Focus on Transport
Tesla annual deliveries fall for first time as incentives fail to drum up demand
Shares of the company fell 3.5% before the bell.
Cobalt miner Jervois in rescue deal to better compete with China
The price of cobalt has tumbled 72% since hitting a peak in April 2022.
Chinese electric vehicles gain market share in Norway
Wealthy Norway is far ahead of most countries in the switch to electric vehicles, and has not imposed tariffs on Chinese EVs.
Sales surge in 2024 for Chinese EV giant BYD
BYD's quarterly revenue surpassed global rival Tesla's for the first time during the third quarter last year.
Chinese EV makers extend buying incentives as price war enters third year
The incentives are intended to encourage purchases before the government subsidy schemes for the new year start.
Failing to ban new non-plug hybrid cars by 2030 would be a “catastrophic misstep,” warns EVUK
Failing to ban the sale of new hybrid cars with no plug from 2030 would be “a catastrophic misstep” for the UK, says...
Tesla Cybertruck explodes outside Trump Las Vegas hotel, killing one
A Tesla Cybertruck exploded outside the Trump Hotel in Las Vegas on New Year's Day, killing one and injuring seven others.
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Russian officials warn of severe environmental damage as over 10,000 volunteers clean up a massive oil spill in the Kerch Strait.
UK’s lower-carbon jet fuel mandate comes into force
UK's SAF mandate starts Jan 1, 2025, requiring two per cent sustainable jet fuel, rising to 10 per cent by 2030 and 22...
BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
BMW and Yamaha Motor have invested in U.S. startup Phoenix Tailings to enhance rare earth processing, reducing reliance on China.
