Thursday, 6 March 2025

Focus on Transport

FILE PHOTO: Shawn Fain, President of the United Auto Workers (UAW) speaks as U.S. President Joe Biden (not pictured) joins striking members of the United Auto Workers (UAW) on the picket line outside the GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. REUTERS/Evelyn Hockstein/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

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...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)FinanceNewsPoliticsTransport

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.

Bas Eickhout, lead candidate for the European Greens, reacts to the announcement of the first provisional results for the European Parliament elections, at the European Parliament building, in Brussels, Belgium, June 10, 2024. REUTERS/Piroschka van de Wouw
AnalysisClimateElectionsElectric Vehicles (EVs)EmissionsGreen SteelIn-DepthPoliticsSolarWind

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...

FILE PHOTO: People walk in front of BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryNewsPoliticsTrade

European nations compete for Chinese EV factories

While the EU investigates China's auto subsidies and considers tariffs on imports, European governments are dangling incentives.

A car owner pumps at a petrol station in Kuala Lumpur, Malaysia, Monday, June 10, 2024. Diesel price in Malaysia jumped by more than 50% on Monday as part of a revamp of decades-old fuel subsidies to tighten government spending and save billions of ringgits annually. (AP Photo/Vincent Thian)
AutomotiveEconomyFuelNewsPoliticsTransport

Diesel prices jump 56% as Malaysia revamps fuel subsidies

Malaysia's Prime Minister Anwar Ibrahim announced the decision to cut diesel subsidies last month so lower-income groups could prepare.

Since Lomiko Metals Inc., a mining company based in Surrey, B.C., announced plans to build a graphite mine in Laurentians, some residents living nearby have protested the project, ass shown in this undated handout image, fearing the potential harm to the environment.  THE CANADIAN PRESS/HO-Christian Hobden **MANDATORY CREDIT **
ClimateCritical MineralsElectric Vehicles (EVs)EnvironmentMineralsMiningNewsTransport

Residents against graphite mine fear powering Pentagon, environmental ruin

Residents protest Lomiko Metals Inc. plans to build a graphite mine in Laurentians, B.C. fearing potential harm to the environment

FILE PHOTO: Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNewsTransport

Volvo shifting EV production to Belgium to evade China tariffs, The Times reports

Volvo cars has started to shift production of Chinese-made EVs to Belgium as EU crackdown on Beijing-subsidised imports looms

Elon Musk in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Norway wealth fund to vote against Musk’s $56 billion Tesla pay package

Norway's $1.7tn sovereign wealth fund said Saturday it will vote against ratifying Tesla CEO Elon Musk's $56bn pay package

FILE - Oregon resident Patrick Coffin fills up his car at a gas station in Portland, Ore., Aug. 4, 2023. New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real world driving, up from about 29 mpg this year, under new federal rules unveiled Friday, June 7, 2024, by the Biden administration. President Joe Biden has set a goal that half all of new vehicles sold in the U.S. in 2030 are electric. (AP Photo/Claire Rush, File)
AutomotiveElectric Vehicles (EVs)EmissionsFuelNewsPoliticsRegulationsTransport

Real-world mileage standard for new vehicles in U.S. rising to 38 mpg in 2031 under new Biden rule

President Joe Biden has set a goal that half all of new vehicles sold in the U.S. in 2030 are electric, part of...

Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, U.S., March 29, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsFuelNewsPoliticsRegulations

US raises truck, SUV fuel economy rules, much less than first proposed

The National Highway Traffic Safety Administration (NHTSA) said the proposed new rules will result in much lower compliance penalties than originally proposed, a...

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