Energy & Green Tech

Canada revs up its EV batteries manufacturing

As the world accelerates toward emissions-free driving, Canada is making a big push into batteries for electric vehicles—touting tax incentives, bountiful critical minerals and clean energy to attract multinationals.

Business

Tesla quarterly profit jumps, but revenues miss estimates

Tesla reported Wednesday another quarter of sparkling earnings growth, but shares fell amid questions over the resilience of electric vehicle demand, CEO Elon Musk's embattled Twitter transaction and other issues.

Energy & Green Tech

EU approves end of combustion engine sales by 2035

The European Union approved a plan to end the sale of vehicles with combustion engines by 2035 in Europe, the 27-member bloc announced early Wednesday, in a bid to reduce CO2 emissions to zero.

Business

How the world ran out of semiconductors

There's a global shortage in semiconductors, and it's becoming increasingly serious. The US is currently reviewing of its supply of the technology, following a landmark executive order from President Joe Biden.

UK car sector warns one in six jobs in virus danger

Britain's car sector could lose one in six jobs or about 25,000 posts due to economic fallout from coronavirus, industry body the Society of Motor Manufacturers and Traders warned Tuesday.

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