Focus on Transport
GM cuts EV production forecast, approves $6 billion share buyback
General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks...
Chinese automakers committed to Europe despite EV tariff probe: industry group
Chinese automakers' plans to invest in Europe won't be deflected by the EU's anti-subsidy probe into Chinese-made EVs, leading association said Tuesday.
What will happen to Tesla CEO Elon Musk’s $56 billion pay package?
Shareholders vote on Thursday on whether to reinstate CEO Elon Musk's $56 billion pay package. What you need to know about the potential...
Tesla turns up charm ahead of investor vote on huge Musk pay plan
Tesla has called the vote on CEO Elon Musk's giant pay package a do-or-die moment for the company.
New York transit agency looks for capital cuts after halt to congestion pricing
New York's Metropolitan Transportation Authority said Monday the agency is looking for cuts to capital projects and is concerned about the status of...
Embraer’s Eve to raise funds as soon as July for flying taxi certification
Electric aircraft maker Eve expects to raise funds as early as next month to finance operations through the certification of its flying taxi...
California pension fund against Tesla CEO Musk’s $56B pay package: CNBC report
California State Teachers Retirement System (CalSTRS) will vote against Tesla CEO Elon Musk's $56 billion pay package, the pension fund's chief investment officer...
UAW reaches tentative agreement with Ultium Cells at Ohio EV battery plant
The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build...
Tesla turns to Musk’s small shareholder fans to back $56bn payday
Tesla is looking for support from retail investors who make up an unusually high percentage of the electric carmaker's ownership base.
Rightward shift after election could limit future EU climate policies
A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe's current world-leading green...
