Sunday, 2 February 2025

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FILE PHOTO: U.S. Trade Representative Katherine Tai speaks during a press briefing at the White House in Washington, U.S., May 14, 2024. REUTERS/Elizabeth Frantz/File Photo
Electric Vehicles (EVs)NewsPoliticsTrade

US trade chief Tai lauds Canada’s steep new tariffs on Chinese EV, metals

The U.S. Trade Representative strongly supports Canada's decision to impose tariffs on Chinese-made EVs and steel, aligning with U.S. plans.

Electric Vehicles (EVs)NewsPoliticsRegulations

Canada’s budget watchdog: EVs cheaper to run but costs must come down to drive sales up fast enough

A new analysis suggests it's already cheaper to operate electric vehicles than their similar gas-powered cousins, but the savings must get substantially higher...

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessNews

GM must face big class action over faulty transmissions

A federal appeals court has ordered GM to face a class action lawsuit over claims that it knowingly sold vehicles with faulty transmissions...

FILE PHOTO: A general view of ZEVO 600 by the automaker General Motors (GM) Brightdrop unit's CAMI EV Assembly, Canada's first full-scale electric vehicle manufacturing plant, in Ingersoll, Ontario, Canada December 5, 2022.  REUTERS/Carlos Osorio/File Photo
BusinessElectric Vehicles (EVs)News

GM to move BrightDrop electric commercial vans to its Chevrolet brand

GM to rebrand BrightDrop electric vans under Chevrolet, expanding reach through its North American dealership network.

FILE PHOTO: The Polestar 4 electric SUV is displayed at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

EV tariffs could hurt European companies and industry, Polestar CFO says

Polestar CFO warns EU and U.S. tariffs on China-made EVs could harm European industry, as Polestar shifts production.

FILE PHOTO: A brine pool reflects clouds at a lithium mine in the Atacama salt flat, close to San Pedro de Atacama area, Antofagasta region, Chile May 4, 2023. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Rio Tinto, BYD and LG Energy eligible for Chilean lithium project

Major mining companies can proceed with proposals for Altoandinos lithium project, says state-run company.

FILE PHOTO: A sign marks the offices of Uber in Saugus, Massachusetts, U.S., May 8, 2019.   REUTERS/Brian Snyder/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Uber invests in UK startup Wayve to speed up self-driving projects

Undisclosed amount invested by ride-hailing giant as Wayve hopes to speed up development of systems.

A logo of Polestar is pictured on a car at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Polestar shares rebound on funding boost, margins reassure

Polestar shares rise after announcing $1.3bn in external funding after months of setbacks.

FILE PHOTO: A view of the MP Materials rare earth open-pit mine in Mountain Pass, California, U.S. January 30, 2020. Picture taken January 30, 2020. REUTERS/Steve Marcus/File Photo
BusinessCritical MineralsEconomyElectionsElectric Vehicles (EVs)FinanceMineralsNewsPolitics

Wary of Trump, US minerals projects rush to close government loans

Battery and EV mineral firms hope to pay back collective $25bn in loans to US government amid fears Trump would shut down program.

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