Focus on Transport
Mercedes car earnings plunge as China shuns luxury
Mercedes-Benz's Q3 earnings in the car division fell 64%, missing estimates, due to a weak Chinese market and model revamp costs.
Trump vs Harris: Competing visions for a warming world
Trump and Harris offer starkly different climate visions, with Trump's "drill" policies clashing against Harris' green energy support.
VW’s Scout Motors unit will offer EV SUVs, trucks with gas engine option
Volkswagen's Scout Motors unveiled electric SUV and truck concepts with up to 500-mile range, adding gas engines for extended range.
German air-taxi maker Lilium’s units to file for insolvency, shares plunge
Lilium's German subsidiaries filed for insolvency amid a cash crunch, sending shares down 57 per cent.
US autonomous truck startup Outrider raises $62 million to scale up
Outrider raises $62M in Series D to scale autonomous truck services in distribution yards, led by Koch and NEA.
Tesla eases investor fears with crucial EV growth forecast, shares jump
Tesla's stock surged nearly 12% after strong sales forecast, assuring investors of Musk's commitment to EV growth.
China’s CATL unveils new battery for extended-range hybrids
Chinese battery giant CATL launched its first battery product focused on extended-range hybrids.
Chinese self-driving startup WeRide files for $440 million U.S. IPO
Chinese self-driving startup WeRide has filed for a $119.4M IPO on Nasdaq and a $320.5M private placement, aiming for a $5B valuation.
Tesla promises paid robotaxis next year, but significant hurdles remain
Tesla CEO Elon Musk says driverless ride-hailing will launch in California and Texas next year, facing significant regulatory hurdles.
Hyundai Motor’s Q3 operating profit falls 7% from a year earlier
Hyundai warns of slowing demand, posts seven per cent drop in Q3 profit, but maintains 2024 earnings target; shares fall five per cent...
