Thursday, 23 January 2025

Focus on Transport

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductorTransport

China’s Nio, behind on growth targets, aims to tighten cost control

The company has had 30-40% growth in the last three years — but that was not satisfactory for its CEO.

FILE PHOTO: People walk next to the N.13 gate of the Franco-Italian automaker Stellantis factory of Mirafiori, in Turin, Italy October 15, 2024. REUTERS/Remo Casilli/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says

Stallentis' Mirafiori plant has seen several production stoppages this year due to low demand for the electric Fiat 500.

View of Uyuni, the world's largest salt flat, in southern Bolivia, on November 9, 2016 (AFP)
Critical MineralsElectric Vehicles (EVs)MineralsMiningNewsTransport

Lithium-rich Bolivia lags behind in race to mine key metal

Bolivia claims to have Earth's largest deposit of the critical mineral.

FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsRegulations

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

Microsoft to take $800M hit from Cruise shutdown, reflecting tech industry's struggles with autonomous vehicle investments.

FILE PHOTO: General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's workforce" in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryNews

Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise

GM's Cruise shutdown signals Wall Street's waning patience with autonomous vehicle investments and speculative tech bets.

FILE - Trucks line up to enter a Port of Oakland shipping terminal on Nov. 10, 2021, in Oakland, Calif. (AP Photo/Noah Berger, File)
AutomotiveClimateElectric Vehicles (EVs)EmissionsEnvironmentIndustryLegislationNewsPoliticsRegulationsTransport

EPA awards $144 million to California to phase out big diesel trucks

EPA grants $144M to CA for zero-emission trucks, targeting diesel pollution and climate change in transportation sector.

Matt Lengerich, Executive General Manager- Mining at Jervois Global, speaks during the Reuters NEXT conference, in New York City, New York, U.S., December 11, 2024. REUTERS/Brendan McDermid
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationMiningPoliticsRegulationsTrade

U.S. cobalt miner to Trump: use tariffs as ‘scalpel’ not ‘sledgehammer’

Jervois exec urges Trump to use surgical tariffs to aid U.S. mining, boost critical mineral supply chains amid Chinese competition.

AviationBiofuelsBusinessClimateEmissionsEnvironmentNewsSustainable Aviation Fuel

Parkland produces first batch of low carbon jet fuel made in Canada

Canada's first low-carbon aviation fuel batch is made, sold to Air Canada, but needs gov't support to scale sustainably.

FILE PHOTO: Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryNews

Tesla shares jump to record high

Tesla stock soars to record $415, surging 65 per cent post-election on Musk's Trump ties and strong China sales amid EV market optimism.

EU conservatives want the bloc to shift into reverse on its rule to phase out the sale of new combustion engine vehicles in 2025 (AFP)
AutomotiveBusinessClimateEconomyEmissionsEnvironmentFuelLegislationLiquefied Petroleum GasNatural GasNewsOilPoliticsRegulationsTransport

EU conservatives seek to stall 2035 combustion engine ban

EU's conservative bloc seeks to reverse 2035 combustion engine ban, citing automotive industry challenges and economic concerns.

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