Focus on Transport
Chinese EV maker Xpeng to hire 4,000, invest in AI
SHANGHAI/BEIJING (Reuters) – Chinese electric vehicle maker Xpeng said it would hire 4,000 this year and invest millions in artificial intelligence, as it...
Volkswagen-backed Scout Motors, in nod to past, toasts start of construction of electric SUV plant
BLYTHEWOOD, S.C. (AP) — Scout Motors celebrated the start of construction on its $2 billion electric SUV plant in South Carolina on Thursday...
‘Economic reconciliation’: Mi’kmaw communities invest in Nova Scotia battery plants
OTTAWA — A corporation co-owned by 13 Mi’kmaw communities is investing in new battery plants with Nova Scotia Power, in what both parties...
Biden’s drive for EVs collides with Detroit’s profit machines
By Joseph White (Reuters) – The Biden administration and automakers are in the final stages of negotiating over ambitious new rules to accelerate...
Romania raises 2 billion euros from debut green bond
The long-awaited eurobond was launched at 300 basis points.
New Mexico legislators back carbon-reduction regulations for transportation fuels
New Mexico’s Legislature has approved a bill aimed at reducing pollution from cars and trucks by creating financial incentives for transportation fuel producers...
LG Energy signs 2nd agreement with WesCEF to expand lithium supply
(Reuters) – South Korea’s LG Energy Solution signed their second offtake agreement with Australia’s Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) on Tuesday to...
China’s BYD plans new electric vehicle plant in Mexico, says Nikkei
(Reuters) – China’s BYD Co Ltd is planning to set up a new manufacturing plant in Mexico, Nikkei reported on Wednesday, citing the...
German battery maker Varta says five plants hit by cyberattack
(Reuters) -German battery maker Varta’s five production plants were hit by a cyberattack on Feb. 12, the company said late on Tuesday, adding...
France cuts EV subsidy for higher-income buyers
PARIS (Reuters) – The French government on Tuesday cut by 20% a subsidy higher-income car buyers can get for purchasing electric and hybrid...
