Focus on Transport
Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows
The sales of new fully electric or hybrid cars in Brazil are expected to surpass sales of vehicles run on combustion engines in...
Saft delivers innovative LTO traction batteries to power Siemens Mobility’s hydrogen trains
Saft LTO traction batteries enable hydrogen fuel cell propulsion on Mireo Plus H trains that will operate on routes in Germany Lithium titanate...
Volkswagen cuts 2024 outlook on deteriorating macroeconomic environment
Volkswagen cuts its 2024 profit margin outlook again, citing weak demand and a challenging macroeconomic environment.
Proposed Biden Chinese car tech ban could cut up to 25,000 US auto sales
New U.S. rules on Chinese auto components could cut sales by up to 25,841 vehicles annually and raise prices.
Chinese automaker BYD seeks further easing of Mexico EV tariffs
Chinese automaker BYD seeks tariff relief extension for EV imports in Mexico as it plans a new manufacturing plant.
CEOs warn US energy transition subsidies are driving brain drain and investment out of Canada
Canadian CEOs warn that U.S. subsidies from the Inflation Reduction Act are driving a brain drain and investment south.
Evergrande EV unit’s liquidators still in talks with potential stake buyers
China Evergrande's EV arm is still negotiating with a potential buyer for a stake and credit line to support production.
Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’
By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...
Stellantis and Orano drop planned JV to recycle electric car batteries
Automaker Stellantis and nuclear fuels firm Orano have dropped their planned joint venture to recycle electric car batteries.
Ford, GM shares fall after Morgan Stanley analyst downgrade
Ford and GM shares fell five percent as Morgan Stanley downgraded both automakers, citing rising competition and weakening demand.
