Focus on Transport
Polestar shares rebound on funding boost, margins reassure
Polestar shares rise after announcing $1.3bn in external funding after months of setbacks.
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.
EU new car sales flat in July as electric slumps, industry body says
Mixed trends across Europe leave EV sales losing market share, data shows.
J.D. Power cuts U.S. EV sales forecast to 9% as growth slows
Revised forecast for US EV sales comes after Ford scrapped plans for new electric models, but electric could reach a 36% market share.
Tesla asked Canada for lower tariff on China-made EVs: govt source
Tesla sought a lower tariff on Chinese-made EVs before Canada imposed a 100% duty, similar to the EU's approach.
Maersk says ocean shipping’s zero-emissions push needs government support
Maersk's green methanol ship crossed the Pacific, but lacked U.S. refueling options, highlighting the need for more green fuel infrastructure.
Two Republicans want Pentagon to add Chinese battery maker CATL to restricted list
Top Republican lawmakers urge U.S. Defense Department to restrict Chinese battery maker CATL, citing ties to Beijing's military.
Chinese EV giant BYD posts 24.4% rise in profit
BYD profits rise as electric and hybrid vehicles account for more than half of all Chinese sales, despite looming global tariffs on EVs.
Dutch group sues Stellantis over alleged emissions cheating
Class action lawsuit over alleged Stellantis emissions cheating is based on actions of predecessor company Fiat Chrysler.
Hyundai targets 30% rise in sales by 2030, as it doubles hybrid lineups
As demand for EVs slows down, Hyundai's hybrid lineup will double to 14 models in shift to sales targets.
