Thursday, 30 January 2025

Focus on Transport

FILE PHOTO: The VinFast VF3 eSUV is displayed at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 9, 2024. REUTERS/Steve Marcus/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company

VinFast will receive $3.35B from founder Vuong and Vingroup by 2026 to expand globally and support break-even efforts.

FILE - California Gov. Gavin Newsom speaks during a press conference in Los Angeles, Wednesday, Sept. 25, 2024. (AP Photo/Eric Thayer, File)
AutomotiveClimateEmissionsLegislationNewsPoliticsRegulations

California Gov. Gavin Newsom will spend part of week in DC as he tries to Trump-proof state policies

Newsom to seek Biden's support on climate rules amidst concerns over potential policy challenges from the Trump administration.

CEO of French-Italian computer chip maker STMicroelectronics Jean-Marc Chery, CEO of German computer chip maker Infineon Jochen Hanebeck, CEO of Dutch computer chip maker NXP Kurt Sievers and Executive Director for Industrial Production of Jaguar Land Rover Barbara Bergmeier attend a panel at the Electronica & SEMICON Europa conference, in Munich, Germany November 11, 2024. REUTERS/Toby Sterling
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsStorageTrade

CEOs of European chip makers concerned about nationalist industrial policies

The CEOs of Europe’s top chipmakers warn that nationalist semiconductor policies in the U.S., China, and Europe hinder global business.

The inquiry will initially examine 47 models produced by 20 brands (Alamy/PA)
AutomotiveBusinessEmissionsNewsPoliticsRegulations

UK govt investigating dozens of vehicle models over diesel emissions concerns

The UK government is investigating 47 diesel vehicle models over possible emissions cheating, a probe that could expand and lead to recalls if...

The Tesla logo is seen on a car in Los Angeles, California, U.S.
BusinessElectionsElectric Vehicles (EVs)News

Tesla stock extends rally as Musk-Trump alliance fuels gains

Tesla shares soar 7% on premarket gains, fueled by Musk's backing of Trump and hopes for policy benefits.

Miniatures of solar panel and electric pole are seen in front of Enphase logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectric Vehicles (EVs)ElectricityLabourManufacturingNewsSolarStorage

Enphase Energy to lay off 17% of workforce

Enphase Energy will cut its global workforce by about 17 per cent, impacting about 500 employees and contractors, the solar inverter maker disclosed...

FILE PHOTO: A Tesla Model 3 vehicle drives using FSD (Full Self-Driving) in Encinitas, California, U.S., October 18, 2023.     REUTERS/Mike Blake/File Photo
Electric Vehicles (EVs)NewsRegulations

US agency raises concerns about Tesla Full Self-Driving social media posts

NHTSA investigates Tesla FSD social media claims, citing concerns they may mislead drivers into treating it as a robotaxi needing no attention.

FILE PHOTO: The logo of Leapmotor is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessEconomyElectric Vehicles (EVs)LegislationManufacturingNewsPoliticsRegulationsTrade

Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

Chinese automakers were recently told to pause their large-scale investment plans in EU countries that had backed the tariff proposal.

FILE PHOTO: 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)NewsPolitics

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism

Tesla's market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of favorable treatment with Trump's election.

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