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Automotive
BMW urges Britain to accelerate the development of hydrogen-powered cars
BMW's senior executive has warned that the UK must support a network hydrogen filling stations, or it will lose out in the race to greener vehicles against the Continent and Asia.
Jurgen Guldner is the manager of hydrogen technology for…
Lucid scores a much-needed win with Aston Martin EV order
Aston Martin Lagonda Holdings plc, and Lucid Group Inc. have a lot to boast about when it comes to their plan to merge.
Aston Martin Chairman Lawrence Stroll said Monday that he should be knighted "for what I have done." This was hours…
A Trade Ally tries to keep both doors open as the West battles China
In just half an hour's drive, the journey south from Tangier's ancient city spans decades' worth of economic progress. It winds through hills where sheepherders tend to their flocks and then descends into a valley, which is home to Africa’s…
Lookers is snapped up by Canadian competitor in a blow to London Stock Exchange
After 50 years of being listed on the London Stock Exchange, a Canadian competitor has taken Lookers private. This is the latest hit to the City's share market.
The company announced that it had negotiated a cash-only deal with Alpha…
Italy removes Sinochem as Pirelli’s biggest investor
In response to concerns about Chinese interference, Italy stripped Sinochem's influence as the largest shareholder of Pirelli. It removed its right to nominate the CEO or to set the strategy for the tyremaker.
The government of Giorgia…
AutoTrader is a leader in the booming used-car market
AutoTrader is seeing an increase in the number of people selling their cars to make some extra money during this time of cost-of-living crisis.
Autotrader estimates that the shortage of computer chip is preventing car manufacturers from…
Elon Musk suggests new Tesla gigafactory to be built in England
Elon Musk pledged that he would seriously consider England as a location for a Tesla megafactory. This comes at a time when the electric vehicle maker is ramping up production around the globe.
The billionaire announced on Tuesday that…
Ford secures lithium supplies in bid to secure EV batteries
Ford announced that it needed to close a $ 7 billion cost gap to compete with its competitors.
The carmaker is working with Albemarle, SQM and three developers to provide the white metal that is a crucial material for EV batteries.…
Rishi Sunak: UK talks with EU about carmakers’ concerns regarding Brexit
Rishi Sunak, the UK's Minister for Transport and Infrastructure, has confirmed that the UK is currently in discussions with the EU about Brexit rules which could increase the price of some electric vehicles. This comes after the powerful…
Tesla faces a bumpy 12 month road
Elon Musk warned shareholders last night that a tough year for the global economy could disrupt Tesla. He urged them to ignore the stock exchange.
Tesla's boss, Elon Musk, told the annual Tesla meeting in Texas that "this is going to be…
What’s at stake in the EU/UK battery deal
The warning from Stellantis, that Britain's trading rules with the EU could threaten the viability its electric van factory at Ellesmere Port, has opened one of the most complex headaches in the auto industry: the rules of origin.…
Stellantis warns that factory closures will occur if Brexit is not renegotiated
Stellantis, a carmaker, has warned that it could be forced to shut its Ellesmere port factory if ministers fail to renegotiate an important part of the UK’s Brexit deal with EU.
The company stated that electric vans manufactured at the…
Thousands of electric car chargers pulled from UK roads after energy price surge
The cost of energy has risen so high that it is no longer feasible to provide free chargers for electric cars.
The number of chargers that offer free electricity has dropped from 5,715 last year to 3,568 this year, almost 40%.
In…
Bill Gates bids for Rolls-Royce Mini-Nukes Project
Bill Gates wants to compete with Rolls-Royce , which is battling to win a government contract.
TerraPower in Seattle, founded by Microsoft billionaire Bill Gates, has said that it is considering putting its hat in the ring to win…
Bentley’s chief executive’s ‘concerns’ about UK’s inability to attract…
Bentley's chief executive has said that the UK's inability to attract investment from large battery manufacturers or electric vehicle startups is "concerning".
The government must address energy costs in order to attract investment and…