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Company puts its pedal to the metal despite slowing EV demand
Deal would turn facility into all-EV factory as Japanese group transitions models to green energy
The great and the good should think twice about backing speculative ventures and do more due diligence
Industrial action at carmaker over collective bargaining sparks wave of sympathy strikes that could spill into other countries
Also in today’s newsletter, IEA urges oil and gas companies to pay up for the energy transition
LG Energy Solution and SK On slowing their expansion in response to sluggish demand
Japanese carmaker expected to invest £1bn and allay any uncertainty over future of its UK factory
OBR expectations suggest car industry will miss government sales targets next year
German carmaker’s 11% increase follows moves by Nissan, Hyundai, Honda and Toyota to lift workers’ wages
UK advertising regulator claims Hilux commercial had ‘no regard for environmental impact’
Paris willing to postpone start of levy on EVs made in Britain or the EU
Agreement reflects pressure carmaker is under to lower the cost of its electric vehicles
Swedish start-up has developed an energy storage technology with no critical minerals including lithium which could minimise reliance on China
Commons committee says 160,000 carmaking jobs ‘at risk’ unless new investors sign up
Kyle Vogt steps down as company works to ‘strengthen public trust’ following regulator’s ban on its driverless vehicles
Households living near pylons and substations will be offered compensation as part of Autumn Statement
Sale of automotive unit would free up ample cash to invest in rapidly changing battery technology
Chinese group says commitment to Swedish carmaker remains ‘steadfast’
The standalone business has yet to prove itself roadworthy
Hesai’s claim comes as Biden and Xi meet to ease tensions between the world’s two largest economies
Trevor Milton is set to be sentenced on November 28
Luca de Meo outlines French carmaker’s expansion goal with plans to launch seven new electric models
Former employee serves ‘statutory demand’ on Recharge Industries, which could lead to bankruptcy proceedings
Group aims to save €400mn as it battles to remain competitive in electric vehicle era
Sharp deceleration in sales growth as mainstream buyers’ appetite proves weaker than expected
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