Focus on Transport
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...
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
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
China says EU mandated its EV firms turn over ‘unprecedented’ amounts of data
The EU sought an unprecedented amount of information during its investigation into Chinese subsidised EV imports, China's commerce ministry said on Thursday
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the EU dropped 12% in May from a year earlier, led by a 30% plunge in Germany,...
EV startup Fisker’s U.S. units file for bankruptcy
Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a...
GE Aerospace developing hybrid engines for single-aisle jets
GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next...
China approves autonomous driving startup Momenta’s US IPO
China's securities regulator said on Monday it has approved autonomous driving startup Momenta Global Limited's initial public offering (IPO) in the United States
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs
