Focus on Transport
China-led AIIB head criticizes advanced nations for trade barriers
The head of the Asia Infrastructure Investment Bank has said there is "no longer free trade" in the global economy.
No home left behind: a postcode approach to electrification
A community-driven pilot project in Australia promises to show how household electrification can be accelerated and co-ordinated at scale.
US labor board wrongly ordered Tesla’s Musk to delete anti-union tweet, court rules
Elon Musk was wrongfully ordered to a delete a tweet discussing Tesla staff unionizing in 2018, a US court has ruled.
Government advisers call for 81% cut in UK emissions by 2035
The British government is preparing to unveil plans for cutting emissions by 2035 under the global Paris Agreement.
Porsche AG flags cost cuts as China weakness, slowing EV shift hits profits
Porsche AG may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market.
Alphabet’s Waymo closes $5.6 billion funding to expand autonomous ride-hailing service
Waymo closes $5.6B funding round led by Alphabet to expand autonomous ride-hailing in key U.S. cities, including SF and LA.
Stellantis to start making new Lancia Gamma at Italy’s Melfi plant in 2026
Stellantis to start Lancia Gamma production in 2026 at Melfi plant, aiming to boost Italian output amid falling local production.
China Evergrande’s EV unit to cease discussions for stake sale
China Evergrande NEV’s potential sellers end stake sale talks; liquidators continue seeking buyers amid rising losses.
China’s WeRide raises $440.5 million through US IPO, placement
Self-driving firm WeRide reached a $4.21B valuation after raising $120M in its U.S. IPO, benefiting from eased regulations.
EU, China agree to more talks on potential alternatives to EV tariffs
The EU and China will soon hold more talks on alternatives to EV tariffs, but significant gaps remain, the EU Commission said.
