Focus on Transport
China’s BYD will consider second Europe plant in 2025, exec says
As Xi Jinping wraps up European tour, leading Chinese EV maker BYD says second European plant under consideration.
Nissan annual net profit nearly doubles on-year
Japanese automaker forecasts a dip of 10% for the current financial year despite bumper profits driven by rising demand across markets.
Panasonic expects battery unit’s annual profit to rise 23%
Lower production at Panasonic battery unit means energy division misses income forecast as EV demand falls.
US forges new ‘battery belt’ in hopes of electric future
Surge of investment in green technology builds a US 'battery belt' following Biden's bid to strengthen 'hollowed out' industrial communities.
US could ban Chinese connected vehicles or impose restrictions, US commerce secretary says
U.S. Commerce Secretary Gina Raimondo says the Biden administration could take an "extreme action" and ban Chinese connected vehicles or opt to impose...
Ember: Electricity from clean sources reaches 30% of global total
For the first time, 30% of electricity produced worldwide was from clean energy sources as the number of solar and wind farms continued...
GM to end production of Chevrolet Malibu as it shifts to EVs
General Motors says it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce new electric vehicles.
Seasonal US fuel demand hits pandemic lows, weighs on refining margins
U.S. gasoline and diesel demand are at their weakest seasonal level since the 2020 coronavirus pandemic, according to data from the Energy Information...
Suncor leasing oil tanker ships to carry crude from Trans Mountain pipeline expansion
Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed...
Hyundai Motor plans to add hybrids to US plant within current investment
Hyundai plans to use the investment it has already lined up for the US to produce hybrid vehicles at its electric vehicle (EV)...
