Focus on Transport
US trade chief defends tariff hikes when paired with investment
US Trade Rep Katherine Tai defends tariffs on China, calling them a “constructive” tool to boost US industry ahead of elections.
Stellantis sues UAW in US federal court over strike threats
Automaker Stellantis has filed a lawsuit against the United Auto Workers in federal court in California, claiming the union's actions around possible strikes...
Czechs seek partners to challenge EU’s CO2 goals for car sector
The Czech Republic will seek EU allies to counter stricter 2025 CO2 limits, which risk hefty fines and impact on its car sector,...
As EU targets Chinese cars, European rivals sputter
EU targets Chinese EVs with new tariffs to shield European automakers.
Private equity firm MBK, Young Poong raise Korea Zinc tender offer to $1.88 billion
MBK and Young Poong raise bid to 830,000 won per share in takeover battle for Korea Zinc, crucial for EV and tech supply...
Rivian lowers annual production forecast due to parts shortage
Rivian cut its 2023 production forecast to 47K-49K due to a parts shortage and slowing EV demand, sending shares down four per cent.
Alphabet’s Waymo to expand robotaxi fleet with Hyundai EVs
Alphabet's Waymo partners with Hyundai to add IONIQ 5 EVs to its U.S. robotaxi fleet, with testing to begin in late 2025.
Trump says no state would be allowed to ban gas-powered cars if he is elected
Republican presidential candidate Donald Trump says if he is elected in November, no state will be able to ban gas-powered cars or trucks.
India, US to cooperate on critical battery minerals, trade minister says
Indian Trade Minister Piyush Goyal announces supply chain cooperation agreement with the U.S. for critical minerals in EVs.
Germany to vote against EU tariffs on Chinese electric vehicles, sources say
Germany will vote against EU tariffs on Chinese electric vehicles, sources tell Reuters; government spokesperson declines to comment.
