Europe
Germany earmarks $3 billion for decarbonisation subsidies
To achieve climate neutrality by 2045, Germany will offer subsidies for decarbonisation in the glass, paper, and chemical sectors.
LG Energy Solution signs two battery supply deals with Ford
South Korea's LG Energy Solution said on Tuesday that it has signed two contracts to supply electric vehicle batteries to the Ford Motor...
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.
Norway court rejects environmental injunction against oil and gas fields
A Norway court ruled in favor of the government, rejecting activists' bid for a temporary halt on three oil and gas fields.
Low-cost hybrid tech gives Renault breathing space in tough EV transition
Renault CEO Luca de Meo’s low-cost gearbox boosts the brand's position in Europe’s hybrid car market.
Eni CEO says U.S. funds showing confidence in group’s strategy
U.S. investment funds back Eni's spin-off strategy as CEO Descalzi highlights success with low-carbon ventures and talks with KKR.
Stellantis CEO says EU carbon rules are pushing industry costs up by 40%
Stellantis CEO Carlos Tavares noted EU carbon rules are raising auto industry costs as customers avoid pricey EVs.
Moody’s downgrades Volkswagen outlook to ‘negative’ due to operating weakness
Moody's cuts Volkswagen's outlook to "negative" citing weak performance, low volume growth, and restructuring challenges ahead.
Swedish court upholds ruling against Tesla in labour dispute
The court upheld a preliminary ruling that Sweden's postal service Postnord does not need to deliver licence plates to Tesla.
