Thursday, 30 January 2025

Focus on Transport

FILE PHOTO: Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, U.S. August 2, 2023.  REUTERS/Carlos Barria/File Photo
AviationBusinessNewsTransport

Saudi woos electric flying taxis as Gulf rivals vie to be aviation hub

Saudi air taxis could be launching soon as kingdom hopes to build a less oil-reliant future, with eVTOL craft helping aviation boom.

FILE PHOTO: Test cars by Evergrande are parked outside the Evergrande New Energy Vehicle (NEV)'s research center, in Shanghai, China October 6, 2021. Picture taken October 6, 2021. REUTERS/Yilei Sun/File Photo
BusinessElectric Vehicles (EVs)News

Local bodies ask Chinese company’s EV unit to return $262.4m in subsidy

China Evergrande, the world's most indebted property developer, receives letter demanding repayment of subsidies and incentives given to EV unit.

FILE PHOTO: Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California, U.S., April 4, 2018. REUTERS/Bob Riha Jr./File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsRegulationsSolarTradeTransport

US announces details on higher China tariffs, some to start Aug 1

The US Trade Representative's office on Wednesday said some of the steep tariff increases on Chinese imports will take effect on August 1

A BMV X3 xDrive20d is seen on display at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 24, 2015. REUTERS/Ralph Orlowski/File Photo
AutomotiveNewsPoliticsRegulationsTradeTransport

China should hike tariffs on large cars to 25%, says research body

China should raise its import tariffs on large gasoline-powered cars to 25%, according to a government-affiliated auto research body expert

FILE PHOTO: Stellantis CEO Carlos Tavares poses in front of the Ram 1500 Revolution electric concept pickup truck during a Stellantis keynote address at CES 2023, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 5, 2023.  REUTERS/Steve Marcus
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Stellantis CEO: ‘very tough’ battle ahead against Chinese rivals

Stellantis CEO anticipates a major battle with Chinese rivals in the European market for EVs and significant social consequences as a result

FILE PHOTO: FILE PHOTO: A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MineralsMiningNewsTransport

BHP-Anglo prospects flag more M&A ahead for miners

BHP's bid for Anglo American underlines the growing appetite for energy transition metals like copper, investors and mining CEOs said Weds

FILE PHOTO: The logo on an XPeng P7 performance electric vehicle is seen in New York, U.S., August 27, 2020. REUTERS/Mike Segar/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Xpeng shares surge on EV tech service, upbeat comments on self-driving tech

Shares in EV maker Xpeng jumped Wednesday driven by revenue growth from research and development and goals for gains in self-driving tech

A Togg electric car rolling off the assembly line in Gemlik near Bursa in western Turkey (AFP)
AutomotiveBusinessElectric Vehicles (EVs)News

Turkey bets on Togg to give its car industry electric edge

Togg EVs are part of President Erdogan's plan to turn carmaker into a source of national pride and a hub for Europe's electric...

The century-old trams have become a symbol of Istanbul's Istiklal Avenue (AFP)
AutomotiveElectric Vehicles (EVs)News

Istanbul’s century-old streetcar gets a makeover with battery-powered trams

New battery-powered trams in Istanbul, from their wooden floor to their reversible seats, stay faithful to the look of their predecessors.

FILE PHOTO: Panasonic Holdings Group CEO Yuki Kusumi talks about the company's strategy in Tokyo, Japan, January 19, 2024. REUTERS/Miho Uranaka/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsStorage

Slowing EV uptake may delay Panasonic’s EV battery expansion, CEO says

A slowdown in the take-up of electric vehicles in the U.S. may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost...

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