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High costs, slowing China: Volkswagen’s perilous road ahead

Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.

The heat is rising for Quebec Premier François Legault as opposition parties demand more answers about his government's investment in the planned Northvolt battery factory near Montreal. The entrance to Northvolt is shown in St-Basile-le-Grand, east of Montreal, on Thursday, May 16, 2024. THE CANADIAN PRESS/Christinne Musch
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Quebec opposition calls for transparency amid Northvolt layoffs, $7 billion battery plant investment

Opposition parties demand answers about Quebec's investment in the planned Northvolt battery factory near Montreal.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Indiana, Pennsylvania, U.S., September 23, 2024. REUTERS/Brian Snyder/File Photo
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Trump says he will put 100 per cent tariffs on every car coming across Mexico border

"We will put a 100% tariff on every single car coming across the Mexican border," Trump said in a speech in Georgia.

FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
EconomyElectric Vehicles (EVs)NewsOilPolitics

OPEC rolls out global oil outlook to 2050, sees no peak demand

OPEC is citing growth led by India, Africa and the Middle East and a slower shift to electric vehicles and cleaner fuels.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
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Elon Musk looking to invest in lithium hub Argentina

Argentina is the world's fourth-largest producer of lithium, a critical component of electric vehicle batteries.

FILE PHOTO: People look at the newly unveiled Onvo L60 SUV, the first vehicle of Chinese electric vehicle (EV) maker Nio's new lower-priced brand, in Shanghai, China May 15, 2024. REUTERS/Zoey Zhang/File Photo
AnalysisAutomotiveElectric Vehicles (EVs)OpinionPoliticsRegulationsTradeTransport

Analysis: Biden’s car-tech ban is a powerful new weapon against Chinese EVs

By David Shepardson, Nora Eckert and Abhirup Roy WASHINGTON/DETROIT (Reuters) -The Biden administration’s proposed ban on Chinese connected-car technology could prove its strongest...

FILE PHOTO: A view shows model TO3 of Leapmotor, a Chinese automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s Leapmotor and Stellantis open orders in Europe for budget EVs

MILAN (Reuters) -China’s Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and its...

FILE PHOTO: Toyota's logo is seen in their exhibition stall at Bharat Mobility Global Expo organised by India's commerce ministry at Pragati Maidan in New Delhi, India, February 1, 2024. REUTERS/Anushree Fadnavis/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)EmissionsEmissions MarketsManufacturingNews

Toyota cheated on forklift engine emissions, lawsuit in US claims

Toyota faces a U.S. class action lawsuit accusing the automaker of emissions cheating in nine engines for its forklift trucks.

The Lincoln Nautilus SUV is displayed at the Los Angeles Auto Show in Los Angeles, California U.S. November 29, 2017. REUTERS/Lucy Nicholson/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulationsTrade

GM, Ford would need to halt Chinese vehicles exports for US under rule: official

A proposed rule may force GM and Ford to stop exporting vehicles from China to the U.S., impacting production plans.

British Airways has invested £9 million in carbon capture projects (Steve Parsons/PA)
AviationBusinessCarbon ManagementEmissionsEmissions MarketsEnvironmentNews

British Airways signs deal to buy more than £9m of carbon removal credits

British Airways invests £9M in carbon removal credits to reach 2030 decarbonisation goals and support net-zero by 2050.

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