Focus on Transport
Tesla reiterates $10 billion capital expenditure target for this year
Tesla projects future costs after signalling change in direction during disappointing Q1 earnings report.
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war
$35,000 Volvo EV hits a sweet spot in the American market, combining Chinese manufacturing cost advantages with Volvo's presence in United States.
Polestar may use US plant to sell cars to Europe as EU-China tension rises
South Carolina factory could produce Polestar's Europe-bound EVs, says CEO, in a bid to avoid political controversy over Chinese production.
Analysis: China’s EV survival game creates peril – and power
With hundreds of EV models vying for attention in China and a price war raging, a technological revolution could be coming with quicker...
China’s Huawei launches new brand for intelligent driving
Self-driving system will push Huawei's EV integration even further, says CEO.
Asahi Kasei to build EV battery component plant in Canada to supply Honda, Nikkei reports
TOKYO – Asahi Kasei plans to spend about 200 billion yen ($1.3 billion) to build a battery component factory in Canada, the Nikkei...
Tesla’s shift on low-cost cars throws overseas plans into limbo
Tesla factories planned for Mexico and India seem unlikely after news of focus on more affordable cars built at existing facilities.
Tesla’s quarterly revenue falls for the first time since 2020
Tesla's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition...
Tesla to lay off more than 3,000 employees in California, notices show
Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices.
Tesla launches performance variant of Model 3 compact sedan
Tesla launched a performance variant of its Model 3 compact sedan in the United States at $52,990.
