Eni is investing in carbon capture and storage businesses as part of its drive to be carbon neutral by 2050. MILAN: Italian energy group Eni said it had signed a total of 19 agreements with companies to capture and store their carbon emissions as part of its HyNet North West project in the UK. Eni… Continue reading Eni signs deals with 19 companies for carbon storage in UK project
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Great Wall aims to increase sales in Thailand with low-priced EVs
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Toyota, Ford halt output as Canada, U.S. warn on trucker protests
WINDSOR/OTTAWA/WASHINGTON (Reuters) — Ford and Toyota on Wednesday both said they were halting some production as anti-coronavirus mandate protesters blocked U.S-Canada border crossings that have prompted warnings from Washington and Ottawa of economic damage. Many pandemic-weary Western countries will soon mark two years of restrictions as copycat protests spread to Australia, New Zealand and France… Continue reading Toyota, Ford halt output as Canada, U.S. warn on trucker protests
Canadian trucker protests force carmakers to curb operations
A cross-border view on trade Journalists in 50+ countries explore developments in global commerce from every perspective. For Premium subscribers, we offer our dedicated ‘FT Free Trade’ newsletter every Tuesday and Thursday. Go to Source
Aston Martin hypercars will take longer than expected to build, says chair
Complexity in producing high-performance Valkyrie model masks progress in wider business, insists Stroll Go to Source
RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France
PRESS RELEASE Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacturea new-generation automotive electric motor in France Paris, February 10, 2022 – Renault Group, Valeo and Valeo Siemens eAutomotive announce that they have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France… Continue reading RENAULT GROUP: Renault Group, Valeo and Valeo Siemens eAutomotive join forces to develop and manufacture a new-generation automotive electric motor in France
World NM: Automotive industry sounds alarm over expansion of e-charging stations001723
Germany has fallen far behind its targets for expanding e-car infrastructure and will likely miss its 2030 e-mobility target. Germany, France and the Netherlands together account for 70% of the charging stations, even though the three countries have only a third of the EU’s population. Instead of 60 kilometres, the VDA calls for charging stations… Continue reading World NM: Automotive industry sounds alarm over expansion of e-charging stations001723
Tesla recalling ‘Boombox’ feature that obscures pedestrian warning noise
Tesla announced a recall of about 579,000 vehicles that have the novelty “Boombox” external music software feature (via Bloomberg). The company plans to remedy the issue by removing the Boombox function via an over-the-air software update, the National Highway Traffic Administration said. The recall affects all 2020–2022 Tesla Model S, X, and Y vehicles and… Continue reading Tesla recalling ‘Boombox’ feature that obscures pedestrian warning noise
Freedom Convoy: Canada trucker protests force car plant shutdowns
Truckers blocking the most important border crossing, the Ambassador Bridge, waved Canadian flags and banners denouncing Prime Minister Justin Trudeau, who has refused to scrap a rule requiring truckers entering Canada to be fully immunised against coronavirus. Go to Source
U.S. to detail USD 5 billion plan to fund EV charging network
By 2030, Biden wants 50% of all new vehicles sold to be electric or plug-in hybrid electric models and 500,000 new EV charging stations; he has not endorsed phasing out new gasoline-powered vehicle sales by 2030. The Biden administration on Thursday plans to detail how it will award nearly $5 billion over five years to… Continue reading U.S. to detail USD 5 billion plan to fund EV charging network