Sunday, 26 January 2025

Focus on Transport

FILE PHOTO: A logo is displayed on battery maker Northvolt's energy storage system plant in Gdansk, Poland,  October 21, 2024. REUTERS/Marie Mannes/File Photo
AnalysisBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingTrade

Northvolt crisis may be make or break for Europe’s EV battery ambitions

Northvolt’s bankruptcy highlights Europe’s struggle to build a battery industry amid Chinese dominance and slowing EV demand.

FILE PHOTO: Hyundai displays the new Ioniq 6 vehicle at the 2022 Los Angeles Auto Show in Los Angeles, California, U.S., November 17, 2022. REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Hyundai recalls over 145,000 electrified US vehicles on loss of drive power

Hyundai dealers will inspect, replace and update the software on impacted parts and its fuse for free.

FILE PHOTO: Northvolt CEO Peter Carlsson poses for a picture at the company's offices in Stockholm, Sweden, March 7, 2017. REUTERS/Niklas Pollard/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Northvolt CEO steps down, saying group needs up to $1.2 billion

Northvolt went from being Europe's best shot at a home-grown electric-vehicle battery champion to struggling to stay afloat within a year.

BiofuelsFuelMaritimeNewsTransport

Cashew nutshell marine biofuel causes problems for some ships, says testing agency

Cashew nut liquid has been touted as an alternative renewable fuel, but it also has high acid values and is corrosive.

FILE PHOTO: A general view of Northvolt facility in Skelleftea, Sweden is seen in this undated handout photo. Northvolt/Handout via REUTERS/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductor

Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions

Northvolt files for U.S. Chapter 11 bankruptcy, seeking to restructure $5.8B debt while securing $245M to sustain European battery hopes.

FILE PHOTO: A Volkswagen ID.4 electric vehicle (EV) charges at an EV charging station inside a parking garage owned by the City of Baltimore, in Baltimore, Maryland, U.S., March 23, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryLegislationManufacturingNewsRegulations

Automakers urge Trump to preserve EV tax credits, boost self-driving cars

Automakers urge Trump to retain EV tax credits, ease emissions rules, and support self-driving tech amid rising competition from China.

FILE PHOTO: Logo of Swedish carmaker Scania is displayed on a truck at the IAA truck show in Hanover, Germany, September 17, 2024. REUTERS/Fabian Bimmer/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsSemiconductor

Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal

Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.

Volkswagen workers staged a colourful protest against planned cost cuts (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Volkswagen workers head towards strikes from December

Volkswagen unions plan warning strikes from Dec. 1 as talks stall over factory closures and cost-cutting amid electric transition woes.

FILE PHOTO: The Isla Bella, the first container ship to be powered by liquid natural gas, is pictured before her launch during a nighttime ceremony at General Dynamics NASSCO shipyard in San Diego, California April 18, 2015. REUTERS/Earnie Grafton/File Photo
BiofuelsEmissionsFuelHydrogenLiquefied Natural GasMaritimeNewsTransport

Container shippers hedging green transition with dual-fuel vessel orders

Decarbonizing shipping is crucial to global efforts to fight climate change because the sector accounts for about 3% of global greenhouse gases.

FILE PHOTO: Visitors look at the Honda Ye GT electric vehicle displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)ElectricityNewsStorageTransport

Honda hopes to double EV driving range with solid-state batteries, R&D chief says

Solid-state batteries have been touted as a key technology to make longer-lasting, safer and cheaper electric vehicles.

Login into your Account

Please login to like, dislike or bookmark this article.