12.25 EDT Closing summary Time to recap… A fire at an electrical substation which led to the closure of Heathrow Airport last week is no longer being treated as a “potentially criminal matter”. The Metropolitan Police said: Following enquiries to date, officers have found no evidence to suggest that the incident was suspicious in nature. As… Continue reading Lower Thames Crossing approval welcomed (and criticised); Heathrow Airport fire ‘not criminal matter’, police say – business live
Author: The Guardian Online News
Coalition may rethink rules that push car-makers to create cheaper EVs and hybrids for Australians
Shadow transport minister Bridget McKenzie says Labor’s vehicle emission standard, which was designed to encourage carmakers to release more green vehicles in Australia, ‘discriminates unfairly against everyday Australians’. Photograph: Mark Baker/AP View image in fullscreen Shadow transport minister Bridget McKenzie says Labor’s vehicle emission standard, which was designed to encourage carmakers to release more green… Continue reading Coalition may rethink rules that push car-makers to create cheaper EVs and hybrids for Australians
Hyundai announces $21bn US investment as Trump tariffs loom
Hyundai executive chair and CEO Chung Eui-sun speaks in the White House at a meeting with Donald Trump. Photograph: Samuel Corum/EPA View image in fullscreen Hyundai executive chair and CEO Chung Eui-sun speaks in the White House at a meeting with Donald Trump. Photograph: Samuel Corum/EPA Hyundai announces $21bn US investment as Trump tariffs loom… Continue reading Hyundai announces $21bn US investment as Trump tariffs loom
Tesla’s Europe sales drop nearly 45% amid row over Musk’s Trump links
The Tesla factory in Berlin Brandenburg, Germany. There has been evidence of a consumer backlash in Europe because of Elon Musk’s political activities. Photograph: Patrick Pleul/AP View image in fullscreen The Tesla factory in Berlin Brandenburg, Germany. There has been evidence of a consumer backlash in Europe because of Elon Musk’s political activities. Photograph: Patrick… Continue reading Tesla’s Europe sales drop nearly 45% amid row over Musk’s Trump links
Tesla stock falls after Trump official urges Americans to ‘invest in Elon Musk’
People protest outside a Tesla facility in Arizona on 15 March 2025. Photograph: Eduardo Barraza/ZUMA Press Wire/REX/Shutterstock View image in fullscreen People protest outside a Tesla facility in Arizona on 15 March 2025. Photograph: Eduardo Barraza/ZUMA Press Wire/REX/Shutterstock Tesla stock falls after Trump official urges Americans to ‘invest in Elon Musk’ Commerce secretary Howard Lutnick’s… Continue reading Tesla stock falls after Trump official urges Americans to ‘invest in Elon Musk’
Bentley could pass costs of US tariffs to buyers after fall in Chinese demand
The US president last month said that tariffs of up to 25% on cars will force manufacturers to shift production to America. Photograph: Bentley/PA View image in fullscreen The US president last month said that tariffs of up to 25% on cars will force manufacturers to shift production to America. Photograph: Bentley/PA Bentley could pass… Continue reading Bentley could pass costs of US tariffs to buyers after fall in Chinese demand
Chinese EV maker BYD says fast-charging system could be as quick as filling up a tank
BYD’s shares reached a record high in Hong Kong on Tuesday. Photograph: Gareth Fuller/PA View image in fullscreen BYD’s shares reached a record high in Hong Kong on Tuesday. Photograph: Gareth Fuller/PA Chinese EV maker BYD says fast-charging system could be as quick as filling up a tank BYD unveils platform with charging power of… Continue reading Chinese EV maker BYD says fast-charging system could be as quick as filling up a tank
What is EV maker BYD and can its batteries really charge in five minutes?
BYD’s electric vehicle factory in Rayong, Thailand. The company is the world’s biggest manufacturer of battery electric and plug-in hybrid electric cars that combine a battery and a petrol engine. Photograph: Chalinee Thirasupa/Reuters View image in fullscreen BYD’s electric vehicle factory in Rayong, Thailand. The company is the world’s biggest manufacturer of battery electric and… Continue reading What is EV maker BYD and can its batteries really charge in five minutes?
The danger of Australia’s obsession with big cars – podcast
The danger of Australia’s obsession with big cars – Full Story podcast 00:00:0000:00:00 The demand for oversized cars in Australia is surging, with SUVs and utes increasingly becoming the family and commuter car of choice. And while they are seen as the safer choice, experts say they may be making our roads deadlier. Transport and… Continue reading The danger of Australia’s obsession with big cars – podcast
Car finance firm Close Brothers slumps to loss after taking £165m hit
Close Brothers said that since the FCA announced its review of motor finance commissions it had experienced a further increase in inquiries and complaints. Photograph: Findlay/Alamy View image in fullscreen Close Brothers said that since the FCA announced its review of motor finance commissions it had experienced a further increase in inquiries and complaints. Photograph:… Continue reading Car finance firm Close Brothers slumps to loss after taking £165m hit