Keyword "RATI:ADAS-AV-SAFETY" - List of latest news (1 641 results)

15:32 Investors relieved Musk will refocus on Tesla, but worry about brand damage

Tesla investors breathed a sigh of relief after CEO Elon Musk said he would refocus his attention on the electric automaker, but that promise did not entirely dispel worries that his right-wing shift had irrevocably damaged the company's brand.

08:17 Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say

China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said.

07:41 Trade war and safety concerns take centre stage at Shanghai auto show

China's annual major auto shows have become a showcase for the rise of ever-cheaper, better-performing electric vehicles and more confident local brands in the world's biggest market for cars.

03:43 Musk says Tesla's Optimus humanoid robots affected by China's export curbs on rare earths

Tesla CEO Elon Musk said on Tuesday that the production of its Optimus humanoid robots had been affected by China's export restrictions of rare earth magnets.

01:33 Tesla CEO Elon Musk dreams big but often delivers late

Tesla CEO and billionaire entrepreneur Elon Musk has a long history of making ambitious promises and often delivering late. Many of his biggest ideas are still in the works.

22:56 Tesla's first-quarter auto margin beats estimates, but revenue misses

Tesla reported better-than-expected profitability for its auto business in the first quarter but revenue fell short of expectations as sales of its electric vehicles dropped.

21:54 Democratic state treasurers raise concerns over Musk's lack of focus on Tesla

Treasurers of seven U.S. states have raised concerns about Tesla CEO Elon Musk's lack of focus on the electric vehicle maker, given its significance in regional industries, innovation and employment.

22/04 China's Nio delays Europe launch of Firefly EV to third quarter

China's Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region.

22/04 Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash

Elon Musk’s electric vehicle company Tesla has agreed to settle a wrongful death lawsuit filed by the estate of a man who was killed in 2021 after his Tesla crashed and caught fire near Dayton, Ohio.

21/04 China's CATL launches new sodium-ion battery brand

China's CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for electric cars.

21/04 At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla 'killers'

More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the world's premier market for electric vehicles and hybrids.

19/04 Wall St Week Ahead Busy US earnings week confronts market grappling with tariff fallout

A heavy slate of U.S. company results in the coming week will test a stock market shaken by a U.S. trade policy overhaul that upended the outlook for the global economy and corporate America.

18/04 Exclusive: Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say

Tesla's much-awaited plans for an affordable car include a stripped-down version of its best-selling electric SUV, the Model Y, that will be made in the United States, but the production launch has been delayed, three sources with knowledge of the matter told Reuters.

18/04 Tesla speeds up odometers to avoid warranty repairs, US lawsuit claims

Tesla faces a proposed class action claiming it speeds up odometers on its electric vehicles so they fall out of warranty faster, saving Elon Musk's company from having to pay for repairs.

16/04 Trump's trade war ripples through the business world, hits stocks again

The ripple effects of Donald Trump's global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies.

16/04 Tesla's quarterly EV registrations slump 15% in key market California

Tesla's electric-vehicle registrations in California dropped 15.1% during the first quarter, industry data showed, signaling an accelerated decline and growing challenges for the Elon Musk-led automaker in its biggest U.S. market.

16/04 Ferrari prepared for years for its first EV, chairman says

Ferrari has been preparing for years for electrification, starting with Formula One powertrains, as it nears the launch of its first fully electric (EV) model in October, Chairman John Elkann said on Wednesday.

16/04 Trump orders tariff probe on all US critical mineral imports

U.S. President Donald Trump on Tuesday ordered a probe into potential new tariffs on all U.S. critical minerals imports, a major escalation in his dispute with global trade partners and an attempt to directly rebuke industry leader China.

15/04 Canadian universities report jump in US applicants as Trump cuts funding

More students living in the United States are applying to Canadian universities or expressing interest in studying north of the border as U.S. President Donald Trump cuts federal funding to universities and revokes foreign student visas.

15/04 Exclusive: Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global automaker to alter manufacturing plans in response to new U.S. import tariffs.

12/04 Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February, for an undisclosed price.

12/04 Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure

A dozen former OpenAI employees filed a legal brief on Friday backing co-founder Elon Musk's lawsuit aimed at keeping the non-profit status of OpenAI, marking the latest development in the dispute over the future of the artificial intelligence firm.

11/04 Volvo Cars may take up to two years to expand US production to avoid tariffs, CEO tells daily DN

Sweden's Volvo Cars , which is controlled by Chinese auto maker Geely (GEELY.UL), will need up to two years to expand its U.S. car production in order to avoid hefty import tariffs, CEO Hakan Samuelsson told daily Dagens Nyheter (DN) on Friday.

11/04 GM to halt EV van production in Ontario to adjust for market demand

GM is temporarily halting production of its electric commercial van at its assembly plant in Ontario due to slow sales, the company and union representing workers there said.

11/04 Cybertrucks in the desert: Tesla launches in Saudi Arabia

Tesla launched operations in Saudi Arabia on Thursday, a sign that Chief Executive Elon Musk has patched up relations with the kingdom and that the oil capital was moving forward with an ambitious electric-vehicle policy.

10/04 Waymo to begin data collection in Tokyo with driver-operated test rides

Alphabet's self-driving unit Waymo said on Thursday it will start collecting data in Tokyo with test rides operated by human drivers next week, marking the first time the company will be using its cars on public roads outside the United States.

10/04 Trump tariff pause leaves CEOs asking: What happens in 90 days?

U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.

10/04 Intel CEO Lip-Bu Tan's wide-ranging investments in China

The following are some key investments and their connections to Chinese state entities Lip-Bu Tan has made through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies.

09/04 Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs

The "Magnificent Seven" stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions.

09/04 Trump tariffs anxiety: Individual investors flood advisers with calls but stay in the market

Individual investors have been working the phones for advice in the wake of U.S. President Donald Trump's sweeping tariff announcements which have sparked fears of a recession. Among the most nervous are those approaching retirement, as the market slide wreaks havoc with portfolios.

08/04 Breakingviews - Texas market bulls run into ferocious bear case

Everything keeps getting bigger in Texas. In a sign of anticipated corporate growth, the New York Stock Exchange and Nasdaq are galloping to Dallas to prevent a new local stock market from wrangling their customers. The city has ambitions of becoming a far more powerful commercial hub, but for now there’s less substance than swagger.

08/04 Saudi's Ma'aden weighs foreign partner for minerals processing pact

Saudi Arabia's flagship mining company Ma'aden is considering choosing at least one of four foreign firms to form a rare earths processing partnership, three sources with knowledge of the matter said, as the kingdom bids to become a global critical minerals hub.

07/04 Tariff storm ravages Magnificent Seven as Apple nears one-year low

The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President Donald Trump's global tariff war.

04/04 Automakers provide stable pricing for now, but warn of future hikes

Automakers are offering deals to anxious customers to ride a short-term surge in shopping, while also warning lawmakers that they will have to raise prices dramatically if tariffs remain in place for long.

04/04 Tesla investors brace for another year of sales decline as Musk backlash grows

CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him.

03/04 US tech, retail stocks lead rout after tariff shock

The global stock market carnage that followed U.S. President Donald Trump's sweeping new tariffs rippled through early trading in the United States, slamming a wide swath of key industries including retail and technology firms.

03/04 Trump's auto tariffs to cover $600 billion in imports, including laptop computers

U.S. President Donald Trump's 25% auto tariffs will cover nearly $600 billion worth of vehicles and auto parts imports annually and extend to all computer imports into the U.S. - including laptops - according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.

02/04 Musk will stay until he completes DOGE mission, White House says

The White House said on Wednesday that tech billionaire Elon Musk will stay on to complete his mission to slash government spending and downsize the federal workforce, dismissing media reports that he will leave the role soon.

02/04 Exclusive: India backs EV tariff cuts for Trump trade deal, defying autos lobby, sources say

India plans to lower import tariffs on electric cars, rejecting requests from local automakers to delay such cuts by four years, as New Delhi prioritises closing a trade deal with the United States, government and industry sources told Reuters.

02/04 Tesla set to report drop in Q1 deliveries on weak demand, Musk backlash

Wall Street is bracing for Tesla to report a drop in first-quarter vehicle deliveries on Wednesday, but analysts and investors cannot agree on how bad the decline would be.

02/04 Breakingviews - China's love of open-source AI may shut down fast

Following DeepSeek's release of its cutting-edge and free large language model early this year, Meta's chief artificial intelligence scientist Yann LeCun corrected those who surmised China is surpassing the United States in the technology. A correct reading, he said, is "open source models are surpassing proprietary ones". What's less clear, though, is how long China will flood the world with its

02/04 China to launch grid-connected car projects to balance power supply

China plans to launch pilot projects in nine cities that would use the country's growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according to a government announcement on Wednesday.

01/04 US first-quarter auto sales get a lift from looming Trump tariffs

U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise prices by thousands of dollars.

01/04 Tesla car sales in France, Sweden drop to lowest first-quarter in four years

Tesla's sales in France and Sweden fell year-on-year for a third consecutive month in March, contributing to the lowest first-quarterly sales figures in the two countries since 2021 for Elon Musk's electric car brand, data showed on Tuesday.

01/04 China's Xiaomi says it is cooperating with police after fatal EV accident

China's Xiaomi said on Tuesday that it was actively cooperating with police after a fatal accident involving a SU7 electric vehicle on March 29 and it had handed over driving and system data.

01/04 Breakingviews - Trump tariff liberation means endless complication

Donald Trump is calling it Liberation Day. The president claims prospective tariffs on trillions of dollars of U.S. imports, which he is preparing to reveal on Wednesday, will mark the moment that global trading partners stop taking advantage of the United States. In fact, the decision could kick off a series of retaliations and negotiations which will drag on for years. Trump’s devotion to using

31/03 Volvo goes back to car industry basics with surprise CEO switch

Volvo Car's abrupt decision to tap Hakan Samuelsson as its CEO puts the car industry veteran back in charge of steering the automaker through U.S. President Donald Trump's tariff turbulence and a wobbly transition to electric cars, analysts and investors said.

31/03 Northvolt bankruptcy trustee secures agreement for scaled-down operation

Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company to maintain a scaled-down continuation of operations.

31/03 Dude, where's my car? Toyota buyers face long waits amid hybrid boom

Soaring demand for Toyota's gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and months-long waits for car buyers, according to four people familiar with the situation.

31/03 Make Europe Great Again trades are gaining traction

A more independent, less U.S.-reliant Europe is taking shape and investors sense opportunities in a long-shunned region that go beyond just snapping up defence shares.

29/03 No longer 'poor but sexy?' Berlin's economic rise comes at a price

The Art House Tacheles used to be the epicentre of the alternative art and culture scene in Berlin, an impressive five-storey building in the heart of the capital dating back to 1908 and occupied by artists after the fall of the Berlin Wall.

28/03 China's Xi urges global CEOs to protect trade as Trump tariffs loom

China's President Xi Jinping urged a gathering of global CEOs on Friday to protect industrial and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese economy's health while Trump threatens further tariffs.

28/03 Toyota's global output rises for second month in February on solid Japan sales

Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from a certification scandal in its home market last year.

28/03 After years of survival, China's Huawei returns to revenue peak

China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode".

26/03 Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop

Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.

25/03 How companies are responding to Trump's tariffs

Corporate America is scrambling to implement countermeasures as U.S. President Donald Trump's latest tariffs on Chinese imports went into effect last week, while some levies on Canada and Mexico have been suspended.

25/03 Tesla's February market share in Europe drops despite EV pickup

Tesla's market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car maker dropped for a second consecutive month despite rising overall EV registrations on the continent.

24/03 First-quarter US earnings outlook looks less rosy with tariff worries in focus

Analysts are turning more cautious on U.S. corporate earnings for the first quarter of this year.

21/03 Elon Musk calls for prosecutions of Pentagon staff who leaked to the New York Times

Elon Musk said Pentagon staff who spoke to reporters at the New York Times should be prosecuted, after the newspaper reported the billionaire was due to be briefed about the U.S. military's plan for any war that might break out with China.

21/03 Trump denies Musk to be briefed on top-secret plan for potential war with China

U.S. President Donald Trump has denied a New York Times report that his close ally, billionaire Elon Musk, was due to be briefed by the Pentagon on Friday about the U.S. military's plan for any war that might break out with China.

21/03 Exclusive: Tesla trade-ins on pace for record high amid Musk backlash

Motorists have traded in a record number of Tesla electric vehicles this month, Edmunds data showed, amid a wave of protests against CEO Elon Musk's work as an adviser to U.S. President Donald Trump.

10/03 Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?

Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's electric-vehicle maker remains overpriced.

07/03 Nissan board to meet on March 11, discuss potential CEO successors, sources say

Nissan directors are due to gather on March 11 to discuss potential successors for CEO Makoto Uchida, whose position is seen as increasingly untenable given the Japanese automaker's weak performance, three people familiar with the matter said.

07/03 Who could be the next Nissan CEO after Uchida?

Nissan CEO Makoto Uchida is under deepening pressure over the Japanese automaker's weakening performance and board members are due to gather on March 11 to discuss potential successors, people familiar with the matter have said.

04/03 US autos, homebuilders, materials take hits as Trump trade war kicks off

Shares of U.S. companies have come under pressure from the latest escalation in Washington's trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials.

04/03 Musk rallies the far right in Europe. Tesla is paying the price.

For the past two months, tech billionaire Elon Musk has promoted Germany’s far-right party in at least two dozen posts on his X platform, interviewed its leader, and told his 219 million followers it was the country’s “only hope.”

04/03 Trump and TSMC announce $100 billion plan to build five new US factories

Taiwanese semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that would involve building five additional chips facilities in the country in coming years, its CEO announced with U.S. President Donald Trump on Monday.

03/03 Exclusive: Honda to produce next Civic in Indiana, not Mexico, due to US tariffs, sources say

While several automakers have expressed concerns about the levies, Honda's move is the first concrete measure by a major Japanese car company.

19/02 Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips

Trump has long railed against what he calls the unfair treatment of U.S. automotive exports in foreign markets.

25/01 Exclusive: FTC chairman says COVID is long over, get back to the office

The chairman of the Federal Trade Commission on Friday acknowledged staff anxiety over returning to full-time in the office at an agency where around 80% work from home most of the week, but said the COVID pandemic is long over and workers need to be at their desks.

24/01 BMW joins Chinese EV makers in filing EU court challenge to tariffs

BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union (CJEU) against EU tariffs on China-made electric vehicles (EVs), according to a filing on the court's website.

24/01 Wall St Week Ahead Fed's rate-cut view set to test resurgent US stocks rally

The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.

24/01 Rivian says other automakers 'knocking on door' about tech from VW joint venture

A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday.

24/01 Rivian to launch hands-free driving system in 2025, 'eyes-off' in 2026, CEO says

Electric-vehicle maker Rivian plans to launch its advanced hands-free driver assistance systems in 2025 and its "eyes-off" systems in 2026, CEO RJ Scaringe said on Thursday.

24/01 Breakingviews - How China can keep pace in the global AI race

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling U.S. sanctions. Late last month, Hangzhou-based startup DeepSeek added the latest technological surprise by claiming to have tra

23/01 Chinese EV makers file challenges to tariffs at EU court

Chinese electric vehicle makers BYD , Geely and SAIC have challenged the EU's import tariffs at the Court of Justice of the European Union (CJEU), filings on the court's website showed on Thursday.

23/01 Trump’s day-one flurry buries plenty: podcast

The new US president began his term with a rush of orders signaling an immigration crackdown, shifting energy policy and more. In this Viewsroom podcast, Breakingviews columnists debate how much will stick and why the trade barriers at the heart of his agenda are missing.

23/01 Breakingviews - Nissan-Honda deal faces big problems in China

If there's one thing executives at Honda Motor and Nissan Motor need to fix first when - and if - they merge, it's their China business. The Japanese duo's sales have been falling for years in the world's largest car market. Joining forces would allow them to cut costs, not least on the new electric vehicles they need to vie with dominant rivals like BYD . But it's a go-slow tie-up, and their join

22/01 GM recalls over 2,000 Chevrolet Equinox electric vehicles

The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control.

22/01 Saudi prince's investment firm would be keen on TikTok if Musk or others buy it, CEO says

Kingdom Holding already holds stakes in Musk's social media platform X and his artificial intelligence startup xAI.

22/01 Trump's EV rollback not expected to suppress appetite for critical minerals

U.S. President Donald Trump's rollback of electric vehicle targets may temporarily slow demand for lithium and other critical minerals, but is unlikely to hamper the mining industry amid surging global EV demand, analysts and industry leaders said.

21/01 Trump's first day in office gets mixed reception from US stocks

Tesla, prison operators and other notable "Trump trades" were volatile on Tuesday as investors assessed a blitz of executive orders by President Donald Trump within hours of taking the oath of office.

21/01 Stellantis Chair Elkann met Trump and top US officials in Washington

Stellantis Chairman John Elkann has spent four days in Washington meeting with incoming U.S. President Donald Trump and several top administration officials, two people familiar with the matter told Reuters on Tuesday.

21/01 Breakingviews - Xiaomi's rally will hit valuation potholes

There is no simple route to valuing China's Xiaomi . The company, best known for its smartphones and internet-connected rice cookers, air purifiers and other gadgets, began selling electric cars last year. That helped power its market capitalisation to a record high of $117 billion earlier this month. But a look under the hood suggests valuing Xiaomi's different parts can get messy.

21/01 Trump's inaugural brings the world's billionaire elites en masse to DC

The attendees at a U.S. presidential inauguration do not often resemble the annual gathering of the world's richest in Davos, Switzerland, which kicked off on Monday, but the parallels were hard to ignore as Donald Trump was sworn in as U.S. President.

21/01 European car sales up 0.9% in 2024, Renault overtakes Stellantis in Dec, ACEA says

New car sales in Europe were up by 0.9% in 2024, led by double-digit growth in hybrid car registrations, which exceeded petrol for a fourth consecutive month in December, industry data showed on Tuesday.

21/01 Trump revokes Biden 50% EV target, freezes unspent charging funds

U.S. President Donald Trump on Monday took aim at electric vehicles, revoking a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in the United States by 2030 were electric.

20/01 Trump creates "DOGE" advisory group, attracting instant lawsuits

U.S. President Donald Trump has officially announced the creation of an advisory group aimed at carrying out dramatic cuts to the U.S. government, attracting immediate lawsuits challenging its operations.

20/01 Trump's inauguration billionaires, CEOs: Ambani, Zuckerberg, Bezos attend church, ceremony

Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John's Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.

20/01 US upgrades probe into 129,000 Ford vehicles over hands-free tech

The U.S. National Highway Traffic Safety Administration said on Monday it is upgrading a probe into 129,222 Ford Motor vehicles over reports of collisions involving the company's hands-free driving technology, BlueCruise.

20/01 China's BYD to complete $1 billion Indonesia plant by year-end, executive says

China's top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, underscoring the firm's ambition to dominate in the market where Japanese automakers are popular.

20/01 Breakingviews - Davos becomes world’s most exclusive watch party

The Swiss town of Davos will this week host what amounts to an exclusive watch party for the season premiere of Donald Trump’s second term. The annual gathering of the World Economic Forum (WEF), held in the alpine resort each January, presents itself as a place where the world’s political, business, and financial leaders meet to solve big problems. This year, though, the 2,750 delegates will spen

17/01 What happens on Trump's Inauguration Day?

Donald Trump will be sworn in as president of the United States on Monday, ushering in his second term in office and capping one of the most astounding political comebacks in American history.

16/01 Polestar expects delayed profitability as EV demand weakens, competition intensifies

Polestar's new CEO said on Thursday it would take longer for the Swedish electric-vehicle maker to be profitable and delayed its expansion of sales to more countries.

16/01 Car plants in Europe, N. America face closures in 2025, Gartner says in report

Several European and North American car factories are at risk of being closed or sold this year as automobile brands struggle with overcapacity and price competition, research and advisory firm Gartner said in a report on Thursday.

16/01 Carmakers in India plan EV onslaught in 2025 despite slowing global demand

Automakers operating in India plan to launch close to a dozen new electric car models this year, many in the premium market, with longer driving ranges and faster charging times, to attract buyers as demand for EVs slows down globally.

15/01 US closes probe into GM Cruise self-driving vehicles over pedestrian risks

U.S. auto safety regulators on Wednesday closed a probe into whether General Motors’ self-driving unit Cruise robotaxis were taking sufficient precautions to safeguard pedestrians.

15/01 NHTSA closes probe on 313,101 Daimler US trucks over engine wiring concern

The National Highway Traffic Safety Administration said on Wednesday it has closed an investigation on Daimler Truck's 313,101 North American vehicles over an engine wiring concern.

15/01 GM signs supply deal with Vianode for synthetic graphite for EV batteries

General Motors has signed a multi-year, multi-billion dollar agreement for Norway's Vianode to provide the U.S. automaker with synthetic graphite anode materials for its electric vehicle batteries, the companies said on Wednesday.

15/01 Breakingviews - US engineers decisive split in global auto market

One of the last acts of President Joe Biden's administration is to engineer a split in the global auto market. On Tuesday, Washington imposed a ban on the sale and import of connected cars and related technology from China. Concerns over data security are compelling, even if the benefits for General Motors , Ford Motor and others of keeping out both competitors and suppliers remain debatable. That

14/01 Breakingviews - Wild TikTok dance adds clumsy Beijing shuffle-step

It’s only fitting that TikTok’s fate turn into a wild dance. As the U.S. Supreme Court weighs up the constitutionality of a proposed ban on the popular video app, Beijing has pirouetted into the possibility of letting ByteDance sell it to Elon Musk, the boss of Tesla and owner of social media site X. With so many stakeholders, however, it will take more than just two to tango.

14/01 Musk, Bezos and Zuckerberg to attend Trump's inauguration

Tech CEOs Elon Musk, Jeff Bezos and Mark Zuckerberg will attend U.S. President-elect Donald Trump's inauguration on Monday, according to a source familiar with planning for the event.

14/01 Biden administration finalizes US crackdown on Chinese vehicles

President Joe Biden's outgoing administration is finalizing rules on Tuesday that will effectively bar nearly all Chinese cars and trucks from the U.S. market, as part of a crackdown on vehicle software and hardware from China.

10/01 Tesla launches redesigned Model Y in China, seeking to fend off rivals

Tesla launched a new version of the Model Y, its best-selling car, in China on Friday, hoping that a redesigned exterior and upgraded features inside will help it regain market share taken by rivals such as Xiaomi .

10/01 Hyundai launches $18,000 EV in Japan to penetrate EV-wary market

South Korea's Hyundai Motor said on Friday it would introduce the cheapest compact electric car in Japan, to penetrate a market dominated by local giants with established petrol and hybrid vehicle technologies.

10/01 Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring, sources say

A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push OpenAI to auction a major stake in its business to decide fair value of its charitable asset during its corporate restructuring, sources familiar with the matter told Reuters on Thursday.

09/01 Italy's Meloni defends Musk's political comments amid Starlink talks

Italian Prime Minister Giorgia Meloni defended Elon Musk's growing involvement in politics on Thursday and said she had never discussed with him a potential deal to supply secure communications to Italy.

09/01 Musk to host German far-right leader on X, stirs angst about election meddling

Musk is becoming vocal in his support for far-right and anti-establishment parties across Europe.

09/01 China car sales maintain growth pace in 2024, EV and hybrid sales hit record

China's car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world's largest auto market hit a record high amid a brutal price war and with subsidised trade-ins for greener vehicles driving purchases.

09/01 Breakingviews - Altered states will rule in 2025: podcast

Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.

09/01 Trump's tariff threat spurs auto suppliers to rethink production plans

Global auto suppliers are working out how much of their production can be moved to the United States, or closer to it, as a defense against tariffs promised by President-elect Donald Trump, according to industry executives at CES in Las Vegas.

08/01 Northvolt owners vote to stay operating while seeking financial rescue

The owners of Northvolt voted to continue operations on Wednesday, the company said, while the Swedish electric vehicle battery maker scrambles to find new backers and funding in coming weeks.

08/01 Judge approves Tesla directors' deal to end excess pay case

Tesla directors including Chair Robyn Denholm and James Murdoch got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves.

08/01 Breakingviews - CATL’s $5 bln listing future-proofs enviable lead

The world's largest battery maker is determined to shore up its dominance. A planned Hong Kong listing for China's Contemporary Amperex Technology could raise up to $5 billion, according to IFR. The share sale would fund factories abroad. It would also insulate its war chest from global foreign exchange ructions.

08/01 Las Vegas Cybertruck suspect used ChatGPT to plan blast, police say

The suspected driver of the Tesla Cybertruck that exploded outside the Trump International Hotel in Las Vegas on New Year's Day used popular chatbot ChatGPT to plan the blast, officials told reporters on Tuesday.

08/01 How Washington's tag on China's CATL could affect Tesla

Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China.

07/01 Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rules

Automakers facing tougher EU 2025 emissions rules are planning to buy carbon credits from electric vehicle makers.

07/01 US self-driving car companies seek boost under Trump

A group representing self-driving car companies on Tuesday called on the U.S. government to do more to speed the deployment of autonomous vehicles and remove barriers to adoption.

07/01 US opens probe into about 2.6 mln Tesla vehicles over Actually Smart Summon feature

The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened a probe into about 2.6 million Tesla vehicles over issues related to the EV maker's feature dubbed "Actually Smart Summon".

07/01 Tesla supplier Panasonic Energy: cutting China supply 'No.1 objective' for U.S.

Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a "No.1 objective".

06/01 US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military

The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.

06/01 Musk offers secure services as Italy denies Mar-a-Lago SpaceX talks

Elon Musk said he was ready to provide Italy with secure communication services after Prime Minister Giorgia Meloni denied that the issue had come up during a weekend visit to the United States.

06/01 Breakingviews - Risk and resilience are the watchwords for 2025

As the world rings in 2025, try to imagine what it would have looked like in 2019 if a visitor from the future appeared with a warning about what was going to happen next.

06/01 Xpeng, Volkswagen to build ultra-fast charging network in China

China's Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday.

03/01 EV maker Rivian beats expectations for deliveries as supply snag eases

Rivian surpassed analysts' expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the electric vehicle maker aiming to turn its first profit.

02/01 Musk donated $108 million in Tesla shares to unnamed charities, filing shows

Tesla chief executive Elon Musk donated 268,000 Tesla shares to unnamed charities just before the new year, according to a regulatory filing on Tuesday.

02/01 Tesla posts first fall in annual deliveries as demand slows

Tesla's annual deliveries fell for the first time in 2024 despite the electric automaker handing over a record number of units in the fourth quarter, indicating tepid demand for its aging line-up of models.

02/01 Chinese electric vehicles gain market share in Norway

Chinese electric cars have surged to account for almost 10% of new car sales in Norway in only five years, data from the country's road federation (OFV) showed on Thursday.

02/01 As Musk gains influence, questions hover over US probes into his empire

Last month, in the waning days of the Biden administration, the SEC set a tight deadline of several days for demanding that Elon Musk pay a settlement or face civil charges relating to alleged securities violations during his $44 billion takeover of Twitter in 2022.

02/01 In Norway, nearly all new cars sold in 2024 were fully electric

Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025.

31/12 Breakingviews - Warnings and worries haunt best-read views of 2024

The past year was a buoyant one for markets. Yet even as share prices rose, our readers sought out columns exploring the risks of imploding stocks, regulatory shocks and Washington’s new status quo. Our best-read views of 2024 feature familiar faces and old obsessions, too.

31/12 Beijing unveils plans to boost driverless vehicle use in capital

China's capital Beijing passed new regulations on Tuesday to encourage autonomous driving technology in the city, with authorities planning to eventually allow driverless public buses and taxis.

30/12 Breakingviews - Art of the 2025 deal will be postBidenism

The man credited with writing “The Art of the Deal” is turning out to be more muse than creator. With his return to the White House, Donald Trump will help inspire a fresh wave of corporate mergers already primed by lower borrowing costs, surging stock markets, growing confidence and itchy buyout firms. Strategists at Morgan Stanley are predicting a roughly 50% pickup in M&A activity in 2025, doub

28/12 Elon Musk vows 'war' over H-1B visa program amid rift with some Trump supporters

Elon Musk, the billionaire CEO of Tesla and SpaceX, vowed to go to "war" to defend the H-1B visa program for foreign tech workers late on Friday amid a dispute between President-elect Donald Trump's longtime supporters and his most recently acquired backers from the tech industry.

28/12 What happens next to workers in 'slavery-like conditions' at BYD's site in Brazil?

Officials negotiate with BYD and the Jinjiang Group about further measures to protect the workers.

27/12 Ark's Cathie Wood calls for tax clarity as she rides 'Trump bump'

U.S. tech investor Cathie Wood is calling on Donald Trump's incoming administration to boost economic growth and policy certainty by backdating promised corporate and personal tax cuts to Jan. 1, 2025, she told Reuters.

26/12 Breakingviews - SpaceX will be a better $1 trln bet than Tesla

Rocket maker SpaceX’s internal $350 billion valuation makes it among the globe’s most valuable private startups. That’s still a fraction of the worth of boss Elon Musk’s electric-car company Tesla , which sports a $1 trillion market value. In 2025, though, it will become clear that terrestrial ambitions are no match for the stars.

26/12 BYD contractor denies 'slavery-like conditions' claims by Brazilian authorities

Jinjiang Group, a contractor for Chinese electric vehicle maker BYD , said on Thursday Brazilian authorities' portrayal of their employees as "enslaved" was inconsistent with the facts and that there were translation misunderstandings.

25/12 Toyota global production down for 10th month despite rising sales

Toyota Motor's global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its worldwide sales grew for the second consecutive month on solid demand in the United States and China.

24/12 Toyota is donating $1 million to Trump's inauguration

Toyota Motor of North America is donating $1 million to President-elect Donald Trump's Jan. 20 inauguration, a company spokesman said on Tuesday, a day after Detroit's Ford Motor and General Motors , said they would give the same amount.

24/12 China's CATL launches EV chassis, flagging safety as top selling point

China's CATL , the world's largest electric vehicle battery maker, on Tuesday launched a new EV chassis that it says can withstand a 120-kph (75-mph) frontal impact without catching fire or exploding, as it touts safety as a key selling point.

23/12 Toyota to build plant to produce EVs in China, Nikkei reports

Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday.

23/12 Breakingviews - Trump and Tesla will turbocharge self-driving race

In 2025, a competition to master assisted and autonomous driving will begin in earnest. Carmakers like Tesla are chasing a market that McKinsey reckons could be worth $400 billion by 2035. But the benefits may prove elusive.

23/12 Inflation, elections and war dominated 2024

Inflation dropped in most economies around the world in 2024, but voters didn’t care.

23/12 Honda, Nissan set to announce launch of integration talks, sources say

Honda and Nissan are expected on Monday to announce the start of business integration talks, two people familiar with the matter told Reuters, as the carmakers strive to survive a rapidly changing industry landscape.

22/12 China's Nio says new Firefly EV to go on sale in Europe in H1 2025

China's Nio on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would help the company overcome European Union tariffs.

20/12 Tesla recalls nearly 700,000 vehicles in US over tire pressure monitoring system issue

Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS).

20/12 Wall St Week Ahead Investors hope for 'Santa Claus' rally as stocks lose steam

With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end of 2024 offers some holiday cheer, but warn of potential headwinds.

20/12 Tesla's 2024 deliveries growth might hinge on Musk's unorthodox Cybertruck

Tesla is aiming to post slight growth in 2024 deliveries over last year with generous incentives across its EVs - but a lot depends on the success of the new Cybertruck pickup, which is showing signs of weakness, analysts said.

20/12 After Northvolt, Europe's battery hopes rely heavily on China

Northvolt's financial collapse has not entirely crushed Europe's dream of developing its own electric vehicle batteries but fulfilling it is likely to require Chinese cash and expertise.

19/12 European car sales fall in November, led by France and Italy, ACEA says

New car sales growth in Europe turned negative again in November, after showing a meagre growth in October, weighed by sharp declines in France and Italy, and a stagnation in Germany, industry data showed on Thursday.

19/12 Behind a potential Honda and Nissan tie-up, the existential threat posed by Chinese EVs

Some unions are born of necessity, others from convenience. In the case of Honda and Nissan's potential merger, it is mostly defensive as Chinese rivals take the world by storm.

18/12 CATL says it has co-developed 10 new EV models with swappable batteries

CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China.

18/12 How Nissan and Honda stack up against each other

Japanese carmakers Honda and Nissan are in talks to deepen ties, according to sources, including a possible merger, as challenges from Tesla and Chinese rivals urge a restructuring of Japan's auto industry.

18/12 Breakingviews - Nissan-Honda merger would be far from cure-all

If only M&A solved everything. Japan's Nissan Motor and Honda Motor certainly need help. The country's second- and third-largest automakers are in talks to set up a holding company, Reuters reported on Wednesday, citing a source. That may yet lead to a full merger and possibly include smaller rival Mitsubishi Motors , according to the Nikkei. Cost cuts would bolster margins at the trio, whose comb

18/12 Corporate America pledges donations for Trump's inauguration

Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.

17/12 Exclusive: Power failed at SpaceX mission control before September spacewalk by NASA nominee

The spacewalk was carried out by private astronauts including Jared Isaacman, a fellow billionaire and longtime Musk partner who is now nominated by President-elect Trump to be administrator of NASA.

17/12 Japan's Honda and Nissan to begin merger talks, Nikkei reports

Japanese auto giants Honda Motor and Nissan Motor will start negotiations to merge as they face growing competition from bigger global electric vehicle makers, the Nikkei newspaper reported on Tuesday.

17/12 Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

16/12 Exclusive: Trump transition team to roll back Biden EV, emissions policies

Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.

16/12 Breakingviews - OpenAI IPO would create the next hot meme stock

Artificial intelligence models require vast amounts of data. The companies that run them, like ChatGPT creator OpenAI, require vast amounts of cash. There’s a logical solution to the $157 billion group’s perpetual fundraising quest: the mother of all meme-stock initial public offerings in 2025.

13/12 Judge clears way for Musk appeal to try to restore $56 billion Tesla pay

A Delaware judge cleared the way on Friday for Elon Musk and Tesla to begin legal appeals to try to reinstate the chief executive's record-breaking $56 billion pay package from the electric carmaker.

13/12 US Supreme Court to hear dispute over California tailpipe emissions, EV standards

The U.S. Supreme Court agreed on Friday to hear a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a major case testing the Democratic-governed state's power to fight greenhouse gases.

13/12 Musk has until Monday to respond to SEC Twitter settlement, source says

The U.S. Securities and Exchange Commission has given Elon Musk until Monday to respond to an offer to resolve a probe into the billionaire's $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters.

13/12 Exclusive: Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.

13/12 SEC 'reopens' probe into Neuralink, Musk's lawyer says

The U.S. Securities and Exchange Commission (SEC) this week has reopened an investigation into Elon Musk's brain-chip startup Neuralink, according to a letter shared by Musk on Thursday on social media platform X.

13/12 Breakingviews - AI models’ slowdown spells end of gold rush era

Amid the many uncertainties in the artificial intelligence field, one thing has always seemed clear: bigger and more expensive systems produce better results. Hence the relentless fundraising of model developers like $157 billion OpenAI and the mammoth capital expenditures of Big Tech groups. Now, however, that kernel of certainty seems to be disintegrating. Having run out of novel data on which t

13/12 Elon Musk says SpaceX headquarters to be in Starbase, Texas

Elon Musk said on social media platform X on Thursday that the SpaceX headquarters will now officially be in the city of Starbase, Texas.

12/12 Elon Musk's net worth tops $400 billion, Forbes billionaires list shows

Tesla CEO Elon Musk's net worth crossed $400 billion on Thursday, the Forbes real-time billionaires list showed, boosted by a nearly 71% surge in the automaker's shares this year and the soaring valuation of his rocket company SpaceX.

12/12 Stellantis to align to ACEA proposals after rejoining lobby group

Stellantis decision to rejoin the European auto lobby ACEA means the carmaker will immediately align itself with the group's proposals, Stellantis' Europe Chief Jean-Philippe Imparato said on Thursday.

11/12 Stunning rally in Big Tech drives Nasdaq to 20,000

The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement over artificial intelligence and expectations of falling interest rates fueled a searing rally in technology stocks.

11/12 Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair

Alphabet led a Big Tech rally on Wednesday, with its stock hitting a record high after U.S. President-elect Donald Trump picked Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency.

11/12 Wall Street mostly upbeat on GM's decision to pull the plug on Cruise

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so was still a disappointing end for an operation that GM had touted as a potential $50 billion revenue generator by 2030.

11/12 Stocks cheered Trump's victory, but tariffs bring unknowns to 2025

The U.S. stock market welcomed Donald Trump's victory in the 2024 presidential election, but turbulence may lie ahead if the president-elect makes good on his tariff threats.

10/12 How the world could unplug from China’s batteries: podcast

International cell makers are struggling to compete with Chinese giants like CATL. But innovations like solid-state batteries could upend the industry in the not-too-distant future. In this week’s episode of The Big View podcast, QuantumScape CEO Siva Sivaram explains how.

10/12 Stellantis, China's CATL to invest $4.33 bln in EV battery factory in Spain

Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said in a statement on Tuesday.

09/12 Tesla aims to launch robotaxi with teleoperator backup, Deutsche Bank says

Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety, Deutsche Bank said in a note after a meeting with the company's head of investor relations.

09/12 BYD on track to top 2024 sales goal and outsell Ford, Honda

China's top electric vehicle producer BYD is set to show further market share gains when November vehicle sales data is released on Monday, putting it on course to exceed its annual goal and overtake Ford and Honda in global sales.

08/12 EV maker VinFast to build second production plant in Vietnam

Vietnamese electric vehicle (EV) manufacturer VinFast on Sunday announced a plan to build its second domestic production plant that will double its output capacity, saying it is needed to meet increased demand for its small and mid-sized models.

07/12 Boeing's top lobbyist departing planemaker, CEO says

Boeing's head of government affairs and top lobbyist is leaving effective immediately, the planemaker's CEO told employees in an email Friday.

06/12 Exclusive: Trump may cancel US Postal Service electric mail truck contract, sources say

Donald Trump's transition team is considering canceling the United States Postal Service's contracts to electrify its delivery fleet, as part of a broader suite of executive orders targeting electric vehicles, according to three sources familiar with the plans.

06/12 Musk spent over a quarter of a billion dollars to help elect Trump

Elon Musk spent over a quarter of a billion dollars to help Donald Trump win November's presidential election, according to new filings, underscoring the influence one of the world's wealthiest people had on this year's White House race.

05/12 Breakingviews - US market juggernaut poses top risk for 2025

Many large investors are approaching 2025 with a sense of nervous anticipation. That may seem surprising: the world economy has so far avoided a hard landing, while U.S. equities are on track to gain 20% or more for the second year running. President-elect Donald Trump’s impending return to the White House and lingering inflation concerns give money managers reason to fret. The biggest risk, howev

05/12 China automakers pivot to hybrids for Europe to counter EV tariffs

Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union's electric vehicle tariff scheme.

05/12 Breakingviews - Japan’s virtuous M&A circle starts with 7-Eleven

The battle for control of Japan’s Seven & i is being cheered in Tokyo as evidence of improving efficiencies of the world’s third-largest economy. Officials can hasten a virtuous circle of dealmaking if they make the right next moves.

05/12 Nissan boss Uchida races to save the automaker - and his job

In early October, Nissan Motor managers dialed in for a regular online meeting with boss Makoto Uchida only to hear a grim message: business was worse than expected and the Japanese car maker had to cut jobs and production.

04/12 Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say

Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, two people with knowledge of the matter told Reuters.

04/12 Stellantis denies report about picking Apple's Maestri as new CEO

French-Italian car maker Stellantis on Wednesday denied a report in Corriere della Sera daily that it planned to name outgoing Apple finance chief Luca Maestri as its new chief executive.

03/12 Why GM could suffer under Trump policies to ‘save’ Detroit automakers

It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency standards would be a boon to General Motors , America’s leading purveyor of full-sized trucks and SUVs and its biggest tailpipe polluter.

02/12 Tavares clashed with Stellantis board over revival plan, sources say

Outgoing CEO Carlos Tavares clashed with Stellantis' board over his plans to quickly turn around the ailing U.S. business by cutting costs, rather than focusing on long-term strategy, investors and bankers familiar with the matter said on Monday.

02/12 Europe's embattled auto sector plans plant closures and layoffs

Auto companies are struggling with weak demand, high production costs and competition from Chinese rivals.

02/12 Seeking higher margins, Stellantis CEO Tavares lost some core customers

When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz, Spain, including Stellantis' Fiat and Peugeot.

02/12 Stellantis CEO did not confirm Maserati EV plans, union says

Stellantis CEO Carlos Tavares has failed to confirm previously announced electrification plans for Maserati, Italian trade unionists said after meeting him on Tuesday, adding to concern about the loss-making luxury brand.

30/11 World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.

30/11 Baidu's Apollo autonomous vehicles granted licence to test in Hong Kong

China's Baidu has received the licence to test autonomous vehicles with its Apollo robotaxi service in Hong Kong as it expands its footprint outside Chinese mainland.

30/11 JPMorgan agrees to drop lawsuit against Tesla over stock warrants

U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of "flagrantly" breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank.

29/11 Breakingviews - Nissan and Honda would drive better together

It's time for Toyota Motor's two biggest domestic rivals to deal with their problems by joining forces. Nissan Motor's woes are the more obvious: poor results prompted the $9 billion manufacturer into an emergency overhaul this month. But $40 billion Honda Motor's autos unit is subpar, too. Welding them together would give scope to cut costs, charge earnings and invest more efficiently and effecti

29/11 India to expand EV manufacturing incentives after Tesla disappointment, source says

India plans to expand electric vehicle incentives to automakers building models at existing factories in the country, instead of limiting the benefits to automakers willing to build new plants, a person with direct knowledge of the matter said.

28/11 World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.

28/11 Nissan October production down globally except in Mexico, but Trump tariff threat looms

Nissan Motor said on Thursday its global production fell for a fifth straight month in October, led by downshifts at most of its manufacturing hubs except for Mexico.

28/11 Toyota's global output declines for ninth straight month in October

Toyota Motor's global output dropped for a ninth consecutive month in October, dragged lower by big falls in production in the United States and China but the decline was mild compared to previous months.

28/11 China's state media praise some U.S. firms amid fears of a new trade war

China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese newspapers during Donald Trump's first presidency.

27/11 Exclusive: China's Hesai to halve lidar prices next year, sees wide adoption in electric cars

China's Hesai Group , the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to far wider adoption of the technology in electric cars.

26/11 Investors say they know how to trade Trump 2.0

Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the U.S. President-elect took to social media and pledged new tariffs on Mexico, Canada and China.

26/11 Rivian gets $6.6 bln conditional loan approval to build Georgia EV plant

Rivian said on Monday it has received conditional approval for a loan of up to $6.6 billion from the U.S. Department of Energy to build the electric vehicle maker's production facility in Georgia.

26/11 Trump's tariff pledge spells trouble for auto and tech companies

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.

25/11 Tesla would likely be excluded from California state EV tax proposal

Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax credit for EV purchases, Governor Gavin Newsom's office said on Monday.

25/11 EU not close to deal with China on EV tariffs, officials say

European Union and Chinese officials are discussing alternatives to European tariffs on Chinese electric vehicles (EV), including minimum prices at which such cars could be sold in Europe, but no solution is imminent, European officials said on Monday.

25/11 Exclusive: Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.

25/11 Breakingviews - Nvidia’s next move is to hit the road

When Nvidia posted third-quarter earnings on Wednesday, all eyes were on the $3.5 trillion chipmaker’s data center unit. Boosted by ravenous demand from the likes of Microsoft or Meta Platforms , who stuff its graphics processors into server farms training artificial intelligence, the segment accounted for nearly 90% of the company’s $35 billion of revenue. At a mere 1% of revenue, Nvidia’s automo

24/11 Explainer: COP29 - How does $300 billion stack up?

Countries agreed at the U.N.'s COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

23/11 Goldman funds to take $900 million hit on Northvolt, FT reports

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain's Financial Times reported on Saturday.

22/11 Tesla must face part of 'phantom braking' lawsuit, US judge rules

Elon Musk’s electric vehicle maker Tesla failed to persuade a U.S. judge to throw out a consumer lawsuit accusing it of failing to warn buyers about an alleged defect that can cause the cars to brake automatically when there is no actual collision risk.

22/11 Northvolt crisis may be make or break for Europe's EV battery ambitions

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.

22/11 Companies invest in EV battery factories in Europe

Northvolt, the Swedish maker of battery cells for electric vehicles, on Thursday filed for Chapter 11 bankruptcy protection in the U.S., in a blow to European hopes of building a home-grown EV battery industry to compete with China.

22/11 Northvolt CEO steps down after company files for bankruptcy

Northvolt's CEO Peter Carlsson is stepping down, the Swedish maker of battery cells for electric vehicles said on Friday, one day after the group filed for U.S. Chapter 11 bankruptcy protection.

22/11 European companies cut jobs as economy sputters

Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs.

22/11 Automakers urge Trump to preserve EV tax credits, boost self-driving cars

A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars.

22/11 Northvolt goes from Europe battery promise to crisis

Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.

22/11 Canada will not offer additional funding to Northvolt, government source says

Canada does not plan to invest anymore in Swedish electric-vehicle battery maker Northvolt in light of its bankruptcy filing in the United States on Thursday, a Canadian government source said.

21/11 Northvolt files for Chapter 11 bankruptcy in US, secures financing

Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., and said it has secured $100 million in new financing for the process.

21/11 Gautam Adani, indicted in US, is a controversial first-generation Indian tycoon

Indian billionaire Gautam Adani, indicted in New York over a $265 million bribery scheme, is a first-generation tycoon whose phenomenal rise has been accompanied by a series of damaging controversies at home and abroad.

21/11 Honda hopes to double EV driving range with solid-state batteries, R&D chief says

Honda Motor aims to double the driving range of its electric cars by the late 2020s when they start to adopt all-solid-state batteries, a new type of power source under development, the head of its research unit said on Wednesday.

21/11 Hyundai unveils big electric SUV in fast-growing market

Hyundai Motor unveiled its first three-row electric SUV on Wednesday, pushing into a market for big family cars that global automakers hope will one day be a profit powerhouse.

20/11 Wall Street ends mixed, Nvidia shares slip after the bell

The tech-heavy Nasdaq closed lower on Wednesday, taking a break from the prior session's rally as investors worried about escalating Russia-Ukraine tensions and weak results from Target, while awaiting earnings from megacap Nvidia that landed after the bell.

20/11 Musk, Ramaswamy plan to lean on Supreme Court rulings to reduce federal agencies reach

Elon Musk's government efficiency panel said in a Wall Street Journal opinion story on Wednesday that they will apply recent Supreme Court rulings that can be used to take power away from federal agencies to reduce rules the panel finds unnecessary, costly and inefficient.

20/11 Breakingviews - India takes EV goal on lengthy hybrid detour

Electric cars in India are losing momentum. Prime Minister Narendra Modi’s government wants battery-powered vehicles to account for 30% of the country’s new car sales by 2030 – dubbed the EV30@30 initiative. But its policy map for getting there has added a lengthy hybrid detour.

20/11 Stellantis unveils technology to support flexible EV production, delays Ram electric pickup

Stellantis said on Tuesday it will deploy a new vehicle system that will support assembly of gasoline, hybrid and electric models, but in a sign of how turbulent the electric-vehicle transition is, the automaker also delayed production of Ram electric pickup trucks.

19/11 Tesla plant protesters hold out in trees as German police clear camp

Protesters opposed to Tesla's expansion of its plant near Berlin were holding out in treehouses on Tuesday as German police climbed up ladders and cut down rope structures in an attempt to clear their forested camp.

19/11 Walmart, other US companies raise concerns over proposed Trump tariffs

Corporate executives were taking a wait-and-see approach to President-elect Donald Trump's vow to impose heavy tariffs on imports when he takes office in January, but many have raised concerns about the effect such levies will have on inflation.

19/11 Sweden has no plan to take stake in Northvolt, deputy PM says

The Swedish government does not plan to take a stake in battery maker Northvolt, Sweden's Minister for Energy, Business and Industry and Deputy Prime Minister Ebba Busch told Reuters on Tuesday.

19/11 South Korea authorities launch probe after three die in Hyundai car test

South Korean authorities launched an investigation on Tuesday after three workers died during a car test at a Hyundai Motor plant in the South Korean city of Ulsan, police said.

19/11 Trump may be planning to attend SpaceX launch in Texas

President-elect Donald Trump may be planning to attend a SpaceX rocket launch in person in Texas on Tuesday, another sign of his close ties with the company's billionaire founder and CEO Elon Musk.

18/11 Xiaomi raises EV deliveries goal again on surging demand

China's Xiaomi Corp said on Monday it aimed to deliver 130,000 electric vehicles this year, raising its forecast for the third time as the automaker upstart posted a 30.5% jump in third-quarter revenue.

18/11 Tesla gains on report Trump's team planning federal self-driving vehicle regulations

Tesla shares rose nearly 7% in trading before the bell on Monday after Bloomberg News reported that President-elect Donald Trump's transition team was planning to set up federal regulations for autonomous vehicles.

18/11 Exclusive: Crisis-hit EV battery champion Northvolt struggles to hit production targets

Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documents and company sources, underscoring the challenge of ramping up output.

16/11 Trump's transportation chief prospects include former Uber exec, congress members

The Trump transition team is considering a former Uber executive and three current or former Republican congressmen - one of whom is now a Fox News host - to lead the U.S. Department of Transportation, eight sources familiar with the matter told Reuters.

15/11 Musk's political ascendancy stirs hopes of redemption for X banks

The billionaire's Trump ties has some Wall Street banks are hoping they may soon be able to offload $13 billion of debt that backed his purchase of social media platform X, sources say

15/11 In Amazon, SpaceX cases, US labor board's power is on the line

A U.S. labor board whose enforcement powers are being challenged in a series of lawsuits is set to defend itself from attacks by Elon Musk's SpaceX and Amazon.com in a conservative U.S. appeals court, as the agency also braces for a potential overhaul under President-elect Donald Trump.

15/11 Lawsuit claiming Elon Musk rigged dogecoin ends

A lawsuit accusing Elon Musk of rigging dogecoin is ending.

14/11 GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says

General Motors will recall 77,824 vehicles as incorrect software in the transmission control module could cause the vehicle to move in an unintended direction, increasing the risk of a crash, the U.S. auto safety regulator said on Thursday.

14/11 Trump victory could ease regulatory path for Musk’s robotaxi, but hurdles remain

As Tesla’s electric-vehicle sales have flattened this year, CEO Elon Musk has increasingly staked the company’s future on his vision for self-driving robotaxis, despite the massive technological and regulatory obstacles in delivering them.

14/11 Kia sees near-term market challenges but sticks to 1.6 mln annual EV sales target by 2030

South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but will stick to its target of selling 1.6 million electric vehicles annually by 2030, a senior executive said.

14/11 Tesla recalls 2,400 Cybertrucks, 6th callback for the pickups this year

Tesla said on Wednesday it was recalling 2,400 Cybertruck pickups in the U.S. because a faulty part could lead to a loss of power and increase the risk of a crash, in its sixth callback of Cybertrucks this year.

13/11 GM to recall more than 461,000 vehicles over transmission issues, NHTSA says

General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday.

13/11 China's CATL pushes beyond batteries into power grids, EV platforms

Robin Zeng, the billionaire founder of CATL , aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth.

12/11 Rivian, Volkswagen Group launch $5.8 billion joint venture

Rivian and Volkswagen Group launched on Tuesday the joint venture they had announced in June, valued at $5.8 billion, to share software and electric vehicle architecture.

12/11 Meta to offer less personalized ads in Europe to appease regulators

Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.

12/11 Record-breaking bitcoin rally nears $90,000 on Trump boost

Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly.

11/11 Breakingviews - COP29 will highlight bifurcated energy transitions

“I’m not going to Baku, and very few of my peers are either”. So said a senior figure at an influential European asset manager, in a chat last month with Breakingviews. Throw in the election of climate change sceptic Donald Trump as U.S. president, and the United Nations’ 29th Conference of the Parties climate change summit in Azerbaijan’s capital sounds like a non-event. Yet, while the fight agai