Volkswagen to invest in mines in bid to become global…

Posted by March 17, 2023

BERLIN, March 17 (Reuters) - Volkswagen (VOWG_p.DE) plans to invest in mines to bring down the cost of battery cells, meet half of its own demand and sell to th

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China battery giant CATL’s $5 bln Swiss listing delayed amid…

Posted by March 14, 2023

HONG KONG, March 14 (Reuters) - Chinese battery giant CATL's plan to raise at least $5 billion in Swiss global depository receipts (GDR) has been delayed as Bei

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Xi adds oversight risk to China EV battery growth plans

Posted by March 10, 2023

President Xi cautions on EV battery capacity expansionCATL faces complaints about market dominanceIndustry at risk of overcapacityChina, US could push back agai

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Column: The ironic side effects of the rapid global energy…

Posted by March 10, 2023

LITTLETON, Colorado, March 9 (Reuters) - There's a consensus among some climate advocates that catastrophic global environmental damage can only be avoided by a

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Stocks, dollar power higher on ‘slow and steady’ rate hopes

Posted by March 2, 2023

Wall Street stocks reverse, add to Wednesday's gainsEurope ticks up despite sticky inflation numbersTreasury yields hit 16-week high, dollar gainsU.S. jobless c

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Volkswagen under fire over Xinjiang plant after China chief visit

Posted by February 28, 2023

Volkswagen China chief toured Xinjiang plant on Feb 16-17No indication of forced labour on visit - China chiefCompany notes 'more repressive approach' in region

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Nissan raises global EV targets; to increase U.S. localisation

Posted by February 27, 2023

TOKYO, Feb 27 (Reuters) - Nissan Motor Co Ltd (7201.T) on Monday raised its electrified car sales goals and said it will increase power train production in the

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Jaguar Land Rover opens three European self-driving tech hubs

Posted by February 21, 2023

LONDON, Feb 21 (Reuters) - Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in Europe to develop autonomous vehicle te

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China’s CATL offers EV battery discounts in China -sources

Posted by February 17, 2023

SHANGHAI, Feb 17 (Reuters) - China's CATL (300750.SZ), the world's largest battery maker, has offered discounts to some Chinese automakers it supplies, reflecti

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Ford to cut one in nine jobs in Europe in…

Posted by February 14, 2023

Ford to cut around 2,300 jobs in GermanyAround 1,300, or one in five, UK jobs to goElectric cars require less labour, Ford saysTech development concentrated in

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