Focus on Transport
Nikola posts smaller-than-expected loss on robust truck demand
Nikola beat posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs
China launches appeal at WTO over EU electric vehicle tariffs
Beijing said Friday it had filed an appeal with the World Trade Organization over EU imposition of additional tariffs on Chinese EV imports
India’s Mahindra seeks nod for $3 billion Shaanxi JV, sources say
Automaker Mahindra & Mahindra and China's Shaanxi Automobile Group have agreed to set up a $3bn JV to build a car manufacturing plant...
China auto sales fall in July, while exports jump about 20% as automakers expand across the globe
Auto sales in China slipped 5% from a year earlier, although exports jumped 20% as makers of electric vehicles expanded into global markets
India’s Ola Electric surges 20% on debut on EV optimism
Ola Electric's shares surged 20% on their Mumbai debut, valuing the company at $4.8B, as investors bet on India's growing EV market.
Air-taxi maker Archer plans to launch air mobility network in LA as early as 2026
The San Jose, California-based company did not disclose the size of investment for the planned Los Angeles project.
Committed to China operations despite challenges: General Motors
GM reaffirms commitment to a profitable China operation amid competition and investor scrutiny, eyeing restructuring efforts.
Paris ‘flying taxis’ scheme misses Olympic debut
With all eyes on Paris, Volocity air taxi misses out thanks to engine issues – but operators say they will fly, possibly as...
China’s EV maker BYD launches first model with lidar sensor
2025 version of the Seal EV from BYD will have lidar sensors, becoming the company's first model to do so.
China auto market hits milestone as EVs, hybrids make up half of July sales
Milestone for the Chinese car market as 50.7% of cars sold were electric or hybrids, although domestic sales have declined overall amid struggling...
