Focus on Transport
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.
Canada’s early emissions estimate for 2023 shows modest decline, but oil and gas emissions undermine progress
Progress on reducing emissions is possible, but hitting Canada's 2030 target requires that governments build on policy momentum.
Tesla plans four new batteries in 2026, including for robotaxi: report
Tesla plans to design four new versions of its in-house 4680 battery to power the Cybertruck, robotaxi, and other EVs.
Uber ties up with Avride for food deliveries, robotaxi rides
Uber partners with autonomous startup Avride for food deliveries and robotaxi services, expanding its self-driving network.
