Friday, 31 January 2025

Focus on Transport

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
AutomotiveBusinessElectric Vehicles (EVs)News

EV startup Fisker files for bankruptcy

Fisker has been trying to ramp up production of its Ocean SUV, which has had software and hardware issues.

Tesla electric vehicle chargers are seen during a sunset at a petrol station in Xinzo de Limia, Spain June 10, 2024. REUTERS/Nacho Doce
BusinessCourtsElectric Vehicles (EVs)NewsTransport

Tesla sues ex-supplier Matthews over EV battery trade secrets

Matthews began supplying Tesla with manufacturing machinery in 2019.

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTransport

Tesla kicks off legal fight to reinstate Musk’s pay

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, won the backing of shareholders for a record compensation package....

A Hyundai Ioniq 5 electric vehicle is displayed next to a vertical smart farm at the Hyundai Motor Group Innovation Center Singapore (HMGICS) in Singapore June 14, 2024. REUTERS/Edgar Su
BusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsMiningNewsTrade

Chile lithium miner SQM reaches supply deal with Hyundai, Kia

Hyundai and Kia has done a deal with SQM for material necessary for EV batteries.

FILE PHOTO: A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (background), at sunset in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
AnalysisAutomotiveBusinessFuelIn-DepthOilTransport

Analysis: Global gasoline refining margins slump on slow summer driving season

Oil refiners' profits are down as demand for U.S. gasoline is seasonally the lowest since 2021

FILE PHOTO: A person walks next to BYD Seal car in a BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
BusinessElectric Vehicles (EVs)News

Berkshire Hathaway sells $39.8 million of shares in China’s BYD

BYD is one of Berkshire Hathaway's few non-U.S. investments.

A butcher handles pork pieces at a market stall in Madrid, Spain, June 17, 2024. REUTERS/Juan Medina
AutomotiveEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

China opens tit-for-tat anti-dumping probe into European pork after EU move on EVs

China is to investigate imported pork and its by-products from the EU, days after plans to impose extra duties on Chinese-made electric cars...

The mine is projected to produce 58,000 tonnes of lithium per year (AFP)
Critical MineralsElectric Vehicles (EVs)EnvironmentMineralsMiningNewsPoliticsTransport

Serbia could mine lithium as early as 2028: FT

The mine is expected to produce 58,000 tonnes of lithium per year.

FILE PHOTO: Saudi Arabia's Minister of Industry and Mineral Resources Bandar Alkhorayef attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 17, 2024. REUTERS/Denis Balibouse/File Photo
Critical MineralsElectric Vehicles (EVs)MineralsMiningNewsPolitics

Chile says Saudi mining minister to visit, lithium expected on agenda

Bandar Alkhorayef, Saudi Arabia's Minister of Industry and Mineral Resources, at the 54th annual meeting of the World Economic Forum in Davos, Switzerland,...

China's and U.S.' flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsSolarStorageTrade

US biz groups seek hearing, more time to weigh in on Biden’s China tariff hike

A wide swath of pro-trade American business groups has asked the Biden administration for another month to comment on plans to impose steeper...

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