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...The UK group previously talked to several carmakers including BMW, Volkswagen and start-up Lucid about a partnership, although nothing materialised....
...The Vancouver-based group said on Thursday that the loan, which is the largest ever extended by the US Department of Energy to a mining group, will help it develop the Thacker Pass project that will generate...
...The quake — which had a magnitude of 7.2 according to Taiwan’s earthquake monitoring agency and 7.4 according to the US Geological Survey — struck at 7.58am on Wednesday off the east coast, 25km south of...
...Unlike rivals BMW and Mercedes-Benz, Audi makes no cars in the US. Its factory in Mexico makes the Q5 SUV, but many cars it sells in America are exported from Europe....
...US commerce secretary Gina Raimondo announced on Monday that the South Korean chipmaker was set to produce chips at the 2 nanometre level of miniaturisation at a new fabrication plant, or fab, it was building...
...“Volkswagen Group China’s e-offensive is taking effect,” said VW’s China head Ralf Brandstätter....
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...The weak demand in the US has prompted Ford to cut production of its F-150 Lightning electric truck and scale back on a battery plant in Michigan....
...The workers, who voted 2,628 to 985 to join the union, had said that Volkswagen was underpaying them, targeting the German group as part of a $40mn campaign to organise workers at 13 mostly foreign-owned...
...This remains unchanged following our decision to cancel Phase 2.”...
...The retail business’s profit margin was 2 per cent last year, compared with 5.8 per cent for the group as a whole over the same period....
...China’s Xiaomi heralded its greater ambition in EVs with a launch event in Beijing on Thursday night for its Speed Ultra 7 sports sedan, announcing a competitive starting price of Rmb215,900 ($29,867) and...
...In the US, nearly 1.2mn electric vehicles were sold in 2023, representing 7.6 per cent of total sales in 2023, up from 5.9 per cent in 2022....
...Distrito Vegano Calle del Conde de Romanones 10, 28012 Madrid Good for: Breakfast — its baked goods were truly a highlight Not so good for: Big groups....
...Norilsk Nickel, the metals group controlled by Russia’s richest man Vladimir Potanin, will move some copper smelting production from its home country to China, as western sanctions restrict access to key...
...“From a cost point of view, it could not compete with a blast furnace [in Europe],” says Thomas Hansmann, chief technical officer for the Düsseldorf-based SMS Group, which builds plants for the metal industry...
...On Monday, it signed an agreement to supply the US battery plants of Chinese-owned battery group AESC with material produced from its Ontario plant....
...As a further exercise of economy, the Ineos Grenadier houses an engine built by BMW....
...It faces uncertainty over the future of its key asset: a 2.6GW biomass plant in Yorkshire....
...We start the week with a scoop on the growing clamour for a 24/7 New York bourse....
...It said food price inflation was an “inevitable” result and challenged a government estimate putting it at just 0.2 per cent. The new regime is being introduced in three phases....
...JLR owner Tata has committed to build a second factory, which will initially use the Chinese group’s technology....
...The danger to supplies from sudden geopolitical instability was highlighted on Wednesday as drone strikes by Ukraine on refineries inside Russia contributed to a 2.7 per cent jump in the price of Brent crude...
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