Focus on Transport
Gunvor teams up with VARO to build sustainable aviation fuel facility in Rotterdam
The manufacturing facility in Rotterdam, with capacity of 350 kt per annum, aims to produce enough sustainable aviation fuel to meet up to...
Standard Lithium names David Park as CEO
Park, in a prior role, has served as the president at a unit of Koch Industries, Standard Lithium's biggest shareholder.
Cummins raises full-year outlook as demand picks up steam
Truck maker Cummins' Q2 beats estimates after power systems find using in mining industry and work continues on low-emission technologies.
When transmission lines fell, 16 electric vehicles fed power into the grid. It showed electric vehicles can provide the backup Australia needs
Electric vehicles can stabilize the grid by discharging power, but smarter charging is needed to avoid straining it.
Mobileye slashes annual forecasts on uncertain demand; shares fall
Israeli self-driving company Mobileye revenue reconsidered as carmakers around the world cut production and reduce demand for chips.
Japan’s Nissan, Honda to jointly research software, start talks with Mitsubishi
Japanese automakers Nissan Motor and Honda Motor agreed to conduct joint research into technologies for a next-gen software platform
China woes hit BMW as profit margin falls
Earnings fall in BMW Q2 results as Chinese sales slump, but strong demand for EVs could be a positive sign for the future.
Weak yen helps Toyota compensate for Japan issues and EV woes
Toyota profits see modest rise despite certification issues in Japan and concerns over China gaining market share for EVs.
Big truckmakers bet on hydrogen to extend combustion engine life
With electric batteries not up to the task of long-haul freight, hydrogen trucks offer a chance for low-emission deliveries.
Tumbling lithium prices push Albemarle to fresh round of cost cuts
Albemarle, the world's top lithium producer, plans cost cuts amid tumbling lithium prices and a Q2 loss, citing weak EV demand.
