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FILE PHOTO: Toyota's logo is seen in their exhibition stall at Bharat Mobility Global Expo organised by India's commerce ministry at Pragati Maidan in New Delhi, India, February 1, 2024. REUTERS/Anushree Fadnavis/File Photo
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsRegulationsTrade

Toyota to delay US EV production to 2026 amid slowing sales, Nikkei reports

Toyota delays North American EV production to early 2026 due to design changes and slowing demand, impacting its Kentucky plant.

FILE PHOTO: A view of the grounds at the Palisades nuclear reactor in Covert Township, Michigan, U.S., August 14, 2024. REUTERS/Phil Stewart/File Photo
ElectricityEmissionsNewsNuclear PowerRegulations

US report says corrosion at Michigan nuclear plant above estimates

Holtec found significant corrosion in Palisades' steam generators, prompting a $1.52B loan to support its planned reopening by 2025

FILE PHOTO: 2020 Ford Explorer cars are seen at Ford's Chicago Assembly Plant in Chicago, Illinois, U.S. June 24, 2019. REUTERS/Kamil Krzaczynski/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceManufacturingNews

Ford reports weak US sales for third quarter

Ford reported weaker U.S. vehicle sales growth in Q3, causing shares to drop two per cent, reflecting ongoing buyer affordability concerns.

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceNewsTrade

Tesla misses estimates for Q3 deliveries on stiff competition

Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTrade

GM seeks to ease shareholders’ nerves at investor day

GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.

FILE PHOTO: A Nikola Hydrogen Fuel Cell EV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
AutomotiveBusinessFinanceFuelHydrogenManufacturingNewsTransport

Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3

Nikola delivered 88 hydrogen fuel cell trucks in Q3, up from 72 in Q2, maintaining steady demand for its big rigs.

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessNewsOil

US energy companies’ shares rise as Middle East crisis sparks supply fears

U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.

One of the homes belonging to the White family rests on its side in the aftermath of Hurricane Helene, Tuesday, Oct. 1, 2024 in Morganton, N.C. The adjacent Catawba River flooded due to torrential rains destroying seven of the family's nine homes on the property. (AP Photo/Kathy Kmonicek)
ClimateNewsWeather

Biden estimates recovery could cost billions ahead of visit to Helene-raved Carolinas

U.S. President Joe Biden to survey Hurricane Helene's damage in the Carolinas as rescue efforts continue.

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