Focus on Transport
Italy in talks with China’s Dongfeng and others over auto plant, minister says
Dongfeng, which is a partner of Stellantis in China, is launching its cars in Italy, starting with EV models of its Voyah brand.
USTR Tai calls for ‘decisive’ action to shield EV sector from China
Tai said on Wednesday she expects to conclude a review of tariffs on Chinese goods "very soon" and must take "decisive" actions to...
Tesla’s Musk likely to unveil $2-$3bn India investment, sources say
Elon Musk's India visit will see billionaire unveil plans for a new factory as EV maker Tesla eyes a growing market for electric...
Embraer’s Eve says it signed letter of intention with AirX to sell up to 50 eVTOL
SAO PAULO – Electric aircraft maker Eve has signed a letter of intent with Japan’s public helicopter charter service company AirX to sell...
Tesla asks shareholders to vote for Musk’s compensation plan
Elon Musk's $56bn Tesla pay includes no salary or cash bonus, but was rejected by a judge in January as "an unfathomable sum"...
Uniper to ‘green’ Deutsche Bahn with hydroelectric power
Five-year hydroelectric power supply contract designed to help both partners reach emissions targets.
Volkswagen to roll out new architecture to cut China EV costs
Announcement follows a partnership forged last year, when Volkswagen bought 4.99% of Xpeng for around $700m with plans to jointly launch two Volkswagen-branded...
Ferrari ‘e-facility’ will give capacity for electrification, CEO says
The company, known globally for its roaring, high performance petrol engines, has promised its first fully-electric (EV) vehicle at the end of next...
China’s BYD unveils three new models for its off-road lineup
Toyota's Land Cruiser, Stellantis' Jeep and Tata Motors' Jaguar Land Rover have been the leading players in the off-road vehicle segment that BYD...
Canada’s Budget 2024: Businesses to get carbon rebates
Budget 2024: Canada's small- and medium-sized business owners are set to receive a long-awaited carbon rebate from Ottawa.
