Monday, 3 March 2025

Focus on Transport

FILE - A JetBlue Airbus flies over a pair of Southwest Airlines' jets from Bob Hope Airport in Burbank, Calif., bound for New York's JFK airport, July 19, 2005. California will partner with a trade group representing major U.S. airlines to increase the availability of sustainable aviation fuels, state officials said Wednesday. (AP Photo/Reed Saxon, File)
AviationBusinessFuelNewsSustainable Aviation FuelTransport

California announces sustainable fuels partnership to curb emissions from planes

California already produces about 11 million gallons annually of sustainable aviation fuel — this new plan would increase that to 200 million by...

Stakeholders attend the second round of collective bargaining negotiations between Volkswagen and the IG Metall union including Arne Meiswinkel, board member for human resources of Volkswagen Passenger Cars, Daniela Cavallo, chairwoman of the general and group works council of Volkswagen AG and Thorsten Groeger, Lower Saxony district manager of IG Metall and negotiator, in Wolfsburg, Germany October 30, 2024. REUTERS/Axel Schmidt
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceLabourManufacturingNews

Volkswagen calls for 10% pay cuts

Volkswagen wants its workforce to take pay cuts of 10 per cent in order to remain competitive and safeguard jobs.

FILE PHOTO: A new Renault Twingo electric car is unveiled during Renault Group capital market day for its new electric vehicle unit Ampere, in Paris, France, November 15, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Nissan may partner with Renault on new small EV for Europe

Renault, Nissan discuss a joint EV version of Renault’s Twingo to debut in 2026 under 20,000 euros, aiming to compete with Chinese EVs.

An image featuring the BYD logo with silhouettes of people in the background.
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

Chinese EV giant BYD beats Tesla in quarterly revenue for first time

China's BYD reported surging sales, surpassing Tesla in quarterly revenue for the first time as it expands into overseas markets.

Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

China tells carmakers to pause investment in EU countries backing EV tariffs, sources say

China advises automakers to halt investments in EU nations backing new EV tariffs, potentially widening the Europe-China rift.

FILE PHOTO: People stand near the full-scale prototype of electric vertical take-off and landing (eVTOL) aircraft developed by Eve Air Mobility, an Embraer group company, as it is presented for the first time in Gaviao Peixoto, Brazil July 3, 2024. REUTERS/Amanda Perobelli/File Photo
AviationBusinessElectric Vehicles (EVs)NewsTransport

Embraer’s Eve gets $50 million Citi loan to fund ‘flying car’ development

Eve secures a $50 million Citibank loan, boosting funds for its eVTOL 'flying car' development and 2026 launch plans.

FILE PHOTO: A Ford F-150 pickup truck is seen on the assembly line at Dearborn Truck Plant in Dearborn, Michigan, U.S.  April 11, 2024.  REUTERS/Rebecca Cook/File Photo
AnalysisAutomotiveContracts for DifferenceElectric Vehicles (EVs)

Ford investors impatient for the automaker to rev up efficiency efforts

Ford stock dropped 8% this week as quality and cost issues raise concerns over CEO Farley’s efficiency plans and lagging EV goals.

FILE PHOTO: The front end of the Ram 1500 Revolution electric concept pickup truck is shown during a Stellantis keynote address at CES 2023, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 5, 2023.  REUTERS/Steve Marcus/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsRegulations

Stellantis to recall over 33,000 Ram trucks, NHTSA says

Stellantis recalls 33,777 Ram 1500 trucks in U.S. due to potential damage in front wheel hub encoder rings, affecting stability control.

FILE PHOTO: Volvo reveals their new Volvo EX30 fully-electric small SUV vehicle during an event in Milan, Italy June 7, 2023. REUTERS/Claudia Greco/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Volvo Cars seeks to oust Northvolt from EV battery venture

Volvo seeks Northvolt’s stake in their battery JV NOVO but needs a new partner to maintain gigafactory plans, aiming for 2026 production.

FILE PHOTO: Geely Auto logo is seen in this illustration taken January 16, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)Manufacturing

Chinese automaker Geely steps up challenge to BYD with new hybrid tech

Geely’s new Leishen hybrid tech outperforms BYD in fuel efficiency with 2.62L/100km and 2,390 km range, boosting hybrid competition.

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