Focus on Transport
China’s BYD boosts production and hiring amid Q3 growth
The Chinese EV maker posted an 11.5% rise in third-quarter net profit.
Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
More than 100,000 electric cars are now being imported into Ethiopia each month.
No, America’s battery plant boom isn’t going bust – construction is on track for the biggest factories, with over 23,000 jobs planned
America's battery plant boom remains strong, with major factory projects underway and over 23,000 jobs anticipated.
Trump says he would charge Stellantis 100% tariff if it moves jobs to Mexico
"Tell Stellantis that if they plan on moving we're going to charge them a 100% tariff on every car"
Environmentalists sue over US approval of ioneer’s Nevada lithium mine
Environmental and Indigenous groups sued to block the Rhyolite Ridge lithium mine, citing risks to Nevada's rare Tiehm’s buckwheat.
Transport for London plans to set up dedicated solar farms to power Tube network
The transport body said it is looking for a delivery partner to invest in the project as it launched a competitive tender process...
EV maker Nikola posts bigger-than-expected quarterly loss, shares fall
The EV maker's shares plunged 5% on the news that it had fallen over $10 million short of revenue expectations.
Ford to halt production of F-150 Lightning EV pickup trucks for six weeks
"We continue to adjust production for an optimal mix of sales growth and profitability," a Ford spokesperson said.
Stellantis Q3 revenues down 27% as company sees progress on inventories
The Dutch EV maker is reducing bloated inventories and remedying poor commercial performance that led to a September profit warning.
Panasonic’s battery unit Q2 operating profit rises 42%, keeps forecast
TOKYO (Reuters) -Japan’s Panasonic Holdings said on Thursday second-quarter operating profit rose 42% at its battery-making energy unit, as stronger sales of energy...
