Keyword "RATI:ELECTRIC-BATTERY" - List of latest news (1 066 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.

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.

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.

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.

17/04 India's BluSmart, rival of Uber, suspends operations after co-founder probed

Indian electric cab service BluSmart, seen as a rival to Uber, suspended services on Thursday, days after a market regulator's investigation found a co-founder misused funds at an affiliate company and bought a luxury apartment with money allocated for electric vehicles.

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 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 China expands access for Spanish pork as trade tensions with US mount

China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijing and the U.S.

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.

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.

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 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 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 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.

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.

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.

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.

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.

04/03 Exclusive: US and Ukraine prepare to sign minerals deal on Tuesday, sources say

Trump has told his advisers that he wants to announce the agreement in his address to Congress tonight, sources say, cautioning that the deal had yet to be signed and the situation could change.

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.

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 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.

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 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 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 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 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 Some Asian car and battery makers hit as Trump gets to work

Shares of Japanese automakers and South Korean battery makers declined on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration's executive order on electric vehicles.

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 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.

17/01 Trump's pick to lead EPA says agency authorized, not required to regulate CO2

U.S. President-elect Donald Trump's pick to lead the Environmental Protection Agency on Thursday said he believes climate change is real and a threat but that the agency he is poised to oversee is just authorized, not required, to regulate carbon dioxide emissions.

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 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

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.

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 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 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.

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 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 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 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 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.

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.

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 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 Battery maker Northvolt makes progress toward longer-term bankruptcy financing

Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential investors.

20/12 Explainer: Trump aims at Biden's Inflation Reduction Act: EVs, clean energy and manufacturing

President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.

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

17/12 Here's what we know about Trump's planned executive orders so far

U.S. President-elect Donald Trump plans to issue a flurry of executive orders and directives on his first day in office on Jan. 20, to put his stamp on his new presidency on everything from immigration to energy.

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.

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 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.

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 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.

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.

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.

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 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 Vatican unveils Pope Francis' new popemobile, an all-electric Mercedes

The Vatican on Wednesday unveiled a new open-top popemobile, an all-electric Mercedes-Benz that Pope Francis will use when he greets pilgrims in St. Peter's Square.

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.

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.

03/12 After decades, China sputters as engine of global oil demand growth

China's crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world's top crude buyer, ending the country's decades-long run as the dominant driver of expanding oil consumption.

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 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 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.

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.

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.

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 China's Xi visits Morocco, meets with crown prince

Chinese President Xi Jinping made a short visit to Morocco on Thursday, according to state media from both countries.

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 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 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 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 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.

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 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.

15/11 Hyundai Motor picks first foreign CEO in reshuffle as it braces for Trump

Hyundai Motor named Jose Munoz, current U.S. chief and global chief operating officer, as co-chief executive officer on Friday, marking a rare appointment of a foreign national to a CEO post at a major South Korean conglomerate.

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.

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.

13/11 Exclusive: China battery giant CATL would build US plant if Trump allows it

CATL , the world's top battery maker, will consider building a U.S. plant if President-elect Donald Trump opens the door to Chinese investment in the electric-vehicle supply chain, the company's founder and chairman, Robin Zeng, told Reuters.

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.

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

11/11 Exclusive: Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

Stellantis and its Chinese partner Leapmotor have scrapped a plan to make a second electric vehicle model at the European automaker's plant in Poland, two people with knowledge of the matter told Reuters. The joint venture is instead considering using a Stellantis factory in Eisenach, Germany that produces Opel models and its Trnava plant in Slovakia as alternative production sites for the B10 ele

10/11 China, Indonesia enhance ties with key deals on lithium, green energy, tourism

China and Indonesia have agreed to strengthen cooperation in key sectors, including lithium, new energy vehicles, green energy and tourism, according to a joint statement released on Saturday.

08/11 Senegal's urban cycling trend offers chance to boost green transport

Doctor Philip Moreira's commute to hospital on an electric bicycle is a dangerous, smog-infused weave through the chaotic traffic of Senegal's capital Dakar.

08/11 Ready or not? How China scrambled to counter the second Trump shock

After Donald Trump first stormed the White House eight years ago, rattled Chinese leaders responded to his tariffs and fiery rhetoric with force, resulting in a trade war that plunged ties between the globe's largest economies to multiyear lows.

07/11 Rivian sticks to gross profit target despite part supply disruption

Rivian stuck to its forecast of achieving gross profit in the fourth quarter even as it reported its first drop in quarterly revenue hurt in part by shortage of a component.

07/11 Exclusive: Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump's arrival

The U.S. Department of Energy on Thursday finalized a $475 million loan for Li-Cycle Holdings , giving the metals recycler a financial lifeline to build a New York battery processing facility seen as key to outgoing President Joe Biden's vision for a domestic electric vehicle supply chain.

07/11 Automakers brace for new tariffs, EV changes under Trump presidency

Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other countries and to reverse many existing pro-electric vehicle policies, industry associations and executives said.

06/11 How Musk's clout with Trump could enrich his companies

Elon Musk’s backing of Donald Trump’s decisive victory for a second presidency puts the billionaire entrepreneur in an extraordinary position of influence to help his companies secure favorable government treatment.

06/11 Tesla investors lose bid for new US trial over Musk's 2018 tweets

A U.S. appeals court on Wednesday upheld a jury's verdict clearing Tesla CEO Elon Musk and his company of liability over allegations they misled investors when the billionaire posted on social media in 2018 that he had "funding secured" to take the electric car company private.

06/11 What would Trump 2.0 mean for trade, migrants, climate change and electric cars?

A Donald Trump presidential election victory would have huge implications for U.S. trade policy, climate change, the war in Ukraine, electric vehicles, Americans' taxes and illegal immigration.

05/11 Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers

When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network.

05/11 China's messy EV dispute with Europe keeps trade tensions in check

Fears of a widening tariff war between China and other major exporting nations are keeping diplomacy between the world's second-largest economy and the European Union alive, even as trade talks over electric vehicles stall.

04/11 US agency closes probe into 411,000 Ford vehicles due to loss of power

The National Highway Traffic Safety Administration said on Monday it has closed a probe into 411,000 Ford SUVs and pickup trucks over a potentially defective engine that could lose power without warning.

04/11 Trump's tariffs would reorder trade flows, raise costs, draw retaliation

Iowa farmer Bob Hemesath is worried that U.S. agriculture will pay dearly if Donald Trump wins Tuesday's presidential election and makes good on a vow to swiftly impose a 60% tariff on Chinese goods and at least a 10% levy on all other imports.

04/11 Tesla's Oct China-made EV sales fall 5.3% y/y

U.S. automaker Tesla sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.

04/11 China urges palatable EV trade solution from EU as France defends bloc

China has urged France to push the European Commission towards a solution acceptable to both the European and Chinese electric vehicle industries, while France said the bloc would not yield on key matters as it pushes to overturn a tariff on brandy.

04/11 China's Nio plans to sell its first hybrid car overseas only, sources say

Chinese electric vehicle maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets, including the Middle East, North Africa and Europe, according to two people with knowledge of the matter.

31/10 Ford to halt production of F-150 Lightning EV pickup trucks for six weeks

Ford Motor will halt production of its F-150 Lightning electric vehicle pickup trucks for six weeks from Nov. 18 to Jan. 6, the Dearborn automaker said on Thursday.

31/10 Breakingviews - BYD's outpacing of Tesla has only just begun

One electric-vehicle challenge Elon Musk saw coming in his rear-view mirror has just edged past him. On Wednesday, BYD , clocked quarterly sales that handily beat Tesla . The next worry is that his Chinese rival will keep pulling further ahead.

29/10 EU slaps tariffs on Chinese EVs, risking Beijing payback

The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3% at the end of its highest profile investigation that has divided Europe and prompted retaliation from Beijing.

29/10 Xiaomi chief touts Nurburgring record ahead of EV launch

A prototype Chinese electric vehicle has set a record lap time at Germany's grueling Nurburgring track, its maker Xiaomi said on Tuesday just hours before a company event expected to reveal the production model of the car.

29/10 Apple supplier TDK partners with McLaren Racing in EV push

Apple supplier TDK has partnered with McLaren Racing in Formula E electric motor racing as the Japanese components manufacturer targets expansion in the electric vehicle sector.

28/10 Automaker Ford beats on quarterly profit but weakens outlook

Ford Motor beat Wall Street's expectations for third-quarter earnings on Monday, but said it expects to meet just the lower end of its full-year guidance for earnings before interest and taxes.

28/10 Italy to cut automotive industry support by around $5 billion

Italian Prime Minister Giorgia Meloni plans to cut by some 4.6 billion euros ($5 billion) the funds set aside to support the country's automotive industry between 2025 and 2030, the text of next year's budget showed, triggering widespread criticism.

28/10 China again warns EU against separate talks with EV makers

China renewed warnings to the European Union that if the bloc conducts separate negotiations with electric vehicle companies while in talks with China, that would "shake mutual trust" and interfere with the overall negotiations, Chinese commerce ministry said on Monday.

28/10 Musk's bold 2025 prediction on Tesla sales faces skepticism, scrutiny

Tesla CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30% next year, buoyed by a new, cheaper model and enthusiasm for self-driving software, but delivering on that promise would surprise much of Wall Street.

25/10 VW's Scout Motors unit will offer EV SUVs, trucks with gas engine option

Volkswagen's Scout Motors unit on Thursday unveiled its concept electric SUV and truck and said it will offer extended-range versions that include a small gasoline engine.

24/10 Breakingviews - Tesla gives its faithful just enough good news

Tesla has been short on results and long on promises lately. Boss Elon Musk has yet to produce a cheap car for the masses. Market share and profitability have shrunk. Even its supposed bet-the-company project, the Cybercab robotic taxi, left investors cold. That makes Wednesday’s expectations-beating third-quarter results a refreshing, if slight, change, and offers a reed of hope for the Tesla fai

24/10 Renault beats Q3 forecasts as new launches lift sales

Renault reported an unexpected rise in third-quarter revenue on Thursday, lifting its shares as demand for pricier new models such as Symbioz and Duster SUV hybrids helped the French automaker cope with a weak market.

24/10 Tesla allays investor fears with crucial EV growth forecast, shares jump

Tesla's stock shot up nearly 12% in pre-market trade on Thursday, a day after it forecast surging car sales growth, reassuring investors that CEO Elon Musk was still looking to expand the company's core business of selling electric vehicles.

24/10 Renault reports 1.8% rise in Q3 sales

French carmaker Renault reported an unexpected rise in quarterly revenues on Thursday, as strong demand for its pricier new models helped it offset lower total volumes.

24/10 Hyundai Motor's Q3 operating profit falls 7%; misses analysts' estimates

Hyundai Motor Co on Thursday reported a 7% fall in third-quarter operating profit, hurt by warranty costs for its Santa Fe SUVs and as a global slowdown in car demand weighed.

24/10 Stellantis to launch fleet of EVs fitted with Factorial solid-state batteries

Carmaker Stellantis will launch by 2026 a demonstration fleet of vehicles fitted with solid-state batteries from U.S. startup Factorial, the two companies said on Wednesday.

23/10 Tesla expects slight growth in 2024 vehicle deliveries, shares jump

Tesla said on Wednesday it expects to achieve slight growth in vehicle deliveries this year and reported a higher-than-expected profit margin for the third quarter as raw material costs fell, sending shares up 7% after hours.

23/10 Volvo Cars cuts full-year growth outlook on market slowdown

Sweden-based Volvo Cars reported a rise in third-quarter operating profit on Wednesday but cut its full-year sales growth forecast amid accelerating market weakness.

23/10 Focus: China's exporters run for cover as US election nears

If Donald Trump wins next month's U.S. presidential election, Mike Sagan's toy-making company will halve its China supply chain within a year.

22/10 GM results exceed Wall Street targets; company is upbeat on full-year earnings

General Motors continued to defy Wall Street's expectations this year, posting third-quarter results ahead of analyst projections on the back of steady gasoline-engine truck and SUV sales and a focus on keeping inventories lean.

21/10 GM, Ford brace for investor scrutiny over pricing power, EV losses

General Motors and Ford Motor will likely have a tough time convincing investors when they report results that Detroit's pricing power for gasoline cars is still strong and losses from their EV ventures are dwindling.

21/10 Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

Company cars make up around 60% of new car sales in Europe.

11/09 Exclusive: Thailand's EV makers seek to renegotiate govt incentives as sales slow

As sales of electric vehicles miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.

10/09 Mercedes teams up with Factorial to develop solid-state batteries

Mercedes-Benz and U.S. battery startup Factorial are working on a solid-state battery that should dramatically increase electric vehicle range and be ready for production by the end of the decade, the companies said on Tuesday.

10/09 China proposes negotiations with EU to resolve electric vehicle tariff dispute

China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.

10/09 EU to trim proposed tariffs on Tesla, other EVs from China

The European Union will lower proposed final tariffs on Tesla and slightly trim rates for other electric vehicles from China after taking into account submissions by the companies, a source familiar with the matter said on Tuesday.

10/09 South Korea antitrust regulator probes Mercedes-Benz local unit, says official

South Korea's antitrust regulator has launched a probe into the local unit of Mercedes-Benz, an official at the Korea Fair Trade Commission (KFTC) said on Tuesday, without elaborating.

10/09 China auto suppliers and EV makers flood major trade fair in Germany

Nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at a trade fair in Frankfurt as the country's car sector defies looming trading barriers to expand its global footprint and counter eroding profitability at home.

09/09 Hybrid cars throw lifeline to platinum metals

A surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals (PGMs) in the coming years, similar to the extended lifespan now predicted for coal.

08/09 Musk's xAI in talks for share in future Tesla revenue, WSJ reports

Elon Musk's AI startup xAI has held talks for a share in future Tesla revenue in return for giving Musk's electric vehicle maker access to xAI's technology and resources, the Wall Street Journal reported on Saturday.

07/09 Renault CEO says sector could face billions in fines as EV sales slow

Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Luca de Meo said on Saturday.

06/09 Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says

Up to 50% of all vehicles bought in Pakistan by 2030 will be electrified in some form in line with global targets, BYD Pakistan, a partnership between China's BYD and Pakistani car group Mega Motors, said.

06/09 How would Trump seek to dismantle Biden’s climate legacy?

Presidential hopeful Donald Trump has laid out an energy policy platform centered around maximizing U.S. fuel and power output, in part by dismantling the Biden administration’s centerpiece efforts to fight climate change.

06/09 Breakingviews - China’s global battery ram will be hard to stop

China’s electric cars have zoomed into a new era of battery-powered driving. Now models such as BYD’s Seal and Great Wall Motor’s Funky Cat face an international backlash. The U.S. is quadrupling duties on imports of electric vehicles from the People’s Republic to more than 100%, while the European Union is lifting total tariffs close to 50% for some marques. The Chinese-made batteries that power

05/09 Madrid to ban e-scooters for reckless driving and chaotic parking

Madrid will ban e-scooters rented through mobile apps after the city's three licensed operators failed to implement limits on their clients' circulation or control their parking, Mayor Jose Luis Martinez-Almeida said in a statement.

05/09 BMW plans to bring its first hydrogen car onto the market from 2028

BMW aims to bring its first hydrogen-powered vehicle onto the market in 2028, using fuel cell technology developed with Toyota Motor Corp , the German carmaker said on Thursday.

05/09 Piedmont Lithium pulls US government loan application as prices slump

Piedmont Lithium has pulled its application for a debt package from a popular U.S. government loan program and is scaling back ambitious expansion plans across two continents, as tumbling prices of the electric vehicle battery metal force the U.S. miner to conserve cash.

05/09 Volvo Cars looks to Nvidia-powered software, 'megacastings' for future EVs

Volvo Cars will use a single software system backed by powerful chips from Nvidia for all future models and will rely on "megacastings" to cut costs for electric cars, the company said on Thursday.

05/09 Focus: BYD's global expansion push runs into stiff Japan test

BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming to boost sales in a market that has become a stumbling block in the Chinese automaker's global expansion.

05/09 GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil

General Motors said on Wednesday that it would begin producing its first-ever hybrid-flex vehicles that can run on 100% ethanol or gasoline alongside their batteries in Brazil.

04/09 Volvo Cars scales back electric vehicle ambition

Swedish automaker Volvo Cars said on Wednesday it had abandoned is ambition of selling only fully electric cars in 2030, and would instead allow plug-in vehicles as well as some hybrid engine cars as part of its lineup.

03/09 Exclusive: Volkswagen's CUPRA 'at risk' from planned EU tariffs, says brand CEO

An electric vehicle made in China by Volkswagen's CUPRA brand would be "wiped out" if the European Commission followed through with planned import tariffs of 21.3% on the vehicle, the brand's CEO told Reuters.

03/09 Volvo Trucks to launch electric truck with 600 km range

Sweden's Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 miles) on a single charge, its truckmaking arm said on Tuesday.

03/09 Exclusive: Tesla plans six-seat Model Y, production slated for 2025 in China, sources say

Tesla plans to produce a six-seat variant of its Model Y car in China from late 2025, two people with direct knowledge of the matter said, as the U.S. automaker strives to increase the appeal of its best-selling yet aging electric vehicle (EV).

03/09 China to start anti-dumping probe into canola imports from Canada

China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, sending prices of domestic rapeseed oil futures to a one-month peak.

02/09 Tesla's China-made EV sales in August up 3% yr/yr

Sales of U.S. automaker Tesla's China-made electric vehicles grew 3% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.

01/09 China to pitch green tech exports to African leaders as Western curbs loom

China will urge a summit of 50 African nations in Beijing this week to take more of its goods, before Western curbs kick in on its exports such as electric vehicles and solar panels, in exchange for more pledges of loans and investment.

29/08 Wary of Trump, US minerals projects rush to close government loans

U.S. miners and battery recyclers are rushing to close government loans worth billions of dollars before January out of concern that former President Donald Trump would, if reelected, block funding needed to boost American output of critical minerals for the energy transition.

29/08 Toyota global output falls for 6th straight month in July

Toyota Motor said on Thursday its global production slipped for a sixth straight month in July, hurt by declines in markets such as China and Thailand, though the fall was smaller than the previous month's double-digit drop.

29/08 Hyundai plots India SUV rollout as domestic competition mounts ahead of IPO

Hyundai Motor, long the most successful foreign automaker on Indian roads, is hoping to regain market share from increasingly formidable domestic rivals by launching a series of new SUVs as it gears up for a $3 billion public listing in the country.

29/08 EU new car sales flat in July as battery-electric slumps, industry body ACEA says

New car sales in the European Union rose 0.2% in July, slowed by declines in France and Germany, while battery-electric vehicles continued to lose market share, data from Europe's auto industry body showed on Thursday.

29/08 Exclusive: Tesla asked Canada for lower tariff on China-made EVs, government source says

Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on its autos, a Canadian government source said on Wednesday.

28/08 Swedish EV maker Polestar appoints Michael Lohscheller as CEO

Polestar said on Wednesday it will replace current CEO Thomas Ingenlath with a former boss of Opel and EV startups, the latest senior management change at a challenging time for the loss-making electric vehicle (EV) maker and the automotive industry.

28/08 Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup

Hyundai Motor said on Wednesday it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double its hybrid lineup to counter a slowdown in global electric vehicle demand.

27/08 US awards $521 million in grants to boost EV charging network

The Biden administration said Tuesday it is awarding $521 million in grants to build out electric vehicle charging and deploying more than 9,200 EV charging ports.

27/08 China's BYD to use Huawei's advanced autonomous driving system in off-road EVs

Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei (HWT.UL) to use the Chinese tech conglomerate's advanced autonomous driving system in its off-road Fangchengbao EVs, Huawei said on Tuesday.

26/08 Canada, following US lead, to impose 100% tariff on Chinese EVs

Canada, following the lead of the United States, on Monday said it would impose a 100% tariff on the import of Chinese electric vehicles and also announced a 25% tariff on imported steel and aluminum from China.

26/08 US industry seeks easing of steep Biden-Harris China tariff hikes

The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry gets its way, many of the planned duties would be softened.

26/08 Fire at Rivian's Illinois plant damages multiple EVs, no injuries reported

A fire broke out at a parking lot at Rivian Automotive’s manufacturing facility in Normal, Illinois late on Saturday damaging many of its electric vehicles, the U.S. startup said on Sunday.

25/08 South Korea to advance EV battery certification scheme after fires

South Korea's government and ruling party have agreed to move up an electric vehicle battery certification programme, the party said on Sunday, as authorities seek to alleviate public safety concerns after a series of fires involving EVs.

22/08 US transport safety board opens investigation into Tesla crash in California

The U.S. National Transportation Safety Board has opened an investigation into a crash and fire involving a Tesla electric semi-truck on a California highway, the agency said late Wednesday.

21/08 Ford changes EV plans, will delay pickup truck, axe three-row SUV

Ford Motor is reshuffling its electric vehicle plans, killing its three-row SUV and delaying its next-generation pickup while adding a new pickup and van to its future lineup as it adjusts to slower-than-expected EV growth.

21/08 China opens anti-subsidy probe into European dairy imports

China has opened an anti-subsidy investigation into imported dairy products from the European Union, a step that appears mainly aimed at Ireland and in response to the bloc's curbs on its electric vehicle exports.

21/08 Stellantis CEO to visit US to create plan to reverse lagging profit, source says

Stellantis CEO Carlos Tavares will visit Detroit this week, where he will seek to develop a strategy to fix the European automaker's struggling North American operations and reassure employees and investors, a person familiar with the plans said.

21/08 China auto body says EU draft on tariffs for Chinese EVs brings 'enormous risks'

The China Association of Automobile Manufacturers (CAAM) said it firmly opposes a revised draft from the European Union on punitive tariffs for Chinese made electric vehicles, Chinese state broadcaster CCTV reported on Wednesday.

21/08 EV startup Rivian's production chief joins Stellantis

Rivian's head of manufacturing is leaving the electric vehicle startup to join Stellantis at a time when the maker of Jeep SUVs and Ram pickups is preparing to launch a number of battery powered cars.

20/08 Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says

Uber Technologies has hired former Tesla executive Rebecca Tinucci to oversee the ride-hailing platform's shift to electric vehicles, according to an internal memo seen by Reuters on Tuesday.

20/08 EU slashes planned tariff on Tesla's China-made EVs to 9%

The European Commission cut on Tuesday its proposed tariff on imports of Tesla cars built in China, and said some Chinese firms in joint ventures with EU automakers may receive lower planned punitive duties on Chinese-made electric vehicles.

20/08 Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser

Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending a $7,500 tax credit for electric-vehicle purchases and that he would be open to naming Tesla CEO Elon Musk to a cabinet or advisory role.

17/08 China's BYD plans car plant in Karachi as part of Pakistan entry

Chinese electric vehicle giant BYD (002594.SZ) on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through a partnership with Mega Motors.

16/08 Stellantis shareholders sue automaker in US after disappointing earnings

Stellantis has been sued by shareholders in the United States who said the European-American automaker defrauded them by concealing rising inventories and other weakness, before posting disappointing earnings that caused its stock price to fall.

16/08 BMW, venture to recall 1.36 mln cars in China due to airbag risks, regulator says

German automaker BMW and its joint venture will recall a combined 1.36 million locally produced and imported cars in China due to potential risks with the Takata airbag, China's market regulator said on Friday.

16/08 India's Ola Electric soars to $7 bln valuation on e-motorcycle launch, battery plan

India's top e-scooter maker Ola Electric Mobility surged 20% on Friday to reach a valuation of 586.64 billion rupees ($6.99 billion), after it launched a new line of motorcycles and on bets it will lower costs by using its own batteries.

15/08 South Korean alarm over EV fires puts spotlight on safety concerns

South Korea is urging automakers operating in the country to disclose the manufacturer of batteries used in electric vehicles as authorities try to calm fears over fires involving EVs, after a recent blaze in an underground parking lot that took eight hours to put out.

15/08 Toyota bets big on hybrid-only models as EV demand slows

Toyota may be one of the slowest legacy automakers to develop electric vehicles but it could be the first to jettison cars powered only by gasoline.

13/08 Ford, Mazda advise against driving certain models over Takata airbag concerns

Ford Motor and Mazda issued advisories to drivers of certain vehicles still affected by faulty Takata airbags and inflators that can cause potentially severe or fatal injuries.

13/08 South Korea to advise automakers to disclose battery information in EVs

South Korea will advise automakers operating in the country to identify batteries used in their electric vehicles, a government statement said on Tuesday, as authorities seek to calm public safety concerns after a series of fires involving EVs.

13/08 Leasing model behind Europe's EV drive at risk of breakdown

Low resale values for electric cars have pushed the leasing firms that drive Europe's auto market to double prices over the last three years and some are threatening to quit the business altogether if regulators force them to go electric too fast, industry executives say.

12/08 Vietnam plans electricity subsidies for EV charging stations

Vietnam is planning to subsidise electricity prices for electric vehicle (EV) charging stations, as part of its efforts to promote the use of EVs and meet its energy transition commitments.

12/08 South Korea holds emergency meeting as EV fires stir consumer fear

South Korean officials met on Monday to discuss electric vehicle safety and whether to require car firms to disclose battery brands amid growing consumer concern after an EV blaze in an underground garage extensively damaged an apartment block.

08/08 BMW to recall over 100,000 US vehicles over starter motor concern

BMW is recalling 105,558 crossovers and sedans in the U.S. and will issue a software update to fix concerns related to a starter motor that can overheat, the National Highway Traffic Safety Administration said on Thursday.

08/08 China auto market hits milestone as EVs, hybrids make up half of July sales

Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world's biggest auto market has leapt ahead of Western counterparts in EV adoption.

08/08 UAW chief criticizes Trump ties to Musk while campaigning for Harris

United Auto Workers President Shawn Fain on Wednesday criticized Republican presidential candidate Donald Trump's ties to billionaire Elon Musk while campaigning for Democratic Vice President Kamala Harris.

06/08 Rivian sticks to production forecast, posts second-quarter margin below estimates

Rivian Automotive maintained its production forecast for the year on Tuesday and said it lost more per electric car delivered than analysts had expected as cost-cuts are yet to take effect.

04/08 Musk-backed PAC under investigation for potential violations of Michigan laws

A political action committee backed by billionaire Elon Musk is under investigation in Michigan for possible violations of state laws, a spokesperson for the Michigan secretary of state's office said in a statement on Sunday.