Focus on Transport
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Tesla will lay off 2,688 employees at its Texas factory, which follows another round of layoffs last week for the electric-vehicle maker under...
California, 21 other states back EPA vehicle emissions rules
California, New York, Michigan and Pennsylvania – among others – intervene in Republican states' EPA lawsuit regarding emissions regulation.
EV startup Fisker at risk of filing for bankruptcy in 30 days
Cash-strapped business needs relief from creditors after talks with large automaker for investment collapsed last month.
Tesla aims to cut 400 jobs in Germany via voluntary programme
Tesla on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin
General Motors beats quarterly results targets – as gas funds EV work
The automotive giant has raised its annual forecast, saying stable pricing and gas-powered vehicles will help ease investors' concerns over continued EV development.
Chery, B-ON form electric vans JV for Europe, N.America
Chery is an investor in Luxembourg-headquartered B-ON and will provide working capital to help fund the joint venture.
EV maker Nidec posts quarterly loss, hit by restructuring costs
Kyoto-based electric car manufacturer Nidec reports 6 billion yen operating loss as it struggles with competition from China.
Renault Q1 sales rise 1.8% amid turnaround and shift to EVs
More Renault electric models to launch later this year as carmaker notes growth despite fierce competition from Chinese EVs.
Electric car sales to rise but affordability in focus, IEA says
Sales of electric cars expected to hit 17 million, but concerns over cost and access to chargers cast doubt over the future, says...
Tesla earnings a ‘moment of truth’ for Musk after stumbles
Tesla earnings report comes amid the turbulence of price cuts, recalls, delays and a controversial pay package for CEO Elon Musk.
