Tuesday, 25 February 2025

Focus on Transport

Daniela Cavallo, Chairwoman of the General and Group Works Council of Volkswagen AG, speaks to employees announcing job cuts and closure of a few Volkswagen factories, at the company's headquarters in Wolfsburg, Germany, October 28, 2024. REUTERS/Axel Schmidt
AutomotiveBusinessManufacturingNewsPolitics

Volkswagen labour chief sounds alarm on mass layoffs, three German plant closures

Volkswagen to close three German factories and lay off thousands, increasing pressure on the government amid economic woes.

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
AnalysisBusinessElectric Vehicles (EVs)Manufacturing

Analysis: Musk’s bold 2025 prediction on Tesla sales faces skepticism, scrutiny

Tesla's ambitious growth forecast of 20-30 per cent for 2025, driven by cheaper models and self-driving tech, faces Wall Street skepticism.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsTrade

China again warns EU against separate talks with EV makers

China renewed warnings that if the EU conducts separate talks with EV companies while in dialogue with China, that would erode trust.

A view of the Green Pioneer and the Navigator Global with Rio Tinto tugboats at the anchorage of Port Dampier, Pilbara, Western Australia September 15, 2024. Global Centre for Maritime Decarbonisation/Handout via REUTERS/File Photo
AnalysisBusinessMaritime

Analysis: Zero carbon ammonia for shipping faces cost, safety challenges

Ammonia's appeal is that it is carbon free, and would be a zero emission fuel if made from hydrogen produced with renewable electricity.

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

The company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...

FILE PHOTO: A Volkswagen logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourManufacturingNewsTrade

Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report

Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...

Campaigners at Oxfam Scotland are urging First Minister John Swinney to have talks with the UK Govenrment so Scotland can introduce a new tax on ‘planet wrecking private jets’. (Nicholas T Ansell/PA)
AviationClimateEmissionsEnvironmentNewsPolitics

Scotland must act to tax ‘planet-wrecking private jets’, campaigners urge

Scotland urged to tax private jets, with Oxfam claiming their "reckless pollution" fuels climate crisis and extreme inequality.

The Ontario government is moving to extend its 5.7-cent cut to the gas tax until next summer. Ontario premier Doug Ford holds a press conference at a gas station in Toronto on Tuesday, October 31, 2023. THE CANADIAN PRESS/Nathan Denette
AutomotiveLegislationNewsTransport

Ontario government moves to extend 5.7 cent gas tax cut to June 2025

Premier Doug Ford says his government will soon put forward legislation to keep the tax at nine cents per litre until June 30.

Indonesia aims to become one of the world's top three producers of EV batteries. Indonesia could be perfectly placed to become a battery-making giant because it has the world's largest nickel reserves. (AFP)
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Indonesia bets on SE Asia’s first battery plant to become EV hub

Indonesia hosts the world's largest nickel reserves — now, the country is looking to capitalize on them and kick start its battery industry.