Focus on Transport
Carmakers adjust electrification plans as EV demand slows
Lowering targets, increasing hybrid production and changing timelines — how car manufacturers are responding to weak EV demand.
Stellantis pauses production of electric Fiat 500 due to poor demand
Global slowdown in EV sales leads Stellantis to pause making electric Fiat 500, while its Mirafiori plant waits for production to begin on...
China warns carmakers of risks in building plants overseas, sources say
As EV makers plan global factories to beat import tariffs, China's commerce ministry advises against certain countries.
GM, Hyundai Motor to explore joint vehicle development projects
Shared vehicle development, supply chains and clean energy tech on the agenda in GM-Hyundai deal as both eye greater EV production.
Global EV sales up 20% in August despite 19-month low in Europe, Rho Motion says
Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 20% in August, driven by record high sales in China.
USPS’ new mail truck makes its debut – with majority set to be electric
After public pressure and a government deal, EV postal trucks will eventually make up the majority as the new models start to replace...
China’s Geely scouting locations for Europe plant
Geely is exploring locations for a potential EV plant in Europe but hasn't fully committed, with talks ongoing in Poland.
Stellantis to invest over $406 million in Michigan plants in EV, hybrid push
Stellantis invests in US plants to develop a shared platform for electric and hybrid vehicles.
Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Electric trucks should cost no more than 30% than diesel models, says McKinsey, as zero-emissions vehicles struggle to crack the freight market.
Nigeria’s Dangote refinery caught between promise and reality
Nigeria waits for mega-refinery's fuel to flood the domestic market after delays and outcry over petrol price subsidies.
