Copper giant Codelco invests in EVs, cacti as part of green makeover
By Fabian Cambero and Nicolas Cortes EL TENIENTE MINE, Chile (Reuters) - Chilean copper giant Codelco, under growing pressure from global clients demanding sustainable mining credentials, is trying to give itself a green makeover by investing in electric buses, cactus nurseries
Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser
By David Shepardson YORK, Pennsylvania (Reuters) - Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending a $7,500 tax credit for electric-vehicle purchases and that he would be open to naming Tesla CEO Elon Musk
China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units
By Hong Kong newsroom HONG KONG (Reuters) - Shares of China Evergrande New Energy Vehicle fell 7% in Monday morning trade after individual creditors of two of its units sought court approval for the units to go through bankruptcy proceedings and
LG Energy Solution slashes earnings guidance on weak EV demand; shares drop
By Heekyong Yang and Jihoon Lee SEOUL (Reuters) - South Korean battery firm LG Energy Solution (LGES) warned on Thursday its revenue would plunge more than 20% this year and it would ease capacity expansion due to a sharper than expected
GM slams brakes on self-driving vehicle without steering wheel
By David Shepardson (Reuters) - General Motors' Cruise self-driving unit will focus its development efforts on a next-generation Chevrolet Bolt as it indefinitely delays its planned Origin vehicle that would not have a steering wheel, the automaker said on Tuesday. In 2022,
GM not reiterating 2025 1 million EV production capacity forecast
By David Shepardson (Reuters) - General Motors on Monday declined to reiterate its previously announced forecast that it would have 1 million units of electric vehicle production capacity in North America by the end of 2025. A GM spokesperson said the automaker
TotalEnergies, SSE to launch EV charging company in UK and Ireland
By America Hernandez PARIS - French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle (EV) fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies
South Korea’s SK On in talks to supply prismatic EV batteries as it seeks turnaround
By Heekyong Yang SEOUL (Reuters) - South Korean EV battery maker SK On is in talks with automakers to supply prismatic batteries, expanding from its existing pouch-type batteries, a senior executive said, as it scrambles to turn around amid slowing global
Carmakers respond to EU tariffs on Chinese-made EVs
(Reuters) - With the European Union's extra duties on Chinese-made electric vehicles (EVs) taking effect on Friday, some carmakers have been considering whether to raise their prices or take other measures in response. So far, only Tesla has announced plans to