Focus on Transport
Volkswagen’s CEO says European market shrinking amid tougher competition
Volkswagen's CEO says change is needed because the European market is shrinking while competition is increasing.
Stuck in the slow lane: McKinsey warns pace of clean tech deployment risks missing 2050 net-zero targets
Despite some progress in renewable energy like solar and wind, there remains a significant gap in deploying newer, crucial technologies such as carbon...
Renault CEO says sector could face billions in fines as EV sales slow
Europe's auto industry could face fines of 15bn euros for carbon emission due to slowing demand for EVs, Renault CEO Luca de Meo...
Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs
Lawmakers question U.S. auto parts retailers on sourcing from a Chinese firm accused of evading tariffs via Thailand.
Propeller falls off BC Ferries vessel, spilling 800 litres of oil
About 800 litres of light hydraulic oil have spilled into the sea from a BC Ferries vessel after one of its propellers fell...
EU countries mull 20-year tax holiday for jet fuel, document shows
EU countries consider delaying taxes on polluting aviation fuels for 20 years, complicating climate goals for net zero by 2050.
China, price cuts and costs: The fuel driving Volkswagen’s crisis
Volkswagen warns of accelerating competition from China, cutting its cost-cutting timeline and considering plant closures.
China submits request to Canada for WTO tariffs consultation
Canada-China tariff row escalates as Beijing says it has requested talks with World Trade Organization about the added fees on EVs and metals.
EVs will account for up to half of auto sales by 2030, BYD Pakistan says
China's BYD hopes that Pakistan EV sales will shoot up as it enters a market dominated by Japanese brands.
Volkswagen’s German battery plant to stay at half capacity
Workers fear PowerCo cutting back on production lines as parent company Volkswagen embarks on wider strategic review.
