Tuesday, 4 March 2025

Focus on Transport

FILE PHOTO: The Honda logo is seen on a new Civic model on a dealer's lot in Silver Spring, Maryland, U.S. June 1, 2016. REUTERS/Gary Cameron/File Photo
AutomotiveElectric Vehicles (EVs)News

Honda to recall over 720,800 vehicles in US on fuel pump concern

A high-pressure fuel pump may crack and leak fuel, increasing fire risk, the National Highway Traffic Safety Administration said on Tuesday.

FILE PHOTO: Lucid’s Gravity electric SUV is seen in a preview at Lucid’s headquarters in Newark, California, U.S. November 3, 2023.  REUTERS/Abhirup Roy/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Lucid says its stock sale will provide ‘cash runway’ well into 2026

Lucid CEO Peter Rawlinson says the stock sale will provide the electric luxury sedan maker with a "cash runway well into 2026."

News ReleaseAviationElectric Vehicles (EVs)Sustainable Aviation Fuel

Saft introduces new 28V lithium-ion battery for aviation

Saft presents a new 28-volt lithium-ion battery for back-up and powerful engine starting for business jets and helicopters.  This lithium-ion battery is more...

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityManufacturingSolarStorage

US set to award Hemlock Semiconductor $325 million for polysilicon production

The U.S. is awarding $325M to Hemlock Semiconductor to boost polysilicon production, securing the chips supply chain.

FILE PHOTO: General view outside the Northvolt facility in Vasteras, Sweden, September 29, 2021. Picture taken September 29, 2021. REUTERS/Helena Soderpalm/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Northvolt making progress towards securing financing package

Swedish battery maker Northvolt is making significant progress towards raising a new financing package, it told Reuters on Monday.

FILE PHOTO: A Ford logo is pictured at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

GM, Ford brace for investor scrutiny over pricing power, EV losses

GM and Ford face investor doubts as they report Q3 results amid challenges in gas car pricing power and EV losses.

German Chancellor Olaf Scholz attends the opening ceremony of the Mercedes Benz battery recycling factory in Kuppenheim, Germany, October 21, 2024. REUTERS/Kai Pfaffenbach
AutomotiveCritical MineralsElectric Vehicles (EVs)News

German carmakers should not be afraid of Chinese competition, says Scholz

German carmakers need not fear China, says Chancellor Scholz, citing past competition from South Korea and Japan.

FILE PHOTO: The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Musk to face questions on Tesla’s robotaxi bets on results day

Tesla investors will get the chance to question Elon Musk's robotaxi after a recent unveil lacked key details, hitting shares.

Passengers wait to board an AVE high-speed (Talgo 350) train to Madrid at the Antequera-Santa Ana train station, in Antequera, Spain, October 14, 2024. REUTERS/Jon Nazca/ File Photo
BusinessGreen SteelIndustryManufacturingNewsRail

Sidenor in talks to buy some or all of Spanish train maker Talgo

Basque steel maker Sidenor is in talks with Talgo about buying some or all of the Spanish train maker's shares, Talgo said on...

FILE PHOTO: Cars are seen waiting in traffic on a road near Porta Nuova district in Milan, Italy, October 25, 2023. REUTERS/Claudia Greco/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceFuelLiquefied Petroleum GasNewsOilPolitics

Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

The EU's five biggest members spend 42 billion euros annually subsidizing fossil-fuel company cars, according to a recent study.

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