Focus on Transport
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.
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.
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 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.
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.
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...
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.
Stellantis workers march in Italy over production slump
Thousands of Stellantis workers strike in Rome over layoffs, production halts, and weak demand for electric vehicles.
NHTSA probing Tesla’s FSD software in 2.4 million vehicles over collisions
The National Highway Traffic Safety Administration (NHTSA) is investigating 2.4 million self-driving Teslas after a pedestrian fatality.
Truck maker Volvo’s Q3 adjusted profit falls more than expected
Swedish truck maker AB Volvo forecast stagnant demand next year and posted a bigger-than-expected slide in quarterly adjusted earnings on Friday.
