Monday, 27 January 2025

Focus on Transport

FILE PHOTO: The logo of Russian state shipping company Sovcomflot is seen on the multifunctional icebreaking standby vessel "Yevgeny Primakov" moored in central St. Petersburg, Russia February 3, 2018. REUTERS/Anton Vaganov/File Photo
BusinessIndustryMaritimeNewsPoliticsTransport

Russia’s Sovcomflot blames earnings drop on Western sanctions

Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core...

U.S. Secretary of Energy Jennifer Granholm speaks at a press conference during the United Nations Climate Change Conference (COP29), in Baku, Azerbaijan November 15, 2024. REUTERS/Murad Sezer
Electric Vehicles (EVs)LegislationNewsTransport

Rescinding US EV tax credit would cede ground to China, Granholm says

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit on EVs.

Airplane refuelling on runway
AgricultureAnalysisAutomotiveAviationBiofuelsEmissionsFuelHydrogenMaritimeOpinionReportsSustainable Aviation FuelTransport

Canadian Fuels Association: How lower-carbon fuels can help decarbonize transport sector

The report outlines a strategy for decarbonizing Canada's transportation sector by 2050, emphasizing the critical roles of low-carbon fuels, hydrogen, and carbon capture...

ClimateCritical MineralsElectric Vehicles (EVs)EnvironmentMineralsNewsResiliencySolar

Clean energy could create millions of tons of waste in India. Some are working to avoid that

India currently imports over 95% of lithium-ion batteries as well as large amounts of nickel, cobalt and other rare earth minerals.

FILE PHOTO: A logo of the autonomous driving technology startup Pony.ai is seen on a screen during an event in Beijing, China May 13, 2021. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)NewsRegulations

Chinese robotaxi firm Pony AI seeks up to $4.5 billion valuation in US IPO

Pony AI said on Thursday it was targeting a valuation of up to $4.48 billion in its initial public offering in the US.

FILE PHOTO: Tesla electric vehicles (EVs) fast-charge using Tesla Superchargers at a Buc-ee’s travel center and gas station in Baytown, Texas, U.S., March 18, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulations

Trump’s transition team aims to kill Biden EV tax credit

Trump's team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation.

FILE PHOTO: A screen displays the company logo for Stellantis N.V. on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Stellantis pledges not to close plants or slash jobs in Italy

"Stellantis does not intend to close any plants in Italy, just as it has no intention of making collective redundancies."

FILE PHOTO: A general view of the new factory of China's Chery Auto, at Zona Franca, in Barcelona, Spain April 19, 2024. REUTERS/Albert Gea/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTransport

China’s Chery to delay Barcelona production start to Q4 2025, Spanish partner says

The Chery-Ebro venture said in April it would aim to produce up to 150,000 vehicles a year by 2029.

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTransport

Trump’s victory could ease regulatory path for Musk’s robotaxi, but hurdles remain

As Tesla’s electric-vehicle sales have flattened, Elon Musk has staked the company’s future on self-driving robotaxis.

FILE PHOTO: A Lynk & Co 08 EM-P is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
Electric Vehicles (EVs)NewsTransport

China’s Zeekr to take control of sister brand Lynk, sources say

Under the deal, Zeekr will purchase Volvo Cars' entire 30% stake in Lynk and a 20% stake from Geely Holding.

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