Volvo shares jump 26% on higher sales, plans to stop Polestar funding

A Volvo C40 Recharge electric SUV is on display during the Volvo “A New Era of Volvo Cars” press conference at The Shilla Seoul on March 14, 2023 in Seoul, South Korea. Han Myung-gu | Wireimage | Getty Images Volvo Cars shares surged more than 26% on Thursday after the Swedish automaker announced it will… Continue reading Volvo shares jump 26% on higher sales, plans to stop Polestar funding

Elon Musk says Tesla will hold a shareholder vote to incorporate in Texas after Delaware pay snub

SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland. Omar Marques | Getty Images Elon Musk said late Wednesday that Tesla will hold a shareholder vote on whether to transfer the electric car… Continue reading Elon Musk says Tesla will hold a shareholder vote to incorporate in Texas after Delaware pay snub

Tesla sued by 25 California counties over hazardous waste handling

An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images Electric vehicle maker Tesla was sued by district attorneys representing 25 counties in California over the company’s alleged improper handling of hazardous waste materials at facilities throughout the state. Although Tesla is now headquartered in… Continue reading Tesla sued by 25 California counties over hazardous waste handling

Jaguar XE

The XE’s lineup of four-cylinder ‘Ingenium’ engines certainly don’t give it the lusty, enticing mechanical charm that Jaguar’s traditional big saloons of so many decades ago had; but they do deliver reasonably refined, flexible and economical motoring in the case of the diesels, and a that bit more urgency if you opt for the range-topping petrol.… Continue reading Jaguar XE

What Lewis Hamilton moving to Ferrari means for F1

An irrepressible and likable character, Vasseur has made a strong start to leading Ferrari out of its latest era of underachievement. The project remains a work in progress – but the operational errors of previous years were fewer in number last year. Vasseur has been a unifying presence. But from Ferrari’s side, why does it… Continue reading What Lewis Hamilton moving to Ferrari means for F1

New 2023 Ford Mustang goes on sale as UK’s cheapest V8

The Mustang GT’s V8 produces 439bhp and 398lb ft – 29bhp and 7lb ft more than before. A full suite of performance figures has not yet been released, but the engine was previously tipped to launch from 0-62mph in around 4.0sec and top out at more than 170mph. Strong visual cues have been adopted to differentiate the… Continue reading New 2023 Ford Mustang goes on sale as UK’s cheapest V8

What is direct air capture and how does it work?

In the battle to reduce global CO2 emissions, the emphasis has so far been on making less of it, but a few automotive companies are looking at ways to remove the gas directly from the atmosphere as well. A process called direct air capture (DAC) uses chemical filters to absorb CO2 from air passed through… Continue reading What is direct air capture and how does it work?

Budget 2024: E-bus adoption encouraged via payment security mechanism

In the interim budget today, Finance Minister Nirmala Sitharaman stated that greater adoption of e-buses for public transport networks would be encouraged through a payment security mechanism.  “Our Government will expand and strengthen the e-vehicle ecosystem by supporting manufacturing and charging infrastructure. Greater adoption of e-buses for public transport networks will be encouraged through payment security… Continue reading Budget 2024: E-bus adoption encouraged via payment security mechanism

Budget 2024: E-bus adoption encouraged via payment security mechanism

In the interim budget today, Finance Minister Nirmala Sitharaman stated that greater adoption of e-buses for public transport networks would be encouraged through a payment security mechanism.  “Our Government will expand and strengthen the e-vehicle ecosystem by supporting manufacturing and charging infrastructure. Greater adoption of e-buses for public transport networks will be encouraged through payment security… Continue reading Budget 2024: E-bus adoption encouraged via payment security mechanism