Friday, 31 January 2025

Focus on Transport

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
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Florida pension board backs $56 billion pay package of Tesla CEO Musk

Florida's pension board voted in support of the $56 billion pay package of Tesla CEO Elon Musk for the company's upcoming annual meeting

The Tesla Logo is seen at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Tesla reported to police in Sweden over alleged illegal electrical work

US EV manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation work without the necessary registration

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
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

EV startup Fisker to recall 18,000 vehicles in latest setback

Fisker said on Wednesday it was recalling more than 18,000 cars in North America and Europe due to faulty software and non-compliance with...

The European Commission has ordered a provisional hike to tariffs on Chinese manufacturers including BYD (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

EU slaps extra tariffs of up to 38% on Chinese electric cars

The European Union threatened on Wednesday to hit Chinese electric car imports with additional tariffs of up to 38% from next month

FILE PHOTO: A longtime exposure shows cars driving on the Mittlerer Ring  in Munich, Germany, February 1, 2023. REUTERS/Lukas Barth/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

European carmakers hit by ‘fear of retaliation’ from EU tariffs on China EVs

Shares in some of Europe's biggest automakers dropped on fears of Chinese retaliation after the EU imposed duties on imported Chinese EVs

FILE PHOTO: Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

China ready to defend interests over EU tariffs on EVs

China will take measures to "firmly safeguard" its interests after a report that the EU would impose tariffs of up to 25% on...

A drone view shows BYD electric vehicles before being loaded onto a vehicle carrier for export to Brazil, at the port of Lianyungang in Jiangsu province, China April 25, 2024. China Daily via REUTERS
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

EU imposes tariffs of up to 25% on Chinese EVs, FT reports

The EU will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese EVs...

FILE PHOTO: An exhaust pipe is seen as a car sitting in traffic approaches the Blackwall Tunnel in London, Britain, November 18, 2020. REUTERS/Simon Dawson/File Photo
AutomotiveBusinessCourtsEmissionsNewsTransport

Carmakers face UK dieselgate lawsuits worth at least $7.6 billion, lawyers say

The claims, brought by owners of diesel vehicles, highlight the ongoing fallout for automakers from a scandal that erupted in 2015 when Volkswagen...

Motorist pass posted gas prices, Monday, June 10, 2024, in San Antonio. Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks. (AP Photo/Eric Gay)
AnalysisAutomotiveEconomyElectric Vehicles (EVs)FuelIn-DepthNewsOilTransport

US gas prices are falling. Experts point to mild demand at the pump ahead of summer travel

Explainer: Why the recent fall in prices at the pump? Industry analysts point to a blend of lackluster demand and strong supply —...

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
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Some Nordic retail brokers allow clients to vote at Tesla AGM

Elon Musk is seeking support from shareholders over his proposed $56 billion pay package

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