Friday, 24 January 2025

Focus on Transport

FILE PHOTO: A logo of Nio is pictured on its car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Nio on track to unveil its first mass-market car in May, executive says

China's premium EV maker Nio is on track to unveil a new model under a mass-market brand by the end of this month

FILE PHOTO: Stocks of new cars are parked in a lot, at Walon France automobile transport company in Hordain, northern France, May 26, 2020. REUTERS/Pascal Rossignol/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

French carmakers target fourfold jump in EV sales by 2027

French car industry will ramp up EV sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday

EU changes could affect 2035 target to phase out sales of internal combustion engine cars, despite EV transition progress (LEHTIKUVA)
AutomotiveElectric Vehicles (EVs)In-DepthLegislationNewsPoliticsTransport

EU election could force sharp turn in electric car policy

EU changes could affect 2035 target to phase out sales of internal combustion engine cars, despite EV transition progress

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)NewsTransport

Volvo Cars April sales rise 27% year-on-year

Volvo Cars' sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the...

China's President Xi Jinping holds the hand of his wife Peng Liyuan as they disembark from their aeroplane upon their arrival for an official two-day state visit, at Orly airport, south of Paris, France on May 5, 2024. STEPHANE DE SAKUTIN/Pool via REUTERS
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

China’s Xi in Paris to meet Macron, EV exports talks planned

President Macron urged China's President Xi Jinping to ensure more balanced trade at the start of a visit to Paris by the Chinese...

The EU plans to outlaw the sale of new fossil fuel-powered cars from 2035, meaning some jobs will inevitably become redundant (AFP)
AutomotiveIn-DepthLabourNewsTransport

Europe’s auto suppliers reach the end of the road

Facing the double shock of the end of combustion engines and rising competition from China, European auto suppliers are announcing cuts

FILE PHOTO: An electric vehicle (EV) by Mercedes-Benz moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsOil

Gasoline demand growth to slow this year on EV growth in China, U.S.

Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, driven by a shift to electric cars in China and the...

Environmental activist Roberto Rojo stands next to metal columns inside a cave supporting Mexico's controversial Maya Train (AFP)
EnvironmentInfrastructureNewsRail

Mexico tourist train a ‘nightmare’ for environment, activists say

Maya Train project, a flagship scheme of outgoing President López Obrador, criticised as 'ecocide' by campaigners hoping to protect subterranean ecosystem.

ZEEKR EV cars are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
BusinessElectric Vehicles (EVs)NewsTrade

China’s Zeekr plans to raise up to $368 million in US IPO

Electric vehicle manufacturer Zeekr eyes IPO on the US market with a target valuation of $5bn, in the first major floatation of a...

FILE PHOTO: Javier Varela, Volvo Chief Operating Officer, poses for a portrait during the reveal event of the Volvo EX30 small SUV vehicle in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

EV startup Rivian hires Volvo veteran Varela as operations chief

Rivian has named Javier Varela as its COO, bolstering its ranks with the Volvo veteran as the EV startup expands its production facility

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