Italian carmaker Ferrari on Friday inaugurated a new solar-powered factory at the group's historic Maranello site, where its electric car should be produced...

FILE PHOTO: People walk in front of BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

What happens next in the EU investigation into Chinese EVs?

The European Commission is planning to impose provisional duties on EVs produced in China, what comes next?

Electric cars waiting to be loaded onto a vessel in China to be transported (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

Top German minister on peace mission amid China EV tariffs row

Germany's Vice Chancellor Robert Habeck will arrive in Beijing on Friday on a last-ditch mission to avoid a damaging trade war with China...

German Vice Chancellor and Economy Minister Robert Habeck speaks to reporters after he visits Panmunjom, the demilitarised zone between South Korea and North Korea, in Paju, South Korea, June 21, 2024. REUTERS/Maria Martinez
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

German trade focus could pivot from China to US

Trade experts say economic and political factors all increasingly favour U.S.-German relationship following EU tariffs on Chinese EVs posed export risks

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
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

China says EU escalation of trade friction could trigger ‘trade war’

The EU could trigger a 'trade war' if it continues to escalate tensions, China's commerce ministry said Friday, accusing the bloc of foul...

FILE PHOTO: Visitors view an MG EV car at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Chinese automakers retain grip over Southeast Asia’s booming EV market

EV sales are surging in Southeast Asia, led by China's BYD and Vietnam's VinFast Counterpoint Research said on Friday

FILE PHOTO: Janet Yellen holds a news conference after a two-day Federal Open Market Committee meeting in Washington, U.S. December 13, 2017.  REUTERS/Jonathan Ernst/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsSolarTrade

Yellen says Biden’s China tariffs are strategic, Trump’s would raise costs

U.S. Treasury Secretary Janet Yellen on Thursday defended President Joe Biden's increased tariffs on certain Chinese goods as highly strategic but said Republican...

FILE PHOTO: A Nikola Hydrogen Fuel Cell EV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules

US manufacturer of heavy-duty commercial EVs Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules

FILE PHOTO: The Joby Aviation logo is seen outside of the New York Stock Exchange (NYSE) ahead of their listing in Manhattan, New York City, U.S., August 11, 2021. REUTERS/Andrew Kelly/File Photo
AviationBusinessElectric Vehicles (EVs)NewsPublic TransitRegulationsTransport

Joby Aviation says FAA gives nod for in-house software for air-taxi operations

Joby Aviation said Thursday the US aviation regulator has authorized use of in-house software for air-taxi operations

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