Automotive

Taiwan's Foxconn has deal to buy former GM plant in Ohio

Foxconn Technology Group, the world's largest electronics maker, has a deal to buy a huge auto assembly plant in Ohio from startup electric truck maker Lordstown Motors, the companies announced Thursday.

Automotive

Swedish electric carmaker Polestar to go public

Electric car maker Polestar, controlled by Sweden's Volvo Cars and its Chinese owner Geely, said on Monday it plans to go public in a stock market debut that could value it at around $20 billion (17 billion euros).

Energy & Green Tech

Sales of electric cars charge ahead in Europe

Electric cars—key to reducing emissions and meeting climate change goals—have boosted their market share in Europe, data showed Friday, as the region prepares to abandon petrol and diesel.

Energy & Green Tech

Global approach is needed on battery regulation

New European Union regulations on batteries could offer a huge boost to the global decarbonisation mission—but only if it leverages its political and economic weight to ensure a fairer global marketplace.

Automotive

Mercedes sketches out all-electric scenario by decade's end

Daimler AG's luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would "in essence" ...

Automotive

Opel to be 100% electric in Europe by 2028: CEO

German carmaker Opel said Thursday that it would stop producing cars with internal combustion engines in Europe by 2028, one of the most ambitious greening targets in the accelerating shift to electric vehicles.

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