Friday, 31 January 2025

Focus on Transport

FILE PHOTO: A Porsche Taycan electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan/File Photo
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Porsche to recall over 27,000 EVs in US over battery short circuit risk

Porsche recalls 27,527 Taycan sedans in the U.S. due to potential battery short circuit, posing fire risks, per NHTSA.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
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China is oversupplying lithium to eliminate rivals, US official says

Chinese lithium overproduction causes an 80 per cent price drop, impacting global competition and hindering supply chain diversification.

FILE PHOTO: Tesla logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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Tesla’s Musk heads to Hollywood to unveil his robotaxi — and face a long list of questions

Tesla to unveil its Cybercab robotaxi, but experts doubt short-term gains amid high expectations and regulatory hurdles.

FILE PHOTO: Employees work at the Northvolt facility in Vasteras, Sweden, September 29, 2021.. REUTERS/Helena Soderpalm/File Photo
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Northvolt subsidiary Ett Expansion AB files for bankruptcy

Northvolt's subsidiary files for bankruptcy as a project is canceled, while the group focuses on scaling battery production.

FILE PHOTO: An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021. REUTERS/Kim Hong-Ji/FIle Photo
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LG Energy Solution to supply EV batteries to Mercedes-Benz affiliate in North America

LGES signed a deal to supply EV batteries to a Mercedes affiliate, boosting shares 5.7 per cent despite forecasting lower profits.

FILE PHOTO: The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service and delivery centers in Vista, California, U.S., May 22, 2024. REUTERS/Mike Blake/File Photo
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Making customers pay for Fisker vehicles recall repairs is illegal, DOJ says

Fisker has also issued multiple recalls this year to fix issues related to door handles, faulty software and noncompliance.

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
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Analysis: EU backing for China EV tariffs shows Berlin’s waning influence

Germany's split with the EU on Chinese EV tariffs highlights its diminishing influence on EU policy, as Berlin prioritizes domestic concerns.

FILE PHOTO: A Nissan logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
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Nissan to invest in auto tech firm ChargeScape

Nissan invests in ChargeScape, joining BMW, Ford, and Honda in the EV charging tech venture to optimize charging in North America.

FILE PHOTO: A Lucid electric vehicle is shown inside one of the company's retail stores at a shopping mall in San Diego, California, U.S.,October 20, 2023.     REUTERS/Mike Blake/File Photo
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EV firm Lucid beats Q3 deliveries estimate as price discounts boost demand

Lucid Group exceeded Q3 delivery estimates, driven by discounts and cheaper financing for its luxury EVs despite economic challenges.

Placards are seen as striking UAW workers picket outside a Stellantis facility in this file photo, September 22, 2023. REUTERS/Dieu-Nalio Chery/File Photo
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Stellantis files new suits against United Auto Workers union

Stellantis filed eight more lawsuits against the UAW, alleging contract violations over strike threats tied to delayed investments.

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