Focus: Startups with electric vans race to fill demand for zero-emissions delivery

Show more companies LONDON/LOS ANGELES, Sept 18 (Reuters) – A clutch of European and U.S. delivery company startups is racing to serve the growing market for offering zero-emission, electric last-mile deliveries in cities to retailers and consumers before giant shippers do the same. The likes of Germany’s Liefergrun, the UK’s Zedify and Packfleet, and New… Continue reading Focus: Startups with electric vans race to fill demand for zero-emissions delivery

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Workers are seen at the production line of lithium-ion batteries for electric vehicles (EV) at a factory in Huzhou, Zhejiang province, China August 28, 2018. REUTERS/Stringer Acquire Licensing Rights MADRID, Sept 17 (Reuters) – The European Union could become as dependent on China for lithium-ion batteries and fuel cells by 2030 as it was on… Continue reading Untitled

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Fourth Paradigm (also known as 4Paradigm) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights SYDNEY, Sept 18 (Reuters) – Three Chinese firms, led by AI software company Beijing Fourth Paradigm, are aiming to raise up to $280 million in Hong Kong… Continue reading Untitled

Erdogan asks Musk to build Tesla factory in Turkey

Elon Musk gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights Sept 17 (Reuters) – Turkish President Recep Tayyip Erdogan asked Tesla (TSLA.O) CEO Elon Musk to build a Tesla factory in… Continue reading Erdogan asks Musk to build Tesla factory in Turkey

UAW strike could buy GM time to address nagging EV issues

[1/2]U.S. Energy Secretary Jennifer Granholm views an electric Cadillac LYRIQ 450E on a visit to the Washington Auto Show in Washington, U.S. January 25, 2023. REUTERS/Jonathan Ernst/File Photo Acquire Licensing Rights DETROIT, Sept 17 (Reuters) – General Motors (GM.N) is at greater risk than rivals Ford Motor (F.N) and Stellantis (STLAM.MI) of disruption to electric… Continue reading UAW strike could buy GM time to address nagging EV issues

Bank of Montreal to close retail auto finance business, flags job losses

A Bank of Montreal (BMO) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo Acquire Licensing Rights TORONTO, Sept 17 (Reuters) – Bank of Montreal (BMO) (BMO.TO) is winding down its retail auto finance business and shifting focus to other areas in a move that will result… Continue reading Bank of Montreal to close retail auto finance business, flags job losses

US auto workers strike against Detroit Three enters third day

Sept 17 (Reuters) – The United Auto Workers strike against the Detroit Three automakers is set to enter its third day Sunday with no immediate resolution on the horizon. On Saturday, negotiators for the United Auto Workers and Ford Motor had “reasonably productive discussions” toward a new contract, the union said, while Chrysler-parent Stellantis said… Continue reading US auto workers strike against Detroit Three enters third day

Striking Ford workers in Michigan revile two-tier wage system

[1/3]United Auto Workers union President Shawn Fain joins UAW members who are on a strike, on the picket line at the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 15, 2023. REUTERS/Rebecca Cook Acquire Licensing Rights WAYNE, Michigan, Sept 15 (Reuters) – Striking auto workers converged on a Ford (F.N) assembly plant on the… Continue reading Striking Ford workers in Michigan revile two-tier wage system

UAW, automakers resume labor talks; Stellantis hikes wage offer

[1/4]Striking United Auto Workers walk the picket line outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S. September 15, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing Rights Sept 16 (Reuters) – Talks between the United Auto Workers and the Detroit Three automakers resumed on Saturday, a day after the union began its first simultaneous strikes… Continue reading UAW, automakers resume labor talks; Stellantis hikes wage offer