Focus on Transport
Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US
The South Korean battery maker said the joint plant aims for mass production in 2027 and annual capacity is expected to rise to...
Self-driving truck company TuSimple settles fraud lawsuit for $189 million
TuSimple settles for $189M over allegations of misleading shareholders about safety and insider control of a Chinese rival.
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
China Evergrande's EV unit expects a larger H1 2024 loss, driven by a significant impairment provision amid ongoing financial woes.
US awards $521 million in grants to boost EV charging network
Biden administration hopes to give US EV charging network a boost with 9,200 more ports across 41 projects.
China’s Xpeng prices its first budget EV from $16,813
In the crowded Chinese market, the XPeng MONA M03 electric hatchback coupe hopes to lure in drivers with low prices.
China accuses Canada of protectionism over tariffs on EVs
Chinese Commerce Ministry criticises Canadian tariffs on EVs and urges government to "correct its wrong practices" over the move.
China’s BYD to use Huawei’s self-driving system in off-road EVs
Upscale Fangchengbao brand from BYD to use self-driving tech developed by Huawei as Chinese manufacturers band together in face of tough pressures.
Tesla can challenge Louisiana direct sales ban: US court
A federal appeals court revived Tesla's lawsuit against Louisiana's ban on direct vehicle sales, reversing parts of the lower court's dismissal.
US agency to reexamine permit for Hyundai’s $7.6 billion electric vehicle plant in Georgia
The Army Corps of Engineers will reassess Hyundai's Georgia EV plant permit after concerns about its impact on local water supplies.
Canada to impose 100% tariff on Chinese EVs, including Teslas
Prime Minister Justin Trudeau said on Monday that Canada will impose a 100% tariff on the import of Chinese electric vehicles
