OEMs including Toyota, Mercedes-Benz, BMW, and Aston Martin hit by war in Ukraine.
Author: Financial Times
Tesla forced to turn down €1.1 billion in EU support for German battery plant
Delays to factory near Berlin left carmaker unable to meet EU state aid conditions.
Slow train across Siberia offers glimpse of Russia’s rail ambitions
Redevelopment of a 4,300km Soviet-era line aims to propel the network into this century.
TSMC signals global chip crunch may be easing
Semiconductor group says carmakers can expect upturn in supplies over coming weeks
Lordstown Motors warns its electric vehicle business may fail
Stock falls after filing flags “substantial doubt” over future operations.
“Kind of crazy”—how the booming US used car market is driving inflation
Supply constraints and soaring demand have made vehicle prices a key number for the Fed.
Volvo and Daimler bet on hydrogen truck boom this decade
Swedish and German groups expect fuel to challenge diesel in long-distance freight.
TSMC: How a Taiwanese chipmaker became a linchpin of the global economy
At a time of shortages and competition, the company is dominant in chip production.
Panasonic to reduce Tesla reliance as battery tie-up evolves
Outgoing CEO steers company away from ‘one-legged’ dependence on US carmaker.
Car groups throw spanner in works of EU’s hydrogen drive
Industry pours cold water on idea hydrogen can vie with battery power to replace ICEs.